In FY18, the largest general insurer’s health-loss ratio had come down to 103% from 114%. “We will be bringing down the health-loss ratio. The company’s health insurance portfolio consists of retail (30%), group health (60%) and government businesses (10%). “The group health insurance is a major area of concern where we have done a substantial repricing this year. Health Insurance India TPA is co-promoted by four state-run general insurers and GIC RE.

Source: Mint May 27, 2018 16:30 UTC