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ICICI Lombard loses over $980 million in value on persistent earnings worries

ICICI Lombard loses over $980 million in value on persistent earnings worries

by AIP Online Bureau | Jul 16, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy

A recent Indian Supreme Court ruling on motor accident compensation, coupled with pricing pressures, has raised the risk of further provisioning and earnings downgrades, analysts said. Mumbai:Shares of ICICI Lombard General Insurance logged their steepest fall in six...
ICICI Lombard Q1 PAT slumps 46% to Rs 403 crore on fire losses, Supreme Court Motor TP ruling

ICICI Lombard Q1 PAT slumps 46% to Rs 403 crore on fire losses, Supreme Court Motor TP ruling

by AIP Online Bureau | Jul 15, 2026 | Indian News, Non-Life, Reinsurance

Sanjeev Mantri, MD & CEO, ICICI Lombard General Insurance The company said the quarter’s combined ratio included the impact of two large fire losses amounting to Rs 63 crore, which added 1 percentage point to the ratio. In addition, a recent Supreme Court...
ICICI Lombard loses over $980 million in value on persistent earnings worries

ICICI Lombard exposes fraudulent claim in Assam accident case

by AIP Online Bureau | Jun 14, 2026 | Indian News, Non-Life

The final conclusion of SIT formed by Assam police confirms that the insured motorcycle was implanted to the incident to extract compensation by fraudulent means, which exposed a highly organized manipulation of accident records. Mumbai:In a significant development,...
ICICI Lombard loses over $980 million in value on persistent earnings worries

ICICI Lombard General launches roadside assistance promises

by AIP Online Bureau | May 21, 2026 | Briefs, Non-Life

ICICI Lombard General Insurance today launched Service Assure, a new commitment under its IL Smart Assist (Road Side Assistance) offering. A one-of-the-industry’s-first roadside assistance promises, Service Assure commits to reaching private car customers within 30...
ICICI Lombard loses over $980 million in value on persistent earnings worries

ICICI Lombard’s official accidently posts financial results of Dec quarter in WhatsApp

by AIP Online Bureau | Jan 10, 2026 | Indian News, Non-Life, Regulation

“Though this information is in draft form and subject to changes during the ongoing audit, as a precautionary measure and in compliance with good corporate governance practices, the Company is reporting this incident to the Stock Exchanges,” the statement...
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