Star Health

Near-term support for the Nifty is now established around 24,900, while the level of 25,220 is expected to offer immediate resistance, HDFC Securities' Vinay Rajani said

The Association of Healthcare Providers of India (AHPI) and the Star Health and Allied Insurance Company on Sunday said they have mutually decided to restore cashless services at AHPI member hospitals effective October 10. It was also agreed that the parties will make all efforts to ensure that the other outstanding issues, including tariff revisions, are resolved by October 31, a joint statement said. To prevent similar incidents in future and to protect customer interests, the AHPI will help form a group of industry leaders who will collaborate with the key insurers to reach an industry-level agreement, it said. This decision has been taken in the interest of the patients and the policyholders to ensure that they continue to receive timely, hassle-free access to healthcare services without financial distress, it added.

In a strongly worded communication sent to the insurer, AHPI flagged long-standing grievances, including the refusal to revise hospital tariffs in line with rising healthcare costs

While the market was anticipating a cut in GST rates for term and health policies, analysts at JM Financial said, the exemption on savings-oriented life products came as a positive surprise.

Star Health & Allied Insurance reports a 17.7% YoY decline in Q1 FY26 profit, but a 44% rise in profit as per IFRS. Gross Written Premium (GWP) grows by 13% YoY, with a 25% increase in retail premiums

Hong Kong-based WFM Asia on Wednesday divested a 2.84 per cent stake in Star Health and Allied Insurance Company for nearly Rs 701 crore through an open market transaction. Hedge fund manager WFM Asia, through its affiliate WF Asian Smaller Companies Fund, offloaded more than 1.66 crore equity shares or 2.84 per cent stake in Star Health and Allied Insurance Company, as per the bulk deal data on the NSE. The shares were disposed of at an average price of Rs 420.03 apiece, taking the deal value to Rs 700.86 crore. At the end of the March quarter, WFM Asia, through its arms WF Asian Reconnaissance Fund and WF Asian Smaller Companies Fund, owned a 3.48 per cent stake in Chennai-based Star Health and Allied Insurance. Meanwhile, SBI Mutual Fund acquired over 1.64 crore shares, representing a 2.8 per cent stake in Star Health for nearly Rs 690 crore. Shares were purchased at an average price of Rs 420 per piece. Details of other buyers of Star Health and Allied Insurance Company's sha

The hacker behind Star Health's data breach says they sent bullets and threats to top executives over denied claims

Technically, this Rakesh Jhunjhunwala-backed stock is seen headed towards its monthly trend line support; break of the same can invite a further fall at the counter. Check key levels here.

The fall in insurer's share price came after the company announced that the Insurance Regulatory and Development Authority of India (Irdai) has issued a show cause notice for violating norms

Previously, Star Health and Allied Insurance had to launch a forensic investigation, led by independent cybersecurity experts, into a cyberattack it was subjected to

Plan allows customers to make multiple claims within same policy year

Star Health and Allied Insurance Company shares hit a 52-week low of Rs 463, down 4% in intra-day deal and trading near its all-time low of Rs 451.10 hit on January 30, 2023.

In August, Star Health faced a data leak, where stolen customer data including medical reports, were publicly accessible via chatbots on messaging app Telegram and through websites

Telegram said it was unable to search for leaks on its own but agreed to delete the data if the insurer helped

The company, whose shares have declined 11 per cent, has launched internal investigations and has taken legal action against Telegram and the hacker

Messaging app Telegram has taken decisive action against bots that were reported for sharing sensitive data related to Star Health and Allied Insurance Company, and is actively keeping an eye on their re-emergence, a company statement said. "The bots reported to Telegram for sharing Star Health data were immediately removed and moderators are monitoring to prevent them from being recreated. The sharing of private information on Telegram is expressly forbidden and such content is deleted whenever it is found," the statement said. Last month, Star Health had sent a legal notice to Telegram, accusing it of hosting chatbots that shared the leaked data, the statement said, adding that Telegram has consistently maintained its stance on data privacy and cooperation with the investigation. Telegram, in a note titled "Is blaming the Intermediary the new norm in Data Breach Incidents?", said it is becoming increasingly clear that Star Health may have tried to pass the buck to Telegram and ...

Investigation comes after the hacker, an individual dubbed xenZen, publicly asserted on his website that the executive had 'sold all this data to me'

While it's unclear if the website was made by the same individual Star Health sued, the hacker claims that a senior Star Health official sold the data and later tried to renegotiate terms

Star also sued Telegram and hacker xenZen, after it was reported that sensitive personal data, from numbers to copies of identity cards and blood reports of customers, were publicly accessible

Star Health has sued Telegram and a hacker for leaking sensitive data via chatbots on the platform, which has recently been under increased scanner for its policies