With a market share of 15.8 percent in the Indian health insurance industry in FY21 and leading in the lucrative retail health category, Star Health & Allied Insurance Ltd. (Star) is India’s first autonomous health insurance provider. It is also the country’s largest private health insurer.
Financial Results:
The firm recorded total revenue of ₹ 2982.93 crores for the quarter that ended on December 31, 2022, up from ₹ 2618.42 crores for the quarter that ended on December 31, 2021.
The firm reported net profit of ₹ 210.47 crores for the quarter that ended on December 31, 2022, compared to a loss of ₹ 578.37 crores for the quarter that ended on December 31, 2021