ICICI Lombard General Insurance Company Limited (ICICIGI) — corporate announcements
ICICI Lombard General Insurance Company Limited
$ICICIGI
ICICI Lombard General Insurance Co. Ltd is one of the leading and established private sector general insurance companies in India. It offers a well-diversified range of products and risk management solutions through multiple distribution channels.
ICICI Lombard's appeals against GST demand for FY18-19 were rejected, resulting in a confirmed aggregate demand of ₹3.45 Cr (including penalty). This amount is already reflected as a contingent liability. The company plans further legal action.
ICICI Lombard to participate in several institutional investor conferences by Elara, UBS, Jefferies, J.P. Morgan, and Anand Rathi. No unpublished price-sensitive information will be disclosed.
ICICI Lombard extended its participation at the Motilal Oswal Conference to include an additional day on August 18. This increases management's engagement with institutional investors; no price sensitive information will be shared.