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ICICI Lombard General Insurance Co. Ltd is one of the leading and established private sector general insurance companies in India. It offers a well-diversified range of products and risk management solutions through multiple distribution channels.
ICICI Lombard's appeals against GST demand for FY18-19 were rejected, resulting in a confirmed aggregate demand of ₹3.45 Cr (including penalty). This amount is already reflected as a contingent liability. The company plans further legal action.
ICICI Lombard notifies shareholders about the upcoming transfer of unclaimed FY2020 dividends and corresponding shares to the IEPF. Shareholders must claim their unclaimed dividends by updating bank details to avoid forfeiture.
ICICI Lombard General Insurance Company Limited has informed the Exchange regarding 'Press Release: ICICI Lombard launches 25 Innovations on its 25th Anniversary!'.
ICICI Lombard won appeals against earlier Service Tax demands of ₹54.78 Cr and ₹59.34 Cr, including interest and penalties. This outcome eliminates those financial implications and reduces the company's contingent liabilities.
ICICI Lombard's GDPI hit ₹28,712 Cr with 17.8% RoAE. Retail health market share grew to 4.1%; EV insurance hit 21.3% (cars) & 24.2% (2-wheelers). 99.6% of policies were digitally issued. The insurer expanded digital health & financial inclusion efforts while boosting renewable energy use to 41.2% this fiscal.