Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Star Health & Allied Insurance Co. Ltd. ( (IN:STARHEALTH) ) just unveiled an announcement.
Star Health reported a sharp improvement in profitability for the third quarter of FY26 under Ind AS, with profit after tax surging 414% year-on-year to ₹449 crore, driven by strong premium growth, a healthier loss ratio and improved operating efficiency that brought the combined ratio down to 98.9%. Gross written premium rose 23% year-on-year in Q3 FY26 to ₹5,047 crore, led by a 27% jump in retail premiums and a 60% surge in fresh retail business, while for the first nine months of FY26 GWP grew 16% to ₹13,856 crore and PAT rose 87% to ₹966 crore, reinforcing the company’s leadership in retail health with a 31.3% market share. Operationally, Star Health highlighted improving claims and customer metrics—settling over 2 million claims worth about ₹8,900 crore, maintaining 99.2% persistency, and lifting its Net Promoter Score—alongside deeper digital integration, with 20% of fresh retail sales and 76% of overall premiums routed digitally and its “Atom” app enabling 85% of fresh policy acquisitions, as AI-driven claims processing now handles the majority of claims traffic, enhancing productivity and customer experience.
More about Star Health & Allied Insurance Co. Ltd.
Star Health & Allied Insurance Company Limited is India’s largest standalone health insurer, focused primarily on retail health insurance. The company offers a broad range of health insurance products and leverages a digital-first distribution and claims management model to strengthen its position in the country’s fast-growing retail health segment, where it holds a 31.3% market share for the first nine months of FY26.
Average Trading Volume: 61,216
Technical Sentiment Signal: Strong Sell
Current Market Cap: 250.3B INR
See more insights into STARHEALTH stock on TipRanks’ Stock Analysis page.