Star Health and Allied Insurance Company Ltd - 543412 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Star Health and Allied Insurance Company Limited has informed the Exchange about Schedule of Analysts/institutional Investors meet dated May 4, 2023. Star Health and Allied Insurance Company Ltd - 543412 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Star Health and Allied Insurance Company Limited has informed the Exchange about Transcript for Q4 FY2023 and FY 2023 Earnings Call dated April 28,2023
Buy Star Health; target of Rs 685: Emkay Global Financial
Emkay Global Financial is bullish on Star Health has recommended buy rating on the stock with a target price of Rs 685 in its research report dated April 29, 2023.
Buy Star Health; target of Rs 720: Motilal Oswal
Motilal Oswal is bullish on Star Health recommended buy rating on the stock with a target price of Rs 720 in its research report dated April 29, 2023. Star Health and Allied Insurance Company Ltd - 543412 - Earning Call Audio Recording- March 31, 2023.
Star Health and Allied Insurance Company Limited has informed the Exchange about Link of Recording for Earning call dated April. 28,2023. Star Health and Allied Insurance Company Ltd - 543412 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Star Health and Allied Insurance Company Limited has informed the Exchange about newspaper publication of Audited Financial Results for the quarter and year ended March 31, 2023 published in Business Standard (English Edition) and Dinamani (Tamil Edition). Star Health posts record PAT of 619 crore in FY23
Star Health posts highest underwriting profit of 204 crore in 2022-23, compared with an underwriting loss of Rs 2,061 crore in 2021-22
Star Health Insurance earns net profit of Rs 102 cr in March quarter
Star Health and Allied Insurance on Friday reported Rs 102 crore net profit for the fourth quarter ended March 2023. The standalone health insurer had booked a loss of Rs 82 in the January-March quarter of the preceding fiscal. The insurer collected gross written premium (GWP) of Rs 4,199 crore in the quarter against Rs 3,689 crore in the year-ago period, it said in a regulatory filing. The net premium income increased to Rs 19,426.57 crore compared to Rs 14,289.66 crore. For the entire 2022-23, profit after tax (PAT) stood at Rs 619 crore against a loss of Rs 1,041 crore in FY22. "During the year ended March 31, 2023, the company pursuant to the approval received from the Insurance Regulatory and Development Authority of India (Irdai) has exercised Call Option and redeemed the Subordinated debenture in full on September 6, 2022, and October 29, 2022, amounting to Rs 200 crore and Rs 50 crore, respectively, including interest thereon," the insurer said. The corresponding debentur FY23 Annual Result Announced for Star Health and Allied Insurance Company Ltd.
Star Health and Allied Insurance Company announced FY23 results: Registers a net profit of Rs 619 crore for FY23 Company delivers combined ratio of 95.3% for FY23 Gross Written Premium of Rs 12,952 crore in FY23 Appoints Anand Roy as the Chief Executive Officer and Managing Director Anand Roy, newly appointed Chief Executive Officer and Managing Director of Star Health and Allied Insurance Company said, “I am extremely humbled and also excited about my new role at Star Health. It is indeed a privilege and honour to lead this great organisation into its next phase of success. FY 22-23 has been a good year for us where we saw steady growth q-o-q. We focused on improving our retail market share, lowering our combined operating ratio, growing our channel partners and agent network. The year saw us launch a couple of innovative products which were well received by customers across the country. Our growth strategy also focused on strengthening our presence through branches and increasing our network hospital presence for better customer service. Our combined ratio for FY23 improved to 95.3% versus 117.9% for FY22.” “Retail health insurance will remain our primary focus for the years ahead. We continue to invest heavily in enhancing our customer experience through product innovation and digitalization. The brand of Star Health is well entrenched in all parts of our country. We will keep identifying new opportunities for growth and expansion and contribute to increasing the penetration of health insurance in India”, added Mr. Roy. Result PDF Star Health and Allied Insurance Company Ltd - 543412 - Announcement under Regulation 30 (LODR)-Investor Presentation
Star Health and Allied Insurance Company Limited has informed the exchange about Investor Presentation dated April 28, 2023.