Care Health Insurance (Religare)

(i) Care Health (Previously Religare Health) Insurance, the health insurance arm of Religare Enterprises Limited (REL), is a specialized Health Insurer offering health insurance services to employees of corporates, individual customers, and financial inclusion as well. RHI commenced business in 2012 and currently has three major shareholders – Religare Enterprises Limited, Union Bank of India and Corporation Bank.

(ii) Care Health (Previously Religare Health) Insurance currently offers products in the retail segment for Health Insurance, Critical Illness, Personal Accident, Top-up Coverage, International Travel Insurance and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates.

(iii) Care Health Insurance (CARE) has solidified its position as a significant player in India's health insurance sector. For FY23, CARE stood as the second-largest Standalone Health Insurer (SAHI) and the eighth-largest overall in the Indian health insurance market. Notably, in the retail health segment, CARE ranks as the fourth-largest overall and the second-largest among SAHIs.