Care Ratings Limited reaffirmed credit ratings for Medi Assist Insurance TPA Private Limited's ₹246 crore banking facilities, maintaining CARE AA-; Stable rating. The reaffirmation reflects strong parentage support, market leadership in TPA industry, and strategic acquisition of Paramount TPA for ₹412 crore in July 2025. Despite margin pressures from increased operational costs, the company maintains strong liquidity position and market share of ~21.3% in health insurance premiums under management.
Care Ratings Reaffirms Credit Rating for Medi Assist Healthcare Subsidiary's Banking Facilities
