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AM Best affirms credit ratings of ICICI Lombard General Insurance

AM Best affirms credit ratings of ICICI Lombard General Insurance

by AIP Online Bureau | Feb 28, 2025 | Indian News, Non-Life

Despite its lack of underwriting profitability, ICICI Lombard has consistently outperformed India’s general insurance market. Underwriting performance showed a slight improvement in fiscal year 2024, mainly due to lower claims for motor and health insurance, although...

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