Star Health Insurance Q2: GWP Grows 19%, CFO Reveals Growth And Margin Outlook | Business News
ET Now · 28 Oct 2026 · 7 min
Management interview of Star Health and Allied Insurance Company Ltd (STARHEALTH), with 5 key numbers discussed.
- Nilesh Kambli, CFO, Star Health Insurance
Star Health Insurance reported consistent improvements in combined ratio for the fifth straight quarter. The Q2 loss ratio improved from 71.5% to 69%, while expense ratio eased to 29.1%, aided by price hikes, underwriting discipline, and anti-fraud initiatives. Management targets steady-state premium growth of 16-18%, shrugging off high base effects. The company plans annual price hikes linked to product loss ratios, outpacing mid-single-digit hospital inflation, and sees positive impacts from draft IRDAI distribution guidelines.