ICICI Lombard General Insurance Company Limited — Investor Meet, 20-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

ICICI Lombard posted H1 FY2026 PAT up 22.9% to ₹1,567 Cr, with GDPI (ex-Crop/Mass Health) growing 3.5%. Combined Ratio stood at 104.0%, and ROAE was 20.8%. The company declared an interim dividend of ₹6.50/share.

Management is optimistic on demand post-GST reforms, foreseeing strong H2 momentum in Health and Auto, targeting market share gains. Retail Health business grew 25.2%, significantly above industry. Focus areas include prudent underwriting, efficient claims, and customer service. The overall sentiment is confident for future growth, aiming to sustain 18-20% ROAE amidst competitive markets.