ICICI Lombard General Insurance Company Limited — Important, 06-06-2025: Updates

ICICI Lombard has announced a board meeting to review the financial results for the quarter and half-year. Gross Direct Premium Income grew 8.3% to ₹268.33 billion, with a 19.1% return on average equity and a strong solvency ratio of 2.69x. The company leads India’s EV insurance market with ~24% share in private cars and 32% in two-wheelers. ESG efforts include green bond investments, 38% renewable electricity use, and digital innovations boosting claims efficiency. Employee diversity improved to 26% women, alongside impactful CSR programs reaching over 3 million lives.