Star Health and Allied Insurance Company Limited
Government Pension Fund Global (Norway) cut its stake in Star Health and Allied Insurance Company from 2.28% to 2.10%, selling 10,47,660 shares.
India's first standalone health insurance provider, Star Health operates as a pure-play health insurer offering comprehensive coverage for individuals, families, and groups across the country. The company specializes in retail health insurance products, including policies for critical illnesses, medical expenses, hospitalization, and long-term health needs. Its dedicated focus exclusively on health insurance, distinct from multi-line general insurers, positions it to serve the growing demand for specialized health coverage among India's expanding middle class and salaried workforce.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.