India's largest standalone health insurer seeks to raise Rs 7,249 cr from its IPO; In a Q&A, Dr S Prakash and Anand Roy dwell on its performance and business plans, and the health insurance market
The offer will open for subscription on Nov. 30
Max India, which owned 51 per cent in the insurer sold its stake to True North in February 2019 for Rs 510 crore
Net proceeds from fresh issue amounting to Rs 2,000 cr will be used to boost company's solvency levels and capital
The company has close to 15 per cent of market share in the overall health insurance segment, including all general insurance players
V Jagannathan, chairman & CEO of Star Health, tells T E Narasimhan how the pandemic is changing the face of health insurance
The cases of coronavirus are increasing rapidly across the world with the count crossing 245,749 globally and 195 in India
The green channel is an automatic system for speedy approval for certain categories of mergers and acquisitions
The company will be going through other regulatory approvals before going for the final approval, said a senior management official
Investors pick up minority stake in the stand-alone health insurance firm
Star Health and Allied Insurance and IndiaFirst Life Insurance have collaborated to launch Star First Combi Plans. These will be a combination of health and life insurance plans.The Star First Combi Plans are a suite of five plans that provide unique combined benefits of health and life cover under a single offering. The key features include life cover for the policyholder along with a health cover (for self as well as family).
Interview with Chairman and MD, Star Health and Allied Insurance