Star Health is the most important retail medical health insurance firm in India by gross written premium (GWP) in well being section. Star Health’s market share in retail well being stood at 33% as at finish September. In the retail well being section, Star well being’s market share is thrice the second largest participant within the business. Insurer posted its highest ever annual revenue in FY23 on the again of a decrease declare/loss ratio. H1 FY24 revenue development was wholesome regardless of being hit by increased claims. While underwriting profitability is inspiring, the opposite causes to think about Star well being are sturdy sectoral tailwinds, market main place, upbeat steering and premium however sustainable valuation.