Registers a net profit of Rs 210 crore for Q3FY23
Star Health and Allied Insurance registered a Gross Written Premium (GWP) of Rs 8,753 crore in nine months as on December 31, 2022 for FY 2022-23, a growth of 13 per cent over the same period a year ago. The company’s retail health premium grew by 19 per cent to Rs 8,046 crore in the 9 months ending December 31, 2022 over the same period last year.
Star Health’s profit after tax stood at Rs 210 crore for the quarter ended December 31, 2022 and Rs 517 crores for the period ended 31st December 2022
The company’s solvency ratio continues to remain robust at 2.17x as on December 31, 2022, higher than the minimum regulatory requirement of 1.5x.
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