ICICI Lombard General Insurance Company Limited — PPTs, 15-04-2025: Investor Presentation

**Press Release Summary:**

ICICI Lombard General Insurance Company reported a Gross Direct Premium Income (GDPI) of ₹268.33 billion for the financial year 2025, marking an 8.3% growth compared to ₹247.76 billion in FY2024, outperforming industry growth of 6.2%. Adjusted for changes in accounting norms, GDPI growth was 11.0%. The combined ratio improved to 102.8% from 103.3%, reflecting better operational efficiency. Profit before tax rose by 30.0% to ₹33.21 billion, while profit after tax grew by 30.7% to ₹25.08 billion for FY2025. However, Q4 FY2025 saw a slight decline in profit metrics, with profit before tax at ₹6.68 billion and profit after tax at ₹5.10 billion, down 4.2% and 1.9% respectively. The board has proposed a final dividend of ₹7.00 per share, leading to a total dividend of ₹12.50 per share for the fiscal year. Notably, the solvency ratio strengthened to 2.69x, well above the regulatory minimum. The company continues to maintain a positive outlook driven by its strong market position and diversified product offerings.

**Investor Presentation Summary:**

1. **Financial Highlights:** FY2025 GDPI reached ₹268.33 billion, up 8.3% YOY, and profit before tax increased by 30% to ₹33.21 billion. The overall combined ratio improved to 102.8%.

2. **Strategic Initiatives and Growth Drivers:** ICICI Lombard plans to enhance penetration in Tier 3 and Tier 4 cities while leveraging AI and ML for better customer engagement and operational efficiency.

3. **Business Developments:** The company launched several digital initiatives, including improvements in the IL TakeCare app, which now has over 14.9 million downloads, reflecting its commitment to technology-led growth.

4. **Market Position and Competitive Advantage:** ICICI Lombard dominates the private general insurance sector, maintaining an 8.7% market share in GDPI for FY2025, supported by a comprehensive and diverse product portfolio.

5. **Investor Implications:** The company's robust performance and strategic growth initiatives present significant investment opportunities, although market fluctuations and competitive pressures should be monitored closely.