Star Health CFO Nilesh Kambli says insurance distribution rule changes not to cause much disruption

Resumen del corpus

Nilesh Kambli, CFO of Star Health, stated that proposed changes to insurance distribution rules are positive for the industry, particularly for proprietary channels, and that Star Health does not foresee significant disruption. He indicated that many group health insurance businesses might shift to the retail bancassurance channel if the proposed changes affect distribution economics. Kambli emphasized that the industry is expected to grow, and the regulator's goal of ensuring product affordability should be met through these distribution adjustments.