October 20, 2017 12:34 PM ET

Insurance

Company Overview of ICICI Lombard General Insurance Company Limited

Company Overview

ICICI Lombard General Insurance Company Limited provides various general insurance products and services in India. It offers fire, engineering, hull, aviation, motor, casualty, health, travel, energy, personal accident, marine, liability, home, rural, and credit insurance products and services. The company also provides reinsurance, insurance claims management, and investment management services. It serves conglomerates, small and medium enterprises, state and central governments or government-owned enterprises, rural customers, and individual customers through various channels, such as agents, brokers, bancassurance, telesales, direct alliances, and online platforms. The company was incorpo...

Tower B

15th Floor

Peninsula Business Park

Lower Parel

Mumbai,  400013

India

Founded in 2000

6,460 Employees

Phone:

91 22 6196 1100

Fax:

91 22 6196 1323

Key Executives for ICICI Lombard General Insurance Company Limited

MD, CEO & Director
Age: 51
Total Annual Compensation: 58.6M
CFO & Chief Risk Officer
Age: 41
Total Annual Compensation: 18.1M
Chief Marketing Officer of Retail & Executive Director
Age: 46
Total Annual Compensation: 29.8M
Chief Marketing Officer of Wholesale & Executive Director
Age: 50
Total Annual Compensation: 29.1M
VP of Secretarial & Taxation, Compliance Officer and Company Secretary
Age: 46
Total Annual Compensation: 6.0M
Compensation as of Fiscal Year 2017.

ICICI Lombard General Insurance Company Limited Key Developments

ICICI Lombard General Insurance Company Limited Reports Audited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2017

ICICI Lombard General Insurance Company Limited reported audited standalone earnings results for the second quarter and six months ended September 30, 2017. For the quarter the company reported gross written premium of INR 32,341.9 million compared to INR 27,526.6 million a year ago. Net premium written was INR 19,446.1 million compared to INR 15,793.9 million a year ago. Profit before extraordinary items was INR 28,629 million compared to INR 24,389 million a year ago. Profit before tax was INR 28,629 million compared to INR 24,389 million a year ago. Profit after tax was INR 2,040.4 million compared to INR 1,709.5 million a year ago. Return on average equity was 20.2% compared to 20.0% in the second quarter of fiscal year 2017. For the six months the company reported gross written premium of INR 66,285.6 million compared to INR 57,074.6 million a year ago. Net premium written was INR 39,713.5 million compared to INR 34,002.4 million a year ago. Profit before extraordinary items was INR 5,867.1 million compared to INR 4,357.3 million a year ago. Profit before tax was INR 5,867.1 million compared to INR 4,357.3 million a year ago. Profit after tax was INR 4,181.5 million compared to INR 3,019.2 million a year ago. Return on average equity was 20.6% against 17.9% a year ago.

ICICI Lombard General Insurance Company Limited Announces Interim Dividend for the Second Quarter of Fiscal 2018

The board of directors of ICICI Lombard General Insurance Company Limited in the board meeting held on October 17, 2017 approved the payment of second interim dividend of INR 0.75 per equity share for the second quarter of 2018. The dividend will be paid to such members whose names shall appear in the company's register of members as on record date October 27, 2017.

ICICI Lombard General Insurance Company Limited, Q2 2018 Earnings Call, Oct 17, 2017

ICICI Lombard General Insurance Company Limited, Q2 2018 Earnings Call, Oct 17, 2017

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 27, 2017
--
Private Placement
January 11, 2017
FINO PayTech Limited
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