# ICICI Lombard General Insurance Company (ICICIGI) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/icicigi

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,649
- Change: +1.79%
- As of: 2026-11-06
- 1D return: +1.79%
- 5D return: +4.31%
- 1M return: +1.54%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

ICICI General Insurance (ICICIGI) closed at ₹1,649.0 on 2026-11-06, marking a +1.8% daily gain after opening lower at ₹1,618.0. The technical setup is characterized by conflicting timeframes: the daily trend is bearish with price below the Supertrend and 200-period SMA, yet it remains above shorter-term averages (20/50 EMA/SMA). Momentum is weak across all horizons, with ADX readings of 19.96 (daily), 14.38 (weekly), and 16.03 (monthly), indicating a lack of strong directional conviction. Price action is trapped in a narrow range, sitting +45.8% within the 20-day band and +35.2% within the 252-day band. Immediate resistance lies just 0.03% higher at ₹1,649.47, while support is clustered near ₹1,634.73 (-0.87%) and ₹1,613.57 (-2.15%). The stock carries significant historical drawdown risk, currently down -20.1% from recent highs, with an annualized volatility of +25.4%. Recent candlestick patterns like Hammers have formed but are inactive, suggesting tentative buying interest that lacks sustained follow-through.

- Trend Conflict: Daily structure is bearish (price below Supertrend and 200-SMA) but holds above 20/50 EMAs; Monthly structure is bullish (price above Supertrend) despite being below moving averages.
- Momentum Weakness: ADX values are low across daily (19.96), weekly (14.38), and monthly (16.03) timeframes, signaling weak trend strength and choppy price action.
- Key Levels: Immediate resistance at ₹1,649.47 (+0.03%) and ₹1,670.63 (+1.31%); Support zones at ₹1,634.73 (-0.87%) and ₹1,613.57 (-2.15%).
- Risk Profile: Current drawdown is -20.1% from available high; annualized volatility stands at +25.4%, with maximum historical drawdown reaching -30.8%.

- Hammer
- Outside Bar
- Doji

### What Changed

As of November 6, 2026, ICICI Lombard General Insurance Company (ICICIGI) faces a challenging operating environment marked by sector-wide underwriting pressures. The company reported a stock price of ₹1,649, reflecting an increase from the previous recorded level of ₹1,620. This price movement occurs against a backdrop of severe monsoon flood claims and aggressive price discounting in fire insurance, which have driven general insurers to report underwriting losses in the September quarter. Additionally, increased liabilities stemming from a Supreme Court ruling on motor accident compensation have further strained the sector's financials. While investment gains have partially offset these broader strains, the heavy claims burden has pressured solvency ratios across the industry. These factors highlight significant headwinds for multiline general insurers compared to standalone health insurers, which maintained profitability through premium growth and tax exemptions.

- Stock price rose to ₹1,649 on November 6, 2026, up from the previous level of ₹1,620.
- General insurers faced underwriting losses in the September quarter due to severe monsoon flood claims and aggressive fire insurance discounting.
- Sector profitability was negatively impacted by increased liabilities from a Supreme Court ruling on motor accident compensation.
- Investment gains provided partial offset to the sector's broader financial strain, though solvency ratios were pressured.

- [Floods and falling fire rates hurt general insurers in September quarter | Mint](https://www.livemint.com/industry/floods-and-falling-fire-rates-hurt-general-insurers-in-september-quarter-11793939120500.html)

### Official Filings

ICICI Lombard General Insurance Company Limited (NSE: ICICIGI) has disclosed two material developments in late October and early November 2026. First, the company declared an interim dividend of ₹7 per share with a record date of October 23, 2026, signaling cash distribution to shareholders. Second, the company acquired shares in State Bank of India (SBI) for ₹1.72 billion on October 28, 2026, bringing its cumulative holding in SBI to 0.02%. This investment was made in multiple tranches as part of ordinary course investment activities and required no regulatory approvals.

Additionally, routine administrative filings indicate minor increases in paid-up capital due to the allotment of equity shares under employee stock option schemes on October 26 and November 3, 2026. These allotments involved 84,705 and 3,956 shares respectively, resulting in negligible dilution. The company also intimated a virtual analyst/investor meet hosted by J.P. Morgan on November 19, 2026, where no unpublished price-sensitive information will be shared.

