Niva Bupa Health Insurance Company Limited
Niva Bupa Health Insurance Ltd is Tech driven leading health insurer in India. Niva Bupa is the 3rd largest and the 2nd fastest growing standalone health insurer (SAHI) in India based on overall health gross direct premium income (GDPI)
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Niva Bupa Health Insurance Company Limited has informed the Exchange regarding Allotment of 4,11,000 Equity Shares.
Niva Bupa's Issuer Rating reaffirmed [ICRA]AAA (Stable), signaling strong financial health. Proposed subordinated debt issuance up to ₹500 Cr received an [ICRA]AA+(Stable) rating, facilitating future capital raising plans.
Niva Bupa Health Insurance's Issuer Rating is reaffirmed by ICRA at [ICRA]AAA (Stable) outlook. ICRA has also assigned a rating of [ICRA]AA+(Stable) to the company's proposed Subordinated Debt (NCDs) amounting up to ₹500 Cr. Both ratings carry a Stable outlook.
Niva Bupa Health Insurance Company Limited has informed the Exchange about receipt of the Order from the Insurance Regulatory and Development Authority of India