Star Health and Allied Insurance Company Limited reported improved operational performance in Q4 FY26, driven by better underwriting discipline and lower loss ratios.
The insurer posted an underwriting profit of ₹64 crore in Q4 FY26, compared to an operating loss of ₹87 crore in Q4 FY25. The Loss Ratio improved by 399 basis points to 65.2%, while Retail Loss Ratio improved by 294 basis points to 64.8%.
Net profit for the quarter stood at ₹111.3 crore, marking a sharp increase from ₹50 lakh a year earlier. Gross Written Premium (GWP) rose 17% year-on-year to ₹6,529 crore.
For FY26, the company reported an underwriting profit of ₹206 crore, compared to a loss of ₹165 crore in FY25, with total GWP at ₹20,369 crore.
Commenting on the performance, Mr. Anand Roy said: “FY26 has been a year of disciplined execution for Star Health. Our focus on prudent underwriting, operating efficiency, and retail health leadership has translated into stronger profitability and improved operating metrics. We have also continued to deepen digital adoption across the value chain to enhance customer experience and build long-term operating leverage. As we move ahead, we remain committed to sustainable growth, innovation-led service delivery, and making quality health insurance more accessible across India.”