- Interim Dividend: ₹7 per share declared; record date was October 23, 2026.
- SBI Investment: Acquired SBI shares worth ₹1.72 billion on October 28, 2026, raising total holding to 0.02% of SBI.
- Capital Structure: Paid-up capital increased marginally from ₹4,996.51 crore to ₹4,997.40 crore following ESOP allotments in late October.
- Investor Meet: Virtual session scheduled for November 19, 2026, with confirmation that no price-sensitive information will be disclosed.

- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261103_184115056.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Schedule of Analyst/Institutional Investor meet to be held on November 19, 2026 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026184515_ScheduleofAnalystMeetPreIntimation03112026.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261103_190836336.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 3956 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026190923_ESOSIntimationNovemberI.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_15479_WebXMLFile_20261029_140434821.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Acquisition of Shares |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/ICICIGI_28102026222527_SE_Intimation_Acquisition_of_shares_in_SBI.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261026_234228515.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 84705 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/ICICIGI_26102026234522_ESOSIntimationOctoberIII.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 7 PER SHARE |FACE VALUE:10 |RECORD DATE:23-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 7 PER SHARE |FACE VALUE:10 |RECORD DATE:23-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Fundamentals

ICICI Lombard General Insurance Company demonstrates robust top-line momentum and improving earnings quality in the first half of FY2026-27. Gross premiums surged to ₹7,702 crore in Q2 from ₹886 crore in Q1, while net retention ratio strengthened from 0.75 to 0.81, indicating effective policy renewals. Although Net Premium Written dipped slightly to ₹6,214 crore from ₹6,604 crore, this was offset by a significant rise in premium earned to ₹6,652 crore. The company maintained a stable combined ratio of 1.1, driven by an improved incurred claim ratio (down to 0.73) despite higher absolute claims paid (₹4,652 crore). Profitability reflected these operational efficiencies, with profit after tax more than doubling sequentially to ₹946 crore. Balance-sheet health remains pristine with zero borrowings and a growing investment portfolio of ₹64,332 crore as of Sep 2026. Long-term fundamentals are solid, evidenced by consistent 17% ROE over three years and strong cash conversion (CFO/EBITDA at 105% in Mar 2026). Institutional interest is shifting, with DIIs increasing their stake to 23.82% while FIIs reduced theirs to 18.34%.

Key Points:
- **Strong Growth & Efficiency**: Gross premiums rose sharply to ₹7,702 crore in Q2 FY26-27; combined ratio held steady at 1.1 with improved claim ratio (0.73).
- **Profit Surge**: PAT doubled sequentially to ₹946 crore in Q2, supported by higher premium earned and controlled operating expenses (₹697 crore).
- **Financial Strength**: Zero borrowings and ₹64,332 crore in investments provide a strong liquidity buffer; ROCE remains high at 22%.
- **Ownership Shift**: DII holding increased to 23.82% in Sep 2026, while FII stake declined to 18.34%, signaling changing institutional sentiment.

### Bear Case

ICICI Lombard General Insurance faces near-term headwinds from sector-wide underwriting pressures and a deteriorating technical setup. In the September quarter, listed general insurers reported underwriting losses driven by severe monsoon flood claims, aggressive price discounting in fire insurance, and increased liabilities from a Supreme Court ruling on motor accident compensation. These factors have pressured solvency ratios across the segment. On the market front, the stock has declined 15.7% year-to-date and is down 17.6% over the past year, with current trading levels reflecting a significant correction from recent highs. Technical indicators show a bearish daily trend, with the price closing at ₹1,649.00 against resistance just above at ₹1,649.47. The stock is currently in a -20.1% drawdown, indicating sustained downward pressure that investors should monitor closely.

- Underwriting losses in the September quarter due to flood claims, fire rate discounts, and higher motor compensation liabilities.
- Stock down 15.7% YTD and 17.6% over one year, with a current drawdown of -20.1%.
- Daily technical trend is bearish; price closed at ₹1,649.00, testing immediate resistance at ₹1,649.47.
- Solvency ratios for general insurers remain under pressure from the heavy claims burden.

