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Home » News » ICICI Lombard General Insurance Q4 net falls 1.9% on muted growth in gross premium

ICICI Lombard General Insurance Q4 net falls 1.9% on muted growth in gross premium

Jessica BrownBy Jessica Brown Business
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Its solvency ratio was 2.69x as of March 31, 2025 compared to 2.62x such as March 31, 2024 and higher than the minimum regulatory requirement of 1.50x.

Its solvency ratio was 2.69x as of March 31, 2025 compared to 2.62x such as March 31, 2024 and higher than the minimum regulatory requirement of 1.50x. | Photo credit: Reuters

ICICI Lombard General Insurance on Tuesday reported a year -on -year fall of 1.9 percent in its net gain to ₹ 509.59 crore the quarter in fiscal year 2015 compared to ₹ 519.50 million rupees in the period of the previous year, period.

The company’s direct premium income from the company that rotates Q4Fy25 Grw 2.3 percent year -on -year to ₹ 6,211 million rupees compared to ₹ 6,073 million rupees in the corresponding period of Q4Fy24. Duration The period under review, the written net premium registered a growth of 14.97 percent year -on -year to ₹ 5,481.03 million rupees, agreed to the presentation of the company’s stock exchange.

Its solvency ratio was 2.69x as of March 31, 2025 compared to 2.62x such as March 31, 2024 and higher than the minimum regulatory requirement of 1.50x. The expenses of the management quarter (EOM) in fiscal year 2015 were 32.8 percent compared to 32.9 percent in the same period in the previous prosecutor.

Car insurance

The combined relationship was 102.5 percent in Q4Fy25 compared to 102.3 percent in Q4Fy24.

For fiscal year 2015, the gross direct premium income was ₹ 26,833 million rupees compared to ₹ 24,776 million rupees for fiscal year 2014, publishing growth or 8.3 percent year -on -year. The combined relationship was 102.8 percent of the last tax compared to 103.3 percent of the previous fiscal year.

Icici Lombard said that its participation in the car insurance market was 10.8 percent for fiscal year2025, which increased from 10.5 percent for fiscal year 2014.

The company’s board of directors proposes a final dividend or ₹ 7 per action for the last fiscal year. “Payment is subject to the shareholders approach at the company’s annual general meeting. The General Dividend for Fiscal Year 200

Posted on April 15, 2025

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