Care Health Insurance, earlier known as Religare Health Insurance, started in 2012. It operates under Religare Enterprises Limited and provides a wide range of health insurance services to individuals and corporates. It is backed by three main shareholders which include Religare Enterprises, Union Bank of India, and Corporation Bank. Care Health offers various products such as health insurance, critical illness cover, accident insurance, top-up plans, maternity insurance, and international travel coverage. It also serves group health insurance for companies. As of financial year 2023, Care Health is the second-largest standalone health insurer in India and ranks fourth in the retail health insurance market overall. Between 2018 and 2023, its overall market share increased from 2.5 percent to 5.3 percent, retail health share rose from 4 percent to 7.7 percent, and group health share went from 1.7 percent to 4.3 percent. This growth has been driven by a compound annual growth rate of 3...