Page 4 - Icici Lombard

ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income

The gross direct premium income by the insurer during the period was Rs 5,370 crore, up 28.2 per cent from the year-ago period

Stocks to watch: Bajaj Auto, TVS Motor, Tata Steel, Cipla, JSW Steel, FRL

Stocks to watch today: Bajaj Auto approved buyback of shares worth up to Rs 2,500 crore; Moody's upgraded Tata Steel's outlook to 'positive' from 'stable'

ICICI Lombard to settle claims of up to Rs 5 lakh by MSMEs within 10 days

This facility will empower MSMEs to manage unwarranted situations arising from any mishaps

ICICI Lombard slips 5%; stock hits lowest level since May 2020

Muted business growth in two years coupled with higher claims led by covid-19 resulted in the recent underperformance.

Irdai sets up committees through GIC to suggest industry overhaul

These panels have been formed to look into areas of regulation, products, distribution, finance, health, finance, taxation, ease of doing business, among others

ICICI Lombard net profit falls 9.5% in Q4, blames Covid and accounting rule

The company has proposed a dividend of Rs 5 per equity share for the financial year ended March 31, 2022

Tata AIG, ICICI Lombard join race to buy insurance units of Reliance Cap

Parties can either bid to buy the entire company or any one or more of its eight clusters.

Insurance Gazette: What lies ahead of insurers in post-pandemic world

Having emerged from the pandemic largely unscathed, the sector is set to benefit from an unprecedented pick-up in demand. Where it goes from here, however, depends on its ability to innovate

If claim spike sustains, it'll have repercussions: ICICI Lombard MD & CEO

For corporate policies, we have taken some price increases, says Bhargav Dasgupta

ICICI Lombard reports marginal increase in net profit at Rs 446 cr in Q2

As the company has merged Bharti Axa General Insurance business with itself, the numbers are not comparable with the previous year's numbers

Stocks to watch: Srei Infra, ICICI Lombard, HFCL, Rail Vikas, Paras Defence

Realty firm Macrotech Developers on Monday said properties worth Rs 1,100 crore were sold last month in one of its projects in London and it expects to sell all inventories before 2023-24 fiscal year

ICICI Lombard ceases to be ICICI Bank subsidiary post Bharti AXA merger

ICICI Bank on Thursday said ICICI Lombard General Insurance has ceased to be its subsidiary, as shareholding of the bank has come down to 48 per cent after the merger of Bharti AXA with the insurer.

Stocks to watch: RIL, ICICI Lombard, PNB, DRL, Barbeque Nation, NTPC, HFCL

JSPL expects to conclude the deal to sell its 96.42 per cent stake in its arm Jindal Power for Rs 7,401 crore to a promoters-owned firm Worldone by this year end

ICICI Lombard, SVAAS Wellness tie up for cashless outpatient services

It is a first-of-its-kind integrated and cashless digital health solution in India, the statement said

Covid-19 impact: ICICI Lombard net profit falls 62% in April-June quarter

In the April-June quarter, the insurer posted an underwriting loss of Rs 508.16 crore against an underwriting profit of Rs 38.16 crore in the year-ago period.

ICICI Lombard first quarter net slumps 62% to Rs 152 cr on Covid impact

Gross direct premium income grew to Rs 3,733 crore in the reporting period, up 13 per cent over Rs 3,302 crore a year ago, which ICICI Lombard said was in line with the industry growth level.

ICICI Lombard says AI service helped it improve policy sale, claims

Response time to customer request reduced from 12 hours to 2 hours, says insurer

ICICI Lombard to give up to 2-month advance pay to Covid positive employees

The individual can pay back the advance in 6 or 12 monthly instalments at a later date

ICICI Lombard: Leadership position supersedes other issues for investors

Higher investment gains continue to compensate for underwriting losses; improving product mix is positive

ICICI Lombard partners with Flipkart to offer 'Hospicash' benefit

Flipkart has partnered with ICICI Lombard to offer 'Group SafeGuard' insurance, a group insurance policy to its consumers