Fast settlements, expanding network to keep Indian insurer Niva Bupa ahead of industry, broker says

Niva Bupa Health Insurance

23/04/2025 07:39

** Shares of Indian health insurer Niva Bupa NIVA.NS jump ~6% to 82 rupees

** Co's focus on retail customers (which forms 68% of its topline) with hospital network expansion, faster claim settlement process will help it grow "faster" than industry - Motilal Oswal

** Brokerage starts coverage with "buy", in-line with NIVA's average rating; its TP of 100 rupees is highest among the three analysts currently rating the stock - LSEG data

** Niva Bupa's insurance claim settlement track record "one of the best" in the industry, which, with digital efforts to improve customer service, will attract tech-savvy clients - brokerage

** Day's move trims stock's YTD losses to ~3%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))