'ICICI Lombard General Insurance Company conducted a conference call on 15 April 2025 to discuss its financial results for the quarter ended March 2025. Sanjeev Mantri, MD&CEO of the
company addressed the call:
Highlights:
The Company’s GDPI increased 8.0% for Q4FY2025 and 11.0% for FY2025 on ‘n’ basis. With the 1/n accounting norm, for Q4FY2025, the Company registered a growth of 2.3% as against the industry growth of 1.7%. And for FY2025, the company registered a growth of 8.3% as against the industry growth of 6.2%.
In the commercial lines segment grew 2.8% in Q4FY2025 as against the industry de-growth of 1.2%. For FY2025, the company grew 2.1% as against industry growth of 1.5%, thereby maintaining market share.
This indicates the strength of brand, relationship and service quality in an environment where the industry faced continued pricing pressure throughout the year.
In the fire segment, the company grew in l...
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