Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Health insurers yet to crack retail OPD coverage
Financial Express Lucknow
|June 25, 2025
Insurance crossed the ₹5,000-crore gross written premium (GWP) milestone in FY25.
-
ADITYA BIRLA HEALTH Chief executive officer Mayank Bathwal tells Narayanan V about the growth strategy for the current fiscal and the broader trends in India's health insurance landscape. Excerpts:
What is your GWP growth target for FY26?
We are part of a listed company and we can't give any forward-looking numbers. Just to give an idea, our gross written premium grew 42% year-on-year to ₹5,252 crore in FY25. The industry grew by around 15%. We also had the first full year of profit last year, which is again an achievement—for our scale of business, achieving profit in eight years is rare. We haven't seen anyone else doing that. We also increased the market share in the standalone health insurance space to 12.6% from 11.2%.
We are confident of growing ahead of the market in the future as well and will focus on increasing the profitability.
What is the mix between retail and group health?
This story is from the June 25, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
Trump lavishes praise on Mayor-elect Mamdani at White House meeting
AFTER MONTHS OF trading insults, US President Donald Trump and incoming New York City mayor Zohran Mamdani smiled at each other, swapped compliments and pledged to collaborate on tackling crime and affordability in the nation's biggest city at an unexpectedly friendly meeting at the White House on Friday.
2 mins
November 23, 2025
Financial Express Lucknow
Kissing has existed for at least 16 million years, scientists say
And humans are far from the only species locking lips
2 mins
November 23, 2025
Financial Express Lucknow
US court orders Byju to pay over $1 billion for default
Raveendran to appeal, says not allowed to defend
1 min
November 23, 2025
Financial Express Lucknow
PM: Drug-terror nexus global threat
“THIS POSES A serious challenge to public health, social stability, and global security. It is also a major means of financing terrorism,” he said.
2 mins
November 23, 2025
Financial Express Lucknow
The carb conundrum
IF YOU FIND homely comfort in a meal of rice, roti, dal and veggies, for all its simplicity and popularity, think again.
5 mins
November 23, 2025
Financial Express Lucknow
Fashion crimes: Why we dress like lost rockstars
GOLF IS A sport known for silence, discipline, polite clapping, and scorecards that can humble the strongest souls.
4 mins
November 23, 2025
Financial Express Lucknow
Luggage to flaunt
Offering smart features like USB ports, anti-theft zippers, and more, baggage options for travel are now moving from ‘nice to have’ to ‘must have’
2 mins
November 23, 2025
Financial Express Lucknow
A compact sedan holds fort in market ruled by SUVs
Dzire outsells all the other sedans combined
2 mins
November 23, 2025
Financial Express Lucknow
High BP in kids common now
Know how to prevent and tackle the serious issue
3 mins
November 23, 2025
Financial Express Lucknow
Thinking machines among humans
How a brisk history of AI helps us see the future more clearly
4 mins
November 23, 2025
Listen
Translate
Change font size