Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status

ICICI Lombard General Insurance Co., a unit of India’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the planned release.

The worker, who broadcast the information after market hours on Friday, deleted the “status” within an hour, the ICICI Bank Ltd. unit said in a filing to the stock exchange. ICICI Lombard said it has started an internal inquiry, as per rules of India’s securities market regulator.