Page 6 - Icici Lombard General Insurance

Private insurance firms make windfall from Railways' insurance scheme

Private insurance companies received a premium of around Rs 46 crore in the last two years from railway and its passengers while making a payout of only Rs seven crore in claims under the national transporter's travel insurance scheme, an RTI has found. IRCTC, which is a wholly owned undertaking of the Ministry of Railways, has entered into an agreement with three private insurance companies through limited tender - Shriram General Insurance Company Ltd, ICICI Lombard General Insurance Company Ltd and Royal Sundaram General Insurance Company Ltd for its Optional Travel Insurance Scheme which was launched in September 2016 with a premium of Rs 0.92 per passenger. This facility is for confirmed/RAC railway passengers who booked e-ticket through the official website of Indian Railway Catering & Tourism Corporation (IRCTC). Under the scheme, a sum assured is paid to the victim/family or legal heir of the victim as the case may be in case of death/injury of reserved passengers due to ..

ICICI Lombard registers 25.9% growth in gross direct premiums in Q3FY19

Profit after tax of the company grew by 3.2 per cent in the third quarter of FY19 from Rs 232 crore to Rs 239 crore

ICICI Lombard nears 52-week high; stock up 14% in a week

The stock was up 2% at Rs 912 on the BSE in an otherwise weak market, trading close to its 52-week high of Rs 936 touched on September 17, 2018, in intra-day trade.

ICICI Lombard General Insurance Q1 net profit rises 35% to Rs 2.89 billion

The firm has improved its combined ratio driven by lower loss and expenses ratio

ICICI Lombard surges over 10% in two days post Q3 results

The stock hit highest level since its listing on September 2017 to Rs 872, up 7%, extending its previous day's 3.8% gain on BSE

ICICI Lombard General Insurance Q2 profit rises 19% to Rs 204 cr

ICICI Lombard approved payment of second interim dividend of Re 0.75 per equity share of face value of Rs 10 each

ICICI Lombard General Insurance ends 3% higher against issue price

ICICI Lombard listed at Rs 650, a 2% below against its initial public offer price of Rs 661 per share on the BSE

ICICI Lombard to make market debut today

The insurer had fixed the price band at Rs 651-661 per share for the Rs 5,700-crore IPO

ICICI Lombard's 2-wheeler policy reaches milestone

The product allows two wheeler owners to purchase a policy with a longer duration cover of two or three years