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Star Health Fast Ceding Ground

August 27, 2025

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Financial Express Kochi

Competition Intense as New Players Enter

- NARAYANAN V

STAR HEALTH, INDIA'S largest standalone health insurer, is rapidly losing market share in the $14-billion-a-year health insurance market amid rising competition from new entrants and general insurers shifting focus from the motor to the health segment.

Gross premiums of the health insurer as a percentage of total premium collection of standalone health insurers (SAHIs) fell to 44% in FY25, against 60% in FY21. The decline came even as SAHI's industry premiums more than doubled to ₹37,529 crore during this period.

Star Health's share slipped further to 40% in the first four months of the current fiscal.

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