ICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs 403 crore, hit by large fire claims and the Supreme Court's Motor TP verdict. While gross premium income rose 7.5% to Rs 8,318 crore, the combined ratio worsened to 107.2% from 102.9% a year ago.

ICICI Lombard reported a dramatic forty-six percent drop in profit for the first quarter, attributed to a downturn in commercial insurance and heightened claims payments. Despite…

The insurer’s net profit for the first quarter last fiscal stood at ₹747.08 crore. During Q1FY27, its net premium underwritten rose 17.70 per cent year-on-year at ₹6,603.73 crore…

MUMBAI: ICICI Lombard General Insurance reported a net profit of Rs 403 crore for Q1 FY2027, marking a sharp decline of 46.0% compared to Rs 747 crore in the corresponding…

ICICI Lombard's net profit fell 46 per cent in the June quarter. This decline resulted from two large fire insurance claims. A Supreme Court judgment also impacted its motor…

Brokerages cut target prices amid concerns over earnings outlook