Star Health and Allied Insurance Co. Ltd. saw its general insurance premium decline 6% month-on-month (MoM) in August, according to provisional industry data.
The moderation in premium collections comes after a steady run in recent months, reflecting short-term volatility in renewals and policy issuance. Year-on-year (YoY) performance figures are awaited for a clearer trend analysis.
This is a developing story, and further updates will follow as more details emerge from regulatory filings and company disclosures.
