India's ICICI Lombard General Insurance ​reported a 46% ​drop in first-quarter profit on Wednesday, hurt by ​weakness in the commercial insurance segment and a rise in claims paid.Profit after tax for the general insurer fell to ‌4.03 billion rupees ($41.87 ⁠million) ⁠for the three months ended June 30, from 7.47 billion ​rupees a year earlier.While analysts had predicted pricing pressure in ​commercial insurance - particularly the fire segment - as a drag, robust demand for retail health insurance following tax cuts and ​motor insurance backed by healthy vehicle ⁠sales provided ‌support.The commercial segment contracted 13.8%, primarily ​led ​by heightened competitive intensity in the fire ⁠segment, the company said.The company incurred two large fire ​insurance losses worth about 630 million rupees. ​It also took a 1.65 billion rupees charge to strengthen reserves for motor insurance claims following a Supreme Court ruling, without providing further details.Its claims paid rose nearly 21% to 35.16 billion rupees.ICICI Lombard's ‌retail health gross premiums rose 69.5% year-on-year. Motor insurance, the company's largest segment, grew 14% during ​the ​quarter.The insurer's combined ⁠ratio worsened to 107.2% from 101.2% in the previous quarter, meaning claims and expenses exceeded premium income. A reading below ​100% indicates underwriting profitability.Backed by ICICI Bank, one of India's largest private lenders, ICICI Lombard offers marine, crop and travel insurance, in addition to motor and health coverage.