Star Health

Star Health hits new low post Q3 nos, down 53% from IPO price; time to buy?

Technically, this Rakesh Jhunjhunwala-backed stock is seen headed towards its monthly trend line support; break of the same can invite a further fall at the counter. Check key levels here.

Star Health drops 5% as Irdai issues show cause notice for violating norms

The fall in insurer's share price came after the company announced that the Insurance Regulatory and Development Authority of India (Irdai) has issued a show cause notice for violating norms

HDFC Life reports data leak, begins investigation with security experts

Previously, Star Health and Allied Insurance had to launch a forensic investigation, led by independent cybersecurity experts, into a cyberattack it was subjected to

TVS' Srinivasan, Star Health founder launch health insurance product

Plan allows customers to make multiple claims within same policy year

This Rekha Jhunjhunwala portfolio stock nears record low; down 29% in 2 mth

Star Health and Allied Insurance Company shares hit a 52-week low of Rs 463, down 4% in intra-day deal and trading near its all-time low of Rs 451.10 hit on January 30, 2023.

Star Health Insurance absolves security chief in data leak incident

In August, Star Health faced a data leak, where stolen customer data including medical reports, were publicly accessible via chatbots on messaging app Telegram and through websites

Star Health leak: Can only monitor accounts flagged to us, says Telegram

Telegram said it was unable to search for leaks on its own but agreed to delete the data if the insurer helped

Star Health receives $68,000 ransom demand from cyberhacker after data leak

The company, whose shares have declined 11 per cent, has launched internal investigations and has taken legal action against Telegram and the hacker

Bots sharing Star Health data removed; monitoring any recreation: Telegram

Messaging app Telegram has taken decisive action against bots that were reported for sharing sensitive data related to Star Health and Allied Insurance Company, and is actively keeping an eye on their re-emergence, a company statement said. "The bots reported to Telegram for sharing Star Health data were immediately removed and moderators are monitoring to prevent them from being recreated. The sharing of private information on Telegram is expressly forbidden and such content is deleted whenever it is found," the statement said. Last month, Star Health had sent a legal notice to Telegram, accusing it of hosting chatbots that shared the leaked data, the statement said, adding that Telegram has consistently maintained its stance on data privacy and cooperation with the investigation. Telegram, in a note titled "Is blaming the Intermediary the new norm in Data Breach Incidents?", said it is becoming increasingly clear that Star Health may have tried to pass the buck to Telegram and ...

Star Health investigates alleged role of security chief in data leak

Investigation comes after the hacker, an individual dubbed xenZen, publicly asserted on his website that the executive had 'sold all this data to me'

Hacker builds website to leak insurer Star Health's data days after lawsuit

While it's unclear if the website was made by the same individual Star Health sued, the hacker claims that a senior Star Health official sold the data and later tried to renegotiate terms

Cloudflare denies hosting sites linked to data leak at India's Star Health

Star also sued Telegram and hacker xenZen, after it was reported that sensitive personal data, from numbers to copies of identity cards and blood reports of customers, were publicly accessible

Star Health sues Telegram after hacker uses app chatbots to leak data

Star Health has sued Telegram and a hacker for leaking sensitive data via chatbots on the platform, which has recently been under increased scanner for its policies

Star Health data for sale on Telegram: How will it impact policyholders?

A hacker named xenZen is reportedly behind the leak. Interestingly, this comes two months after a hacker with the same name claimed to have accessed Airtel India's customer database

Star Health data leak 'huge problem': Experts warn after info leak

According to media reports, the hacker created Telegram bots to access data of 31,216,953 customers updated until July 2024, and 5,758,425 claims from the company available until early August

Star Health launches insurance policy in Braille: Check details

The new policy, 'Special Care Gold,' is specifically designed for individuals with 40 per cent or more disability

Star Health and Allied Insurance Q1 results: GWP rises 18% to Rs 3,476 cr

Standalone health insurance provider Star Health and Allied Insurance Company has reported an 18 per cent rise in its Gross Written Premium for the April-June 2024 quarter at Rs 3,476 crore. The company had recorded a Gross Written Premium of Rs 2,949 crore during the same period of last financial year. Investments assets grew by 19 per cent year-on-year to Rs 15,802 crore, with an investment income of Rs 295 crore. The city-based company in a statement on Wednesday said it made an underwriting profit of Rs 140 crore during the April-June 2024 quarter. Commenting on the financial performance, Star Health and Allied Insurance Company Ltd MD and CEO, Anand Roy said, "in line with our stated strategy, we have witnessed a strong growth trajectory in Q1FY25, resulting in 18 per cent GWP growth. Our robust underwriting, expanded agent network, strengthened bancassurance collaborations, digital channels and initiatives like home health care underscore our commitment to accessible, qualit

Star Health aims to double business to over Rs 30,000 cr in 4 yrs: MD

Standalone health insurer Star Health and Allied Insurance Company Ltd., has set a target to double its Gross Written Premium to about Rs 30,000 crore over the next four years, a top official said here on Wednesday. The city-headquartered company had recorded a GWP of Rs 15,254 crore in FY24 and reported a profit after tax of Rs 845 crore up by 37 per cent over last financial year, Managing Director and Chief Executive Officer Anand Roy said. "We are aspiring to grow faster than the industry. Our target is to double our business in the next four years. We have been growing at 22 per cent (Compounded Annual Growth Rate) from FY 2020-24. By FY28, our target is to reach Rs 30,000 crore (GWP). This is an internal target that we have set ourselves...," he told reporters. Since its inception in 2006, Star Health and Allied Insurance Company has approved claims of about Rs 44,000 crore. The doubling of Gross Written Premium would be based on deeper penetration into markets including tier

BoFA, CLSA, Motilal Oswal: Why are these brokerages bullish on Star Health?

In the quarter-ending March (Q4FY24) results, Star Health's net profit jumped 40 per cent to Rs 142.3 crore, as against Rs 101.8 crore in the same quarter a year ago

Star Health Q4FY24 results: Net profit rises 40% to Rs 142 crore

The investment income in the quarter under review increased to Rs 3,953.3 crore, 35 per cent over Rs 2,915.2 crore from the January - March quarter of FY23 due to better interest rates