Indian health insurers are facing challenges. Rising medical costs and claims are impacting their profitability. New India Assurance, ICICI Lombard, and Star Health reported increased loss ratios. Medical inflation is a key concern. Public sector insurers face higher claims due to older policyholders. Niva Bupa also experienced a rise in loss ratio. The health segment dominates the general insurance industry.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets