ICICI Lombard (ICICIGI) posted a strong Q4 FY26, with Gross Direct Premium Income (GDPI) jumping 18.2% to ₹7,340 Cr, outpacing industry growth.

For the full FY26, GDPI rose 7.0% to ₹28,712 Cr.

Profit After Tax (PAT) increased 7.3% in Q4 to ₹547 Cr and 10.5% for the full year to ₹2,772 Cr.

The combined ratio improved in Q4 to 101.2%. FY26 EPS stood at ₹55.74. The company's strategy leans on technology, evident in 99.6% digital policy issuance and improved customer engagement boosting renewals.

Retail Health saw robust 54% growth in FY26, driven by new customers post-GST reforms.

A final dividend of ₹7 per share is proposed, making the total FY26 dividend ₹13.50 per share.

Solvency remains healthy at 2.67x. Management sees India's significantly underpenetrated insurance market as a major growth opportunity, backed by prudent underwriting and a diversified distribution network.