ICICI Lombard General Insurance Company Limited has informed the Exchange about Transcript
ICICIGI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICICI Lombard reported 7.0% GDPI growth for FY2026 (below industry 9.2%), but accelerated to 18.2% in Q4 FY2026. PAT grew 10.5% to ₹27.72 billion on 1/n basis, with ROAE at 17.8%. Health segment was star performer with 20% growth (retail health surged 51%), while Motor grew 7.6% and Commercial Lines lagged at 5.4% due to selective underwriting amid pricing pressure. Combined ratio stood at 103.4% (1/n basis). Management guided Motor TP loss ratio range of 65-67%, noted industry Motor combined ratio elevated at 128.1%, and expects 300-450 bps improvement in combined ratio upon Ind AS adoption. Proposed dividend is ₹13.50 per share. Solvency ratio comfortable at 2.67x.
The company is prioritizing profitable growth over market share in stressed segments like Motor and Commercial Lines. Strong Health performance and improving Motor momentum in H2 signal better times ahead, but elevated industry loss ratios and soft reinsurance renewals warrant caution.