ICICI Lombard expects to outperform industry premium growth by 100-200 bps, driven by motor, health and commercial lines, says CFO
ICICI Lombard General Insurance recorded a 9.04 per cent year-on-year (Y-o-Y) drop in net profit to ₹659 crore in the October-December quarter of FY26 (Q3FY26), as compared to ₹724.38 crore in Q3 FY25
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The expenses of the insurer were up by 16.19 per cent YoY to Rs 6,039.06 crore in the quarter, while commissions rose by 15.5 per cent YoY to Rs 1,343.1 crore
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Motilal Oswal believes looking ahead, motor insurance's growth outlook remains constructive; brokerage's top pick in this space is ICICI Lombard General Insurance
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ICICI Lombard's combined ratio rose to 105.1 per cent, up 68 basis points Y-o-Y, though excluding catastrophe (CAT) losses, it stood at 103.8 per cent, according to Nuvama.
The combined ratio of ICICI Lombard stood at 105.1 per cent in Q2FY26 as against 104.5 per cent in Q2FY25
Q2FY26 company results: ICICI Lombard, Ireda, ICICI Prudential Life Insurance, and Leela Palaces Hotels & Resorts will also release their Sept quarter earnings reports today
ICICI Lombard, Care Health and Aditya Birla Health Insurance have lowered commission payouts on retail policies as GST on health premiums goes nil and ITC norms tighten
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ICICI Lombard share price rose 2 per cent on Wednesday, registering an intraday high at ₹2,044 per share on the National Stock Exchange (NSE) after posting Q1FY26 results; Brokerage view here
Trading strategies in ICICI Prudential, HDFC Life and ICICI Lombard post Q1 results: Technical charts show that ICICI Pru and ICICI Lombard are favourably placed, while HDFC Life looks tepid.
ICICI Lombard General Insurance on Tuesday reported 29 per cent growth in profit after tax at Rs 747 crore for the first quarter of the current fiscal. The private sector insurer had a profit after tax (PAT) of Rs 580 crore in the April-June period of 2024-25 fiscal year. Total income rose to Rs 6,083 crore during the June quarter FY26, from Rs 5,352 crore a year ago. Gross written premium was higher at Rs 8,053 crore as against Rs 7,931 crore in the year-ago period. Shares of ICICI Lombard closed at Rs 2,001.05, down 0.97 per cent over previous close on BSE.
Q1 FY26 company results: ICICI Prudential Life Insurance, HDB Financial Services, Bank of Maharashtra, Network 18 Media, set to release their earnings report for the April-June quarter
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ICICI Lombard was trading at ₹1,801.90, down 1.14 per cent from Friday's close of ₹1,822.60 on the National Stock Exchange