Star Health is preparing to enter the life insurance space once the composite license framework is in place, says MD & CEO Anand Roy. With a focus on retail health, it is also recalibrating products and pricing to manage rising claims and sustain profitability.
17 min read16 Apr 2025Despite strong premium growth and investment gains, underwriting struggles and competition pressure Star Health’s performance.
6 min read1 Apr 2025Star Health and Allied Insurance Company Ltd announced on Monday, October 28, that the company cleared its Chief Information Security Officer of any alleged wrongdoing after the data leak incident.
1 min read28 Oct 2024Star Health and Allied Insurance received an asking ransom demand of $68,000 to provide access to confidential customer data leaked on October 9, according to the company’s BSE filing on Saturday.
2 min read12 Oct 2024On 25 September, a cyber attacker using the alias ‘xenZen’ leaked a massive database through automated chatbots on Telegram. About 7.24 terabytes of data affecting 31 million customers has been compromised.
4 min read11 Oct 2024Star Health Insurance has been a victim of a targeted malicious cyberattack which resulted in unauthorized and illegal access to certain data, according to the official statement on Wednesday. The company says operations remain unaffected, and services will continue without disruption.
1 min read9 Oct 2024Sensitive customer data from Star Health Insurance was accessed via chatbots on Telegram, with claims of over 31 million records for sale. The company insists no widespread data breach occurred and is cooperating with authorities.
4 min read20 Sep 2024The state-run insurance behemoth is planning to foray into health cover business with a readymade customer base, preferring to take over a player that has digital capabilities. LIC intends to leverage its network in the country to grow the planned health insurance business
4 min read14 Jun 2024Star Health and Allied Insurance shares have been underperforming since their December 2021 debut, trading now at ₹539.30 apiece, over 40% lower than the IPO price.
6 min read23 May 2024Single Insurance Window, No Insurance Frauds; The Great Goals Of Bima Sugam | Detangle With Mint #insurance #lifeinsurance #health #healthinsurance #mediclaim #medicalinsurance #hospital #irdai #bimasugam #narendramodi #abhinavtrivedi #mint #india #indianeconomy #insuranceagent #lic #sbi #sbilife #pnbmetlife #hdfcbank #hdfclifeinsurance #policybazaar_ipo #policy #g20summit #policyholder #upi #icicibank #iciciprudential #maxlife #maxhospital #jio #reliance
20 Sep 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared