Star Health aims to double its gross written premium to ₹30,000 crore by FY28

 https://youtube.com/shorts/TSddMvtrsGM?si=fLOXKJpjOJz8CNZR


  • Star Health aims to double its gross written premium to ₹30,000 crore by FY28

  • Star Health and Allied Insurance Co Ltd, a leading standalone health insurance company, aims to double its gross written premium (GWP) to ₹30,000 crore by FY28. 
  • This ambitious goal is supported by deeper market penetration in both urban and rural areas.
  • The Chennai-headquartered company’s gross written premium grew to ₹15,251 crore in FY24 from ₹12,951 crore in FY23. During FY20-FY24, the company grew at a CAGR of 24 per cent.

  • “Many companies have entered the health insurance space and many new applicants are also coming into the industry because the opportunity is very large. So we aspire that whatever we could achieve in the last 18 years, we want to double that in the next four years, Anand Roy, MD & CEO, Star Health and Allied Insurance Company Ltd said while announcing the availability of home healthcare services for its customers across 50 cities

  • The company reported a profit after tax of ₹845 crore in the last financial year, a 37 per cent increase from the previous year.

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