Star Health and Allied Insurance Company Limited — Investor Meet, 05-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Star Health achieved a significant turnaround in FY26, reporting an underwriting profit of Rs. 206 Cr (vs. loss last year) and a Gross Written Premium (GWP) of Rs. 20,369 Cr, up 16% YoY. Normalized PAT (targeting 8% investment yield) surged 45% YoY to Rs. 1,222 Cr, with ROE reaching 13.1%. Improvements stemmed from a better combined ratio (98.8%) and loss ratio (68.7%), plus a focus on 'risk-first' quality growth. Fresh premiums saw 93% from new-to-insurance customers, driven by proprietary channels. Operational highlights include improved claims settlement (92%) and renewal rates (99%). Management remains confident in sustainable, profitable growth.