ICICI Lombard General Insurance Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 18, 2023 at 09:53 am EDT
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ICICI Lombard General Insurance Company Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported net income was INR 5,772.7 million compared to INR 5,905.3 million a year ago. Basic earnings per share from continuing operations was INR 11.75 compared to INR 12.03 a year ago. Diluted earnings per share from continuing operations was INR 11.7 compared to INR 12 a year ago.
For the six months, net income was INR 9,676.3 million compared to INR 9,395.6 million a year ago. Basic earnings per share from continuing operations was INR 19.7 compared to INR 19.14 a year ago. Diluted earnings per share from continuing operations was INR 19.64 compared to INR 19.1 a year ago.
ICICI Lombard General Insurance Company Limited is an India-based general insurance company. The Company offers a comprehensive and diversified range of products through multiple distribution channels, including motor, health, crop, fire, personal accident, marine, engineering, and liability insurance. Its segments include Fire, Marine, Health including Personal Accident, Miscellaneous, Crop Insurance and Motor. Its Health including Personal Accident segment includes health retail, health group corporate and health government business. Its Miscellaneous segment includes miscellaneous retail and miscellaneous group corporate business. Its motor insurance includes car insurance, bike insurance and motor floater. Its health insurance includes Health AdvantEdge, MaxProtect, health booster, personal protect, Arogya Sanjeevani Policy, Saral Suraksha Bima and others. Its other insurances include crop insurance, NRI insurance, cyber insurance, ICICI Bharat Griha Raksha Policy and others.
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 
