India’s Largest Health Insurer Posts 16% PAT Growth in FY26

Star Health and Allied Insurance Company Limited has reported a strong financial performance for FY2025–26, posting a Profit After Tax (PAT) of ₹911 crore, marking a 16 per cent year-on-year growth.

The company attributed the improved profitability to premium growth, better customer renewal persistency, moderation in loss ratios and enhanced operational efficiency, under IndAS norms.

For the financial year ended March 31, 2026, Star Health recorded a Gross Written Premium (GWP) of ₹20,369 crore, reflecting a 16 per cent annual growth. The retail health segment contributed ₹19,341 crore, registering a stronger 20 per cent growth.

The insurer also maintained its leadership position in India’s retail health insurance market, holding a 31 per cent market share in FY26.