Key Points
V Jagannathan, the founder of Star Health and Allied Insurance, is reportedly engaged in discussions with the TVS Group for equity participation in his new health insurance venture...
According to a TOI report, the 79-year-old entrepreneur, who exited Star Health, has decided to start a new company in the health insurance sector, along with former Star Health CEO Dr S Prakash..
Jagannathan established Star Health and Allied Insurance following his retirement as the chairman of United India Insurance...
It is anticipated that total health insurance premiums will surpass Rs 1 lakh crore in the current financial year, a notable increase from the Rs 90,667 crore recorded last year...
Given the robust growth witnessed in the health insurance segment, several industry participants are exploring the possibility of establishing standalone health insurance companies to capitalize on this burgeoning market...
