Star Health reported a 200% YoY surge in Q4 FY26 underwriting profit to ₹186 crore, driven by a 2.7% improvement in combined ratio to 95.7%.
Full-year PAT grew 16% YoY to ₹911 crore, while normalized PAT (8% yield) increased 45% to ₹1,222 crore with ROE expanding to 13.1%.
Fresh retail premium grew 38% YoY in Q4, with new-to-insurance customers comprising 94% of fresh additions, reinforcing a focus on profitable, sustainable growth.
Management outlined strategic priorities including digital transformation, proprietary channel expansion, and portfolio optimization to sustain improved loss ratios and ROE.