'ICICI Lombard General Insurance Company conducted a conference call on 15 July 2025 to discuss its financial results for the quarter ended June 2025. Sanjeev Mantri, MD&CEO
of the company addressed the call:
Highlights:
The company GDPI registered a
growth of 0.6% as against the industry growth of 8.8% for Q1FY2026. Excluding
Crop and Mass Health, the growth was at 3.4% compared to the industry growth of
11.1% for Q1FY2026. GDPI growth during the quarter was primarily driven by
growth in the preferred segments.
In the Commercial lines
segment, growth stood at 6.8% for Q1FY2026 as against the industry growth of
13.0%. Whilst the industry has seen an improvement in pricing at an overall
level, however there have been different levels of price action within sub
categories of Commercial lines. The company has maintained leadership position
in the Engineering and Marine Cargo lines of business.
In the Motor segment, growth
...
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