Star Health Q1 FY27 PAT ₹550 Cr, up 25% YoY; Underwriting Profit ₹111 Cr
Star Health and Allied Insurance Company Limited announced its Q1 FY27 financial results, reporting a Profit After Tax (PAT) of ₹550 Crores, a 25% year-on-year increase. This growth was driven by healthy premium growth, disciplined underwriting, and operating efficiencies. Underwriting Profit saw a significant jump to ₹111 Crores from ₹16 Crores in Q1 FY26. Gross Written Premium (GWP) grew 19% YoY to ₹4,287 Crores, with fresh retail health GWP increasing by 37% YoY to ₹730 Crores. The company also highlighted improvements in its Combined Insurance Service Ratio (CISR) to 97.0% and a notable 6x growth in Underwriting Profit. Digital initiatives, including the ATOM PRO platform and customer app, continue to be key growth drivers, with 97% of fresh policies sourced digitally. The CEO, Mr. Anand Roy, expressed satisfaction with the performance.
Key Highlights
- PAT increased 25% YoY to ₹550 Crores in Q1 FY27.
- Underwriting Profit surged 6x YoY to ₹111 Crores.
- Gross Written Premium grew 19% YoY to ₹4,287 Crores.
- Retail health fresh GWP up 37% YoY to ₹730 Crores.
- Digital channels contributed 16% of fresh retail sales.
Price Impact
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