Star Health Insurance Records PAT Growth of 37% to Rs 845 Crores in FY24

 

  • Star Health Insurance Records PAT Growth of 37% to Rs 845 Crores in FY24 
  • The Company has further strengthened its distribution network with an addition of 75,000 agents in FY24, taking the overall number of agents servicing customers to 7,01,000. 
  • Star Health Insurance’s market share was up 22 bps among general insurance companies to 5.26%; while it continued to maintain its leadership in the retail health insurance sector with a 33% market share
  • In FY’24 the Company reported a record profit of Rs 845 Cr, up 37% 
  • An increase of 18% in Gross Written Premium (GWP) to Rs 15,254 Cr. 
  • The Combined ratio was 96.7% in FY24 

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