ICICI Lombard General Insurance Company540716General insurance
ICICI Lombard's quarterly preview shows gross written premium growth but net premium decline due to higher provisioning
By ScoutQuest · · 1 min read
- Gross written premium
- 7487 crore rupees
- Net premium
- 5940 crore rupees
Heard on business television between 07:50:22 - 07:53:22 IST.
- Gross written premium expected at 7487 crore rupees.
- Net premium expected at 5940 crore rupees, likely to decline because of higher provisioning.
- Loss ratio expected to improve due to better underwriting performance.
- Combined ratio expected to rise, which was described as a negative that should ideally go down.
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