ICICI Lombard General Insurance Company Ltd.’s Q4 FY24 result print has been positive from the perspective of continued improvement in actual performance as well as outlook in all-important volume-profitability balance. This has been a developing trend over FY24 (also for the industry) and ICICI Lombard is likely to benefit from the same in FY25/26E. Numerically, this is evident from 17% YoY growth written premium growth and 115 basis points combined operating ratio improvement in FY24,…
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ICICI Lombard Q4 Results Review- Management Outlook Remains Buoyant On Growth, Profitability: ICICI Securities