- [Floods and falling fire rates hurt general insurers in September quarter | Mint](https://www.livemint.com/industry/floods-and-falling-fire-rates-hurt-general-insurers-in-september-quarter-11793939120500.html)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261103_184115056.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Schedule of Analyst/Institutional Investor meet to be held on November 19, 2026 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026184515_ScheduleofAnalystMeetPreIntimation03112026.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261103_190836336.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 3956 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026190923_ESOSIntimationNovemberI.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_15479_WebXMLFile_20261029_140434821.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Acquisition of Shares |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/ICICIGI_28102026222527_SE_Intimation_Acquisition_of_shares_in_SBI.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261026_234228515.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 84705 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/ICICIGI_26102026234522_ESOSIntimationOctoberIII.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 7 PER SHARE |FACE VALUE:10 |RECORD DATE:23-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### FAQs

**What recent corporate actions have affected ICICI Lombard's share capital?**

On November 3, 2026, the company allotted 3,956 equity shares (₹10 each) under its ESOP and ESU schemes. This increased paid-up share capital from ₹4,997,360,360 to ₹4,997,399,920, raising the total number of paid-up shares from 499,736,036 to 499,739,992.

**Has ICICI Lombard made any significant investments recently?**

Yes. On October 28, 2026, the company acquired shares in State Bank of India for a cash consideration of ₹1,722,200,000. The investment was made in multiple tranches as part of ordinary investment activities, resulting in an existing holding of 0.0002%.

**When is the next scheduled investor engagement event?**

ICICI Lombard will host a virtual Analyst/Institutional Investor Meet on November 19, 2026, at 13:30 IST in Mumbai. The session is titled 'JPM 2Q27 Premium Perspective Series' and is hosted by J.P. Morgan. No unpublished price sensitive information will be shared.

**How has the stock performed technically over the past year?**

As of November 6, 2026, the stock closed at ₹1,649.00 with a market cap of approximately ₹80,937 crore. Over the trailing one year, the stock returned -17.6%, while it is down -15.7% year-to-date. The current drawdown stands at -20.1% against a maximum historical drawdown of -30.8%.

- [Floods and falling fire rates hurt general insurers in September quarter | Mint](https://www.livemint.com/industry/floods-and-falling-fire-rates-hurt-general-insurers-in-september-quarter-11793939120500.html)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261103_184115056.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Schedule of Analyst/Institutional Investor meet to be held on November 19, 2026 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026184515_ScheduleofAnalystMeetPreIntimation03112026.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261103_190836336.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 3956 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026190923_ESOSIntimationNovemberI.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_15479_WebXMLFile_20261029_140434821.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange about Acquisition of Shares |SUBJECT: Acquisition](https://nsearchives.nseindia.com/corporate/ICICIGI_28102026222527_SE_Intimation_Acquisition_of_shares_in_SBI.pdf)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261026_234228515.xml)
- [ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Allotment of 84705 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/ICICIGI_26102026234522_ESOSIntimationOctoberIII.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 7 PER SHARE |FACE VALUE:10 |RECORD DATE:23-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹1,613.57
- Risk regime: Price Risk Requires Attention

### Support levels
- 1612.725
- 1570.4
- 1538.8

### Resistance levels
- 1858.6654296875
- 1888.75
- 1905.0394584655762

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.79% |
| return_10 | +3.58% |
| return_1m | +3.17% |
| return_1y | -17.59% |
| return_20 | +1.54% |
| return_3m | -0.54% |
| return_5 | +4.31% |
| return_6m | -8.89% |
| return_since_start | -8.87% |
| return_ytd | -15.73% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -30.82% |
| annualized_volatility | +25.37% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# ICICI Lombard General Insurance Company Limited FY2026-27 Q2: Profit rises as earned premium and investment income grow

ICICI Lombard reported standalone profit after tax of ₹946 crore in FY2026-27 Q2, up 135% from ₹403 crore in Q1 and 15% from ₹820 crore a year earlier. Premium earned increased 11.8% sequentially, while net investment income rose 35.3%; the combined ratio remained above 100%, and operating cash flow was negative in the quarter.

## Premiums and earned revenue

Gross premiums written were ₹7,702 crore, down 13.1% from ₹8,860 crore in FY2026-27 Q1 but up 9.1% from ₹7,059 crore in FY2025-26 Q2. Net premiums written declined 5.9% sequentially to ₹6,214 crore, while premium earned rose 11.8% to ₹6,652 crore. The net retention ratio increased to 0.807 from 0.745 in Q1.

## Claims and underwriting

Claims paid rose 32.5% quarter on quarter to ₹4,652 crore. Incurred claims increased 6.5% to ₹4,839 crore, while the incurred claim ratio fell to 0.727 from 0.764 in Q1. The combined ratio edged down to 1.071 from 1.072, but remained above 1.00, indicating underwriting losses before investment income under this measure.

## Expenses

Operating expenses were ₹6,970 crore, up 5.9% from Q1. Expenses of management ratio increased to 0.363 from 0.288. Operating expenses related to the insurance business rose 9.9% to ₹863 crore, and other operating expenses increased 12.8% to ₹405 crore. Net commissions and brokerage were broadly stable at ₹1,269 crore, up 1.5% sequentially.

## Investment income and earnings

Operating income increased 15.1% sequentially to ₹7,844 crore. Net income from investments rose to ₹1,161 crore from ₹858 crore in Q1 and ₹899 crore in FY2026-27 Q2’s year-earlier quarter. Profit before tax reached ₹1,247 crore, up from ₹536 crore in Q1, while tax provision was ₹301 crore. Basic and diluted EPS was ₹18.95, compared with ₹8.08 in Q1 and ₹16.49 a year earlier.

Income in the shareholders’ account rose to ₹1,282 crore from ₹522 crore in Q1. Within that, shareholders’ account investment income was ₹407 crore, versus ₹280 crore, and the transfer from the policyholders’ fund was ₹873 crore, versus ₹234 crore.

## Non-operating items

Non-operating expense was ₹34.7 crore, compared with a net credit of ₹13.8 crore in Q1. This included a ₹15.3 crore provision for diminution in investment value, against a ₹36.0 crore write-back in the previous quarter.

## Investments, balance sheet and solvency

Investments stood at ₹64,332 crore as of 30 September 2026, compared with ₹60,579 crore at 30 June 2026. The balance comprised ₹47,379 crore in the policyholders’ fund and ₹16,953 crore in the shareholders’ fund. The fair value change account and revaluation reserve was ₹2,922 crore at quarter-end, versus ₹72 crore at the end of Q1. Reserves and surplus stood at ₹17,506 crore, and the solvency ratio was 0.0275, up from 0.0271 at 30 June 2026.

## Cash flow and liquidity

Operating cash flow was negative ₹384 crore in FY2026-27 Q2, compared with positive ₹459 crore in FY2025-26 Q2. Investing cash flow was ₹29 crore and financing cash flow was negative ₹213 crore; free cash flow was negative ₹355 crore. Cash and bank balances were ₹523 crore as of 30 September 2026, compared with ₹987 crore at 31 March 2026. Net current assets were negative ₹44,418 crore at quarter-end.

## Key Takeaway

The quarter brought a sharp sequential earnings rebound, supported by higher earned premium and investment income. Underwriting remained loss-making on a combined-ratio basis, while operating cash flow was negative, leaving underwriting performance and cash generation important alongside the stronger reported profit.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +51.22%
- FII holding: +21.45%
- DII holding: +20.64%
- Mutual fund holding: +15.71%
- Retail holding: +3.59%
- Promoter pledged: +0.00%

### Major reported shareholders

- ICICI Bank Limited — +51.18%
- ICICI PRUDENTIAL MUTUAL FUND THROUGH VARIOUS SCHEMES — +2.87%
- GOVERNMENT PENSION FUND GLOBAL — +2.73%
- NPS TRUST — +2.46%
- SBI MUTUAL FUND THROUGH VARIOUS SCHEMES — +1.77%
- KOTAK MUTUAL FUND THROUGH VARIOUS SCHEMES — +1.60%
- NIPPON LIFE INDIA MUTUAL FUND THROUGH VARIOUS SCHEMES — +1.51%
- HDFC MUTUAL FUND THROUGH VARIOUS SCHEMES — +1.40%
- BANDHAN MUTUAL FUND THROUGH VARIOUS SCHEMES — +1.19%
- ADITYA BIRLA SUN LIFE MUTUAL FUND THROUGH VARIOUS SCHEMES — +1.13%

## Official filings

- 2026-11-03 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261103_184115056.xml)
- 2026-11-03 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026184515_ScheduleofAnalystMeetPreIntimation03112026.pdf)
- 2026-11-03 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261103_190836336.xml)
- 2026-11-03 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_03112026190923_ESOSIntimationNovemberI.pdf)
- 2026-10-29 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_15479_WebXMLFile_20261029_140434821.xml)
- 2026-10-28 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_28102026222527_SE_Intimation_Acquisition_of_shares_in_SBI.pdf)
- 2026-10-26 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261026_234228515.xml)
- 2026-10-26 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_26102026234522_ESOSIntimationOctoberIII.pdf)
- 2026-10-23 — Corporate Action Notice: ICICI Lombard General Insurance Company Limited - Ex-Date: 23-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-22 — Corporate Action Notice: ICICI Lombard General Insurance Company Limited - Ex-Date: 23-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-22 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261022_153642613.xml)
- 2026-10-22 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_22102026154204_CancellationOfAnalystMeet22102026.pdf)
- 2026-10-21 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_21102026181023_ScheduleofAnalystMeetPreIntimation21102026.pdf)
- 2026-10-21 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261021_181600753.xml)
- 2026-10-21 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_21102026193800_SEintimation_74_5_.pdf)
- 2026-10-19 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_19102026131424_SE_Intimation_Earnings_call_transcript.pdf)
- 2026-10-19 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261019_133906481.xml)
- 2026-10-19 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_19102026134106_ScheduleofAnalystMeetPreIntimation19102026.pdf)
- 2026-10-19 — Shareholding Disclosure: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741386_19102026030219_WEB.xml)
- 2026-10-19 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15479_WebXMLFile_20261019_152328530.xml)
- 2026-10-16 — Financial Results Filing: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_GI_1740432_16102026073544_WEB.xml)
- 2026-10-15 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_15102026185047_ExtractofFinancialResultNewspaperAdvQ2FY27.pdf)
- 2026-10-14 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_14102026140857_ESOSIntimationOctoberII.pdf)
- 2026-10-14 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_15479_WebXMLFile_20261014_140832456.xml)
- 2026-10-14 — Generic Announcement: ICICI Lombard General Insurance Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ICICIGI_14102026191950_Final_BM_Outcomne.pdf)

