Star Health rallies on 13% growth in gross written premium and highest ever PAT of Rs. 619 Cr in FY23
1 year, 8 months ago

Star Health rallies on 13% growth in gross written premium and highest ever PAT of Rs. 619 Cr in FY23

Live Mint  

The shares of Star Health and Allied Insurance Company ended today's trading session on a green note after it declares impressive FY23 performance. I am sure Star Health Insurance is well poised to grow to greater heights in the coming days under the leadership of Mr. Anand Roy. Mr. Anand Roy, newly appointed Chief Executive Officer and Managing Director of Star Health and Allied Insurance Company Limited said, “I am extremely humbled and also excited about my new role at Star Health. As of the end of March 2023, Star Health has a 34% share of the retail health insurance industry in India.

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History of this topic

The best proxy to potentially profit from India’s health insurance boom
2 weeks, 3 days ago

The best proxy to potentially profit from India’s health insurance boom

Live Mint  

Narratives play a crucial role in the stock market, often influencing investor sentiment and stock prices. 76.3% of claims were settled by TPAs ​​in FY22 View Full Image Source: Medi Assist Red Herring Prospectus TPAs oversee more than 60% of group insurance policies in India. View Full Image Source: Medi Assist Red Herring Prospectus Overall, from FY18-22, premiums managed by …

Star Health Unveils ’Star Arogya Digi Seva’ to Bridge Healthcare Gaps in Rural India
1 month, 2 weeks ago

Star Health Unveils ’Star Arogya Digi Seva’ to Bridge Healthcare Gaps in Rural India

Live Mint  

• Combines telemedicine with Mobile Health Units for doorstep healthcare services • Program targets 5 Aspirational districts in TN & AP & TG in 74 villages in 10 districts, focusing on non-communicable diseases • Focuses on diabetes, hypertension management, and iron nutrition awareness CHENNAI, India, Nov. 25, 2024 /PRNewswire/ -- Star Health Insurance, India's leading health insurance provider, today announced …

Star Health Insurance eyes GWP ₹30,000 crore by FY28
6 months, 1 week ago

Star Health Insurance eyes GWP ₹30,000 crore by FY28

The Hindu  

Star Health and Allied Insurance Co Ltd., has drawn up plans to almost double its Gross Written Premium to about ₹30,000 crore over the next four years. Star Health Insurance customers can avail treatment for infectious ailments including fever, acute gastroenteritis, urinary tract infection and acute gastritis, by calling toll-free number 044-69006900 or through phone or the Star Health mobile …

15 Nifty500 stocks surged 10-23% last week; ITI topped the list
2 years, 5 months ago

15 Nifty500 stocks surged 10-23% last week; ITI topped the list

Live Mint  

The Indian equity markets ended in the green on July 15, snapping a four-day losing streak. Scrip Name Weekly Returns ITI Ltd. 23.1% Anupam Rasayan India 17.9% HFCL Ltd. 15.9% Star Health 15.9% KEC International Ltd. 15.2% Aster DM Healthcare 15.0% Vakrangee 14.1% Adani Transmission Ltd. 13.5% Blue star 11.9% IDBI Bank 11.6% Hinduja Global Solutions 11.3% KRBL Ltd. 10.9% …

Star Health share price lists at discount. Should you buy, sell or hold?
3 years, 1 month ago

Star Health share price lists at discount. Should you buy, sell or hold?

Live Mint  

Shares of Star Health and Allied Insurance Company got listed today on NSE and BSE at near 6 per cent discounted price. Star Health share price made its debut on NSE at ₹845 whereas it opened on BSE at ₹848.8 apiece levels. Advising Star Health shareholders to book loss at current levels; Ravi Singhal, Vice Chairman at GCL Securities said, …

Star Health IPO Lists on BSE, NSE: Jhunjhunwala-Backed Company Lists at 6% Discount
3 years, 1 month ago

Star Health IPO Lists on BSE, NSE: Jhunjhunwala-Backed Company Lists at 6% Discount

News 18  

Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Company disappointed the investors on Friday as the stocks got at Rs 848.8 on BSE, a 6.11 discount over its price of Rs 900 per share. Star Health IPO comprised of fresh issuance of shares worth Rs 2,000 crore and an offer for sale of 5.83 crore equity shares by several shareholders. Star …

Star Health IPO GMP Today, Company Profile, Valuation, Review: Last Chance to Buy
3 years, 1 month ago

Star Health IPO GMP Today, Company Profile, Valuation, Review: Last Chance to Buy

News 18  

Star Health and Allied Insurance Company’s initial public offering will be closed on Thursday, December 2. The net proceeds of the Star Health and Allied Insurance Company IPO will be used to augment the capital base, thereby maintaining the solvency levels of the company. Star Health and Allied Insurance Company IPO Valuation and Subscription Status The IPO is valued at …

Star Health launches IPO, raises over 3,200 cr from anchor investments
3 years, 1 month ago

Star Health launches IPO, raises over 3,200 cr from anchor investments

Hindustan Times  

Ahead of Tuesday’s initial public offering, Star Health and Allied Insurance said on Monday it has raised a little over ₹3,217 crore from anchor investors. Star Health's IPO consists of a fresh equity issue of shares worth ₹ 2,000 crore. As per a circular uploaded on the BSE's website, Star Health has decided to allocate 3,57,45,901 equity shares to 62 …

Star Health raises ₹3,217 cr from anchor investors ahead of IPO
3 years, 1 month ago

Star Health raises ₹3,217 cr from anchor investors ahead of IPO

The Hindu  

Star Health and Allied Insurance Company on November 29 said it has raised a little over ₹3,217 crore from anchor investors ahead of its IPO on November 30. The company has decided to allocate a total of 3,57,45,901 equity shares to 62 anchor investors at ₹900 apiece, aggregating to ₹3,217.13 crore, according to a circular uploaded on BSE website. Those …

Young adults, add-on policies drive growth for Star Health
4 years, 5 months ago

Young adults, add-on policies drive growth for Star Health

The Hindu  

Star Health and Allied Insurance Co. Ltd. has seen growth in premium collection — driven by young adults and customers signing up for add-ons to their health insurance policies. Speaking to The Hindu, Anand Roy, managing director, Star Health said, “We are seeing an surge in demand for health insurance amid the pandemic.” “While the health insurance sector as a …

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