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Star Health and Allied Insurance Company Limited is an Indian health insurance provider incorporated in 2005. It offers retail health, group health, personal accident, and travel insurance products through agents, brokers, online channels, and bancassurance partnerships. The company has a 15.35% market share in FY2021-22 and operates a network of over 12,820 hospitals. Star Health went public in December 2021 with a Rs 6400-crore IPO. As of 2022-23, the company has expanded its distribution network to 835 branches across 25 states and 5 Union Territories in India, serving individuals, families, and corporates in the middle market segment.
In the news

Star Health Stock Bounces Back After 50-DMA Test, Home Health Care Surges

Star Health's Q1 FY27: Digital Transformation Fuels Profit Surge

Star Health Q1 FY27 Results: Profit Surges 25.46% to ₹549.73 Cr

Rekha Jhunjhunwala transfers Star Health shares to promoter LLP

Health Insurance Prioritization: Sequential Coverage Strategy for Young Families

Nomura picks Star Health, Niva Bupa for up to 23% upside

Star Health hits 52-week high, Motilal Oswal targets ₹800

JM Financial backs PDS margin recovery story, sees 22% upside

Kotak Securities picks TVS Motor, Star Health for buying

Star Health targets 65% business from smaller cities by 2028

Star Health launches 20% cheaper health cover for tier-2,3 cities

Star Health launches affordable plans for tier 2, 3 markets

Star Health targets ₹24,000 cr GWP in FY27, ₹30,000 cr by FY28

ICICI Securities recommends Star Health buy with ₹644 target

Star Health shares surge 13% on Q4 profit jump to ₹111 crore

Sensex surges 609 pts, Nifty above 24,150 on strong earnings

REC Shares Drop 5% on Analyst Downgrades After 22% Profit Decline

Star Health to use AI for 50% of claims settlement by 2028

Star Health sees 50% surge in new policy demand post GST cut

Budget 2026: Star Health CFO expects claim ratio benefits
The Quarter story
The two most recent quarterly results, compared side-by-side.
Star Health tightens underwriting discipline and accelerates digital adoption while managing rising acquisition costs and volatile financing.
Combined Ratio improves from 99.6% in Q1 FY26 to 97.7% in Q1 FY27, confirming sustained underwriting discipline.
Acquisition Cost increases from 1,075 in Q3 FY26 to 1,153 in Q1 FY27, signaling rising customer onboarding expenses.
Loss Ratio declines from 69.5% in Q1 FY26 to 67.5% in Q1 FY27, indicating controlled claims experience.
Claims payout fluctuates from 3,143 in Q3 FY26 to 3,318 in Q1 FY27, highlighting volatile payout pressures.
Digital Premium Collection grows from 70% in Q1 FY26 to 96% in Q4 FY26, signaling robust digital adoption.
Insurance Service Expenses climb from 4,218 in Q3 FY26 to 4,471 in Q1 FY27, reflecting operational scaling costs.
Investment Yield rebounds from 6.5% in Q1 FY26 to 12.2% in Q1 FY27, boosting portfolio returns.
Net Finance Result swings from 552 in Q3 FY26 to 605 in Q1 FY27, showing volatile financing performance.
Profit After Tax rises from 263 in Q1 FY26 to 550 in Q1 FY27, reflecting strong bottom-line recovery.
Other net income shifts from -282 in Q3 FY26 to -288 in Q1 FY27, highlighting volatile non-core items.