Star Health and Allied Insurance reports stronger performance in Q1 FY27, with profitability improving year-on-year. Multiple outlets cite net profit around ₹550 crore for the quarter ended June 2026, describing a rise of roughly 25–26% compared with the prior year quarter, when net profit was ₹438 crore. The company also reports insurance revenue growth, with one outlet saying insurance revenue increases 12.6% to ₹4,917 crore. Financial filings referenced by another report show total income rises to ₹4,471 crore from ₹3,990 crore, and gross written premium increases 19% to ₹4,287 crore from ₹3,605 crore. A key change highlighted across sources is underwriting profit, which increases sharply to ₹111 crore from ₹16 crore in Q1 FY26. One outlet additionally reports solvency ratio declines to 209% from 222%. Operationally, Star Health states it settles 9.6 lakh claims in the quarter, and its retail claims settlement ratio improves to 91%.
Star Health reports higher Q1 profits as underwriting profit rises to ₹111 crore
Star Health and Allied Insurance reports stronger performance in Q1 FY27, with profitability improving year-on-year. Multiple outlets cite net profit around ₹550 crore for the quarter ended June 2026,...
- Star Health reports Q1 FY27 net profit around ₹550 crore, up about 25–26% year-on-year from ₹438 crore.
- Underwriting profit rises sharply to ₹111 crore from ₹16 crore in Q1 FY26.
- Insurance revenue increases 12.6% year-on-year to ₹4,917 crore (as reported by one outlet).
- Gross written premium increases 19% to ₹4,287 crore from ₹3,605 crore (as reported by one outlet).
- Company reports settling 9.6 lakh claims and a retail claims settlement ratio of 91%.
Star Health reports normalised PAT of ₹ 386 Crores in Q1 FY27, up 44% YoY; Underwriting Profit increases sharply to ₹ 111 Crores, compared to ₹ 16 Crores in Q1 FY26
1 month agoStar Health reports normalised PAT of ₹ 386 Crores in Q1 FY27, up 44% YoY; Underwriting Profit increases sharply to ₹ 111 Crores, compared to ₹ 16 Crores in Q1 FY26
1 month agoStar Health and Allied Insurance Company on Wednesday reported a 25 per cent increase in net profit to Rs 550 crore for the first quarter ended June 2026.The standalone health insurer had posted a net profit of Rs 438 crore during the corresponding quarter of the previous financial year.During the quarter, total income increased to Rs 4,471 crore from Rs 3,990 crore in the same period a year ago, Star Health and Allied Insurance Company said in a regulatory filing.The private health insurance firm's gross written premium during the quarter rose 19 per cent to Rs 4,287 crore from Rs 3,605 crore in the year-ago period.The insurer's underwriting profit surged to Rs 111 crore from Rs 16 crore in the corresponding quarter last year.However, the company's solvency ratio declined to 209 per cent from 222 per cent in the same quarter a year ago."Our performance in the first quarter reflects the strength of our fundamentals and the consistency of our execution," Star Health Insurance Managing Director and CEO Anand Roy said.Sustainable growth, improvement in core underwriting profitability and operating discipline helped the company deliver a strong start to the year, he added.The insurer settled 9.6 lakh claims during the quarter, while its retail claims settlement ratio improved to 91 per cent.
1 month agoUnderwriting profit sharply higher at ₹111 crore
1 month agoInsurance revenue rose 12.6% year-on-year to Rs 4,917 crore in the quarter under review.
1 month agoInsurance revenue rose 12.6% year-on-year to Rs 4,917 crore in the quarter under review.
1 month ago
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