## News and market events

- 2026-11-06 — Mint: **Floods and falling fire rates hurt general insurers in September quarter | Mint** — India’s listed multiline general insurers reported underwriting losses in the September quarter due to severe monsoon flood claims, aggressive price discounting in fire insurance, and increased liabilities from a Supreme Court ruling on motor accident compensation. While standalone health insurers achieved profitability driven by premium growth and tax exemptions, investment gains partially offset the sector's broader financial strain. The heavy claims burden has also pressured solvency ratios for some players, with New India Assurance recording a significant net loss. — [Source](https://www.livemint.com/industry/floods-and-falling-fire-rates-hurt-general-insurers-in-september-quarter-11793939120500.html)
- 2026-10-24 — The Hindu: **Insurer liable to pay compensation even if driver crashes while trying to save stray dog: Delhi HC** — Delhi High Court upholds insurer liability in road accident case, rejecting “agony of the moment” defense and affirming ₹1.70 crore compensation. — [Source](https://www.thehindu.com/news/cities/Delhi/insurer-liable-to-pay-compensation-even-if-driver-crashes-while-trying-to-save-stray-dog-delhi-hc/article71621253.ece)
- 2026-10-19 — BUSINESSTODAY: **Tech Mahindra, ICICI Lombard, HDB Financial: Top stocks to turn ex-dividend this week** — Tech Mahindra dividend, ICICI Lombard dividend, HDB Financial Services dividend, LTM dividend, ICICI Prudential AMC dividend, dividend stocks this week, stocks turning ex-dividend, corporate actions this week, stock split, Jattashankar Industries stock split, JSW Dulux stock split, Azad India Mobility stock split, Tips Music dividend, IRFC dividend, Oberoi Realty dividend, 360 ONE WAM dividend, Titan Biotech bonus issue, VRL Logistics buyback, Indian stock market, dividend record date — [Source](https://www.businesstoday.in/markets/stocks/story/tech-mahindra-icici-lombard-hdb-financial-top-stocks-to-turn-ex-dividend-this-week-562400-2026-10-19)
- 2026-10-18 — CNBC-TV18: **Record Dates This Week: JSW Dulux, Tech Mahindra among 13 important names with corporate actions lined up** — As many as 13 stocks, including Tech Mahindra, VRL Logistics, JSW Dulux among others will see record dates for their dividends, stock splits and share buybacks this week. Details follow in the story. — [Source](https://www.cnbctv18.com/market/record-dates-this-week-tech-mahindra-jsw-dulux-ltm-vrl-logistics-share-price-stock-split-dividend-buybacks-20014547.htm)
- 2026-10-15 — BUSINESSTODAY: **ICICI Lombard shares: Outperform rating maintained after Q2 results; check stock reaction** — ICICI Lombard, ICICI Lombard shares, ICICI Lombard Q2 results, combined ratio, catastrophe losses, investment income, gross direct premium income, insurance stocks, Q2 FY27 earnings, motor insurance — [Source](https://www.businesstoday.in/markets/stocks/story/icici-lombard-shares-outperform-rating-maintained-after-q2-results-check-stock-reaction-561776-2026-10-15)
- 2026-10-15 — Mint: **Raja Venkatraman recommends three stocks for 15 October** — Market expert Raja Venkatraman shares his top stock picks for 15 October. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-15-october-11792024961360.html)
- 2026-10-15 — Economic Times: **Stock Radar: Breakout from multi-month falling trendline resistance makes ICICI Lombard stock an attractive buy** — ICICI Lombard General Insurance has broken above a multi-month falling trendline resistance after a sharp recovery from September lows. The stock has reclaimed key moving averages and gained over 17% in a month. Technical analysts see further upside, recommending a buy with a target of Rs 1,980 over the next three to four months. — [Source](https://economictimes.indiatimes.com/markets/us-stocks/news/stock-radar-breakout-from-multi-month-falling-trendline-resistance-makes-icici-lombard-stock-an-attractive-buy/articleshow/134945996.cms)
- 2026-10-13 — CNBC-TV18: **Market Pulse: Key triggers to watch before the October 14 trading session** — Investors will also monitor crude oil prices after Brent retreated below $105 a barrel, along with earnings from major US banks and the September-quarter results of several Indian companies, including BHEL, ICICI Lombard, Tata Technologies, CEAT and HDB Financial Services. — [Source](https://www.cnbctv18.com/photos/market/market-pulse-key-triggers-to-watch-before-the-october-14-trading-session-20011135.htm)
- 2026-10-01 — Mint: **Can technology fix ICICI Lombard's underwriting equation?** — ICICI Lombard is betting on technology to cut costs, accelerate growth and improve underwriting, but with its combined ratio above 100%, the digital push faces a crucial test of profitability. — [Source](https://www.livemint.com/market/mark-to-market/icici-lombard-digital-transformation-profitability-combined-ratio-11790832227514.html)
- 2026-10-01 — Mint: **Catch them young: ICICI Lombard eyes 18-35-year-olds with digital health cover | Mint** — For ICICI Lombard, the immediate objective is to get younger customers into its customer base early, keep them engaged and eventually move them toward higher-value products as their financial capacity and insurance requirements grow. — [Source](https://www.livemint.com/industry/banking/catch-them-young-icici-lombard-eyes-18-35-year-olds-with-digital-health-cover-11790763138747.html)
- 2026-09-30 — Mint: **Top 5 breakout stocks to buy: PVRINOX, JK Tyre, ICICIGI, Texmaco Rail, Mishra Dhatu by Sumeet Bagadia | Target, stoploss** — Sumeet Bagadia believes the short-term trends of the Indian stock market has turned sideways-to-bearish — [Source](https://www.livemint.com/market/stock-market-news/top-5-breakout-stocks-to-buy-pvrinox-jk-tyre-icicigi-texmaco-rail-mishra-dhatu-by-sumeet-bagadia-target-stoploss-11790778479716.html)
- 2026-09-30 — MONEYCONTROL: **Neutral ICICI Lombard; target of Rs 1700: Motilal Oswal** — Motilal Oswal, Neutral, ICICI Lombard, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/neutral-icici-lombard-target-of-rs