Star Health and Allied Insurance has been ranked number one among all private stand alone health insurers in health insurance premium, as per data compiled by industry body General Insurance Council for the year ending March 31.
This also makes Star Health Insurance, number one among all stand-alone health insurers, procuring a premium of Rs 1,439.27 crore in the health insurance segment.
"This achievement shows the confidence which people have on us and the dedicated service done by our people," Star Health and Allied Insurance Executive Director S Prakash said in a statement issued here today.
"We have our presence all across India at 900 outlets, with 7,000 employees. We have vast range of products to meet the requirements of all sections," he said.
Among other stand alone health insurers, Religare Health Insurance reported a gross written premium of Rs 275.8 crore during the year gone by, as per General Insurance Council data.
"We have reported a gross written premium of Rs 275.8 crore for the year 2014-15. We continue to invest in building a very strong service foundation for offering best-in-class services to our customers and distribution partners," Religare Health Insurance Managing Director and Chief Executive Anuj Gulati said.
The stand alone health insurance sector, dominated by half a dozen players, is likely to have grown at 30 per cent to Rs 2,946 crore in FY 2015, according to General Insurance Council data.
