General Insurance company Star Health and Allied Insurance Company announced Q3FY25 results Net loss of Rs 215.14 crore for Q3FY25. Revenue stood at Rs 4,147.6 crore for Q3FY25 Expense Ratio stood at 31.18%. Company’s combined ratio stood at 101.8%, and its claims ratio stood at 70.66%, both improved sequentially. Anand Roy, MD and CEO of Star Health and Allied Insurance said: “At Star Health, We continue to evolve as a health insurance provider by listening closely to our customers and shaping solutions that meet their evolving needs. Our steady growth across key business areas highlights the trust we have earned and our agility in adapting to a dynamic industry landscape. By leveraging technology and fostering strong partnerships, we aim to make health insurance easy and accessible for every individual. We continue to bridge the insurance gap in the country, contributing to IRDAI Chairman’s vision of Insurance for All by 2047, while supporting India’s progress in healthcare and strengthening the overall health insurance ecosystem.” Result PDF
Conference Call with Star Health and Allied Insurance Company Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with JM Financial Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.