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Overseas travel insurance increases 76% post-pandemic: ICICI Lombard

by AIP Online Bureau | Aug 3, 2022 | Health, Indian News, Non-Life, Pandemic, Technology

Sanjeev Mantri, executive director, ICICI Lombard said, “Customers are increasingly cautious and seek adequate medical cover, including COVID-19 cover for overseas trips. The bulk of travel purchases always took place digitally, with the numbers now only increasing....
ICICI Gen’s net profit jumps 80% to Rs 349 crore in Q1FY2023

ICICI Gen’s net profit jumps 80% to Rs 349 crore in Q1FY2023

by AIP Online Bureau | Jul 19, 2022 | Indian News, Non-Life

It had a combined ratio of 104.1 per cent  in Q1 FY2023 as against 123.5 per cent  in Q1 FY2022 Its underwriting losses have fallen by almost 70 percent y-o-y to Rs 193 crore during the period Mumbai: With a major drop in its underwriting losses, ICICI Lombard General...

ICICI Lombard launches Professional Indemnity Insurance for doctors

by AIP Online Bureau | May 17, 2022 | Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits

Sanjeev Mantri, executive director, ICICI Lombard General Insurance said “Doctors and healthcare professionals are prone to uncertainties and risks while they are in the forefront to save lives. Error, omission, or at times unintentional negligence are a part and...
ICICI Lombard’s 2nd edition of Corporate India Risk Index witnesses a 9% jump

ICICI Lombard’s 2nd edition of Corporate India Risk Index witnesses a 9% jump

by AIP Online Bureau | Apr 4, 2022 | Indian News, Non-Life, Reinsurance, Risk Management

Bhargav Dasgupta, MD & CEO, ICICI Lombard General insurance The highest improvement was witnessed in the Transportation & Logistics sector, which has secured a score of 69, up from 47 in 2020. The sector bounced back post pandemic owing to new strategic...

ICICI Lombard and Airtel Payments Bank tie-up for Smartphone Insurance

by AIP Online Bureau | Mar 23, 2022 | Banking & Bancassurance, Indian News, Intermediaries, Non-Life

With a monthly premium starting at Rs 1299, customers can get an insurance sum that is equivalent to the purchase price of their smartphone. Customers can get this insurance on their own until ten days after purchasing a smartphone priced between Rs 10,000 to Rs...
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