ICICI Lombard Q2 Profit Rises 27.5% to Rs 1,031 Crore
ICICI Lombard General Insurance reported a 27.5% year-on-year increase in Q2 FY27 profit after tax to Rs 1,031 crore. Premium growth lagged the industry and the combined ratio deteriorated amid higher catastrophe losses.
ICICI Lombard General Insurance reported a 27.5 per cent year-on-year rise in profit after tax to Rs 1,031 crore in Q2 FY27, even as premium growth remained below the industry and its combined ratio deteriorated amid higher catastrophe losses.Gross Direct Premium Income (GDPI) increased just 3 per…