ICICI Lombard General Insurance Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 16, 2024 at 08:57 am EST
Share
ICICI Lombard General Insurance Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net income was INR 4,314.6 million compared to INR 3,525.3 million a year ago. Basic earnings per share from continuing operations was INR 8.78 compared to INR 7.18 a year ago. Diluted earnings per share from continuing operations was INR 8.73 compared to INR 7.17 a year ago.
For the nine months, net income was INR 13,990.9 million compared to INR 12,920.9 million a year ago. Basic earnings per share from continuing operations was INR 28.47 compared to INR 26.31 a year ago. Diluted earnings per share from continuing operations was INR 28.35 compared to INR 26.27 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 
