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August 28, 2015 1:56 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. The company’s products include business solutions, such as burglary, industrial all risk, all risk, consequential loss, electronic equipment, fidelity, fire and special perils, tea crop, marine export import, machinery, boiler, and inland transit insurance; and project solutions, including contractors’ all risk, contractors’ plant and machinery, erection all risk, and performance guarantee insurance solutions. Its products also comprise liability solutions comprising director’s and officers liability, event insurance, product liability, public liability, workmen’s compensation, ...

ICICI Lombard House

414, Veer Savarkar Marg

Near Siddhi Vinayak Temple

Prabhadevi

Mumbai,  400025

India

Founded in 2000

7,736 Employees

Phone:

91 40 6627 4700

Fax:

91 22 6196 1323

Key Executives for ICICI Lombard General Insurance Company Limited

Chief Executive Officer, Managing Director, Director, Member of Policyholder Protection Committee, Member of Investment Committee, Member of Risk Management Committee and Member of Corporate Social Responsibility Committee
Age: 49
Chief Financial Officer, Chief Risk Officer and Member of Investment Committee
Head of Operations, Technology and Telesales
Chief Marketing Officer of Wholesale and Executive Director
Age: 57
Head of Government Department
Age: 57
Compensation as of Fiscal Year 2015.

ICICI Lombard General Insurance Company Limited Key Developments

ICICI Lombard General Insurance Company Reports Earnings Results for the First Quarter of 2016

ICICI Lombard General Insurance Company reported earnings results for the first quarter of 2016. For the quarter, the company’s gross written premium increased by 15% from INR 18,470 million in the first quarter of 2015 to INR 21,220 million in the first quarter of 2016. Profit after tax increased by 61% from INR 720 million in the first quarter of 2015 to INR 1,160 in the first quarter of 2016.

ICICI Lombard General Insurance Company Limited Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

ICICI Prudential Life Insurance Company Ltd. reported unaudited earnings results for the fourth quarter and full year ended March 31, 2015. The company reported the gross premium income of INR 69.14 billion ($ 1.1 billion) in the fiscal year 2015 compared to INR 71.34 billion ($1.1 billion) in the fiscal 2014. The company's profit before tax increased by 33% to INR 6.91 billion ($ 144 million) in the fiscal year 2015 from INR 5.2 billion ($ 83 million) in the fiscal 2014. The company's profit after tax increased to INR 5.36 billion ($86 million) in the fiscal year 2015 from INR 5.11 billion ($ 82 million) in the fiscal year 2014. Revenue was INR 58.8049 billion against INR 57.122 billion a year ago. Profit before tax and minority interest was INR 6.9072 billion against INR 5.2024 billion a year ago. For the quarter, the company reported profit before tax and minority interest of INR 1.6276 billion against INR 0.7238 billion a year ago. Revenue was INR 15.089 billion against INR 14.3774 billion a year ago.

ICICI Lombard General Insurance Company Limited Reports Earnings Results for the Third Quarter Ended December 31, 2014

ICICI Lombard General Insurance Company Limited reported earnings results for the third quarter ended December 31, 2014. For the quarter, the gross premium income was INR 17,080 million from INR 17,380 million a year ago. Profit after tax was INR 1,760 million as compared to INR 760 million a year ago.

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