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Health insurer, Star Health and Allied Insurance on Wednesday said it expects to garner Rs 850 crore premium from the retail segment in this fiscal.
“The company has collected Rs 503 crore from retail segment last fiscal. We are aiming at Rs 850 crore during the current financial year,” said Anand Roy, Vice-President, Star Health and Allied Insurance.
Besides, the company aims to collect Rs 150 crore from the corporate segment especially from the government health insurance scheme like Rashtriya Swasthya Bima Yojna.
Roy also said that the company expects to break even during the current fiscal.
Asked if the company will list on bourses, “whenever the regulator allows, we will explore the possibility of issuing public offer” he said.
Meanwhile, the company launched two products the Star Comprehensive and Star Family Delite.
Giving details of the products, he said the Star Comprehensive comes with no room rent capping, no disease wise limits and includes hospital cash benefit and new born baby cover.
“Star Family Delite covers in-patient hospitalisation expenses. It also covers pre and post hospitalisation expenses...,” he added.
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