Star Health And Allied Insurance Company Limited has informed the Exchange regarding a press release dated May 12, 2025, titled "Star Health Announces New Board Appointments".
STARHEALTH · price
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Awaiting price reaction for this filing.
Star Health has elevated two senior executives to its Board as Whole-time Directors and Key Managerial Personnel. Mr. Amitabh Jain, currently the Chief Operating Officer (with Star Health since 2023, ex-ICICI Lombard), and Mr. Himanshu Walia, Chief Marketing Officer (with Star Health since 2007, ex-ICICI Lombard and Tata AIG), will take on the new roles effective from the date of IRDAI approval. Both are internal promotions of existing leadership with over 20 years of industry experience each. The move is aimed at strengthening leadership depth and supporting future growth at India's largest retail health insurer, which reported FY25 gross written premium of Rs 17,553 crore and net worth of Rs 8,668 crore.
Positive — board-level recognition of two experienced internal leaders signals continuity and management stability for shareholders, though appointments remain pending IRDAI approval.