Premium income to rise 15%, combined ratio to be elevated

Premium income to rise 15%, combined ratio to be elevated

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ICICI Lombard General Insurance on January 16 is likely to report a net profit of Rs 507 crore for the October-December 2023 quarter, up 44 percent year-on-year. This will come on the back of 15 percent YoY growth in net earned premium to Rs 4,376 crore, as per a poll of brokerages.
Net earned premium is the…
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Source: https://www.moneycontrol.com/news/business/earnings/icici-lombard-q3-preview-premium-income-to-rise-15-combined-ratio-to-be-elevated-12052561.html/amp