General Insurance

ICICI Lombard

What’s the news (14 Jan): Q3 profit declined (~9% YoY), while total income and net premium earned grew. Beginner learning: In insurance, profit can dip even when premiums rise due to claims ratio and pricing discipline. Track this: Combined ratio, loss ratio, renewal pricing, motor/health mix, investment income. Simple takeaway: Premium growth is good—profitability depends on claims + underwriting quality.