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An announcement from Star Health & Allied Insurance Co. Ltd. ( (IN:STARHEALTH) ) is now available.
Star Health and Allied Insurance Company Limited has had its rating affirmed at ‘IND AA+’ with a stable outlook by India Ratings and Research, highlighting its strong market leadership, robust underwriting practices, and differentiated operating model. The company maintains a 33% share of the retail health insurance market in India and reported a gross written premium of ₹16,781 crore for FY25. With a solvency ratio of 2.21x, Star Health’s financial resilience is supported by its operational model, which includes a large team of in-house doctors and efficient claims processing systems. The reaffirmation underscores Star Health’s role as a trusted partner in India’s healthcare ecosystem and its commitment to expanding access to quality healthcare protection.
More about Star Health & Allied Insurance Co. Ltd.
Star Health and Allied Insurance Co. Ltd. is a leading standalone health insurance provider in India, established in 2006 as the country’s first standalone health insurance company. The company offers a range of insurance products including health, personal accident, and travel insurance. It is known for its innovative product offerings and efficient claims management process, catering to diverse customer needs such as cancer, diabetes, cardiac illnesses, and specialized insurance for senior citizens, women, and children. Star Health has a robust distribution network with 914 offices, over 11,300 network hospitals, and a large team of licensed agents and employees.
Average Trading Volume: 53,353
Technical Sentiment Signal: Hold
Current Market Cap: 269.5B INR
Learn more about STARHEALTH stock on TipRanks’ Stock Analysis page.