STAR HEALTH & AL INS CO L

The earnings call for Q1 FY 2027 of Star Health and Allied Insurance Company Limited highlighted significant milestones, including the company's 20th anniversary and its position as the largest retail health insurer in India. Management reported a 19% year-on-year increase in gross return premium, reaching Rs. 4,287 crore, and a 37% rise in Fresh Retail Health GWP to Rs. 730 crore. The underwriting result improved to Rs. 111 crore, marking the fourth consecutive quarter of enhanced core underwriting profitability. The combined insurance service ratio improved to 97%, and profit after tax rose 25% to Rs. 550 crore. Management emphasized a disciplined approach to risk selection and a focus on digital transformation, with proprietary channels contributing over 90% of retail business. The call concluded with management reiterating their commitment to sustainable growth and customer-centric strategies.

Management emphasized strong growth and operational improvements throughout the earnings call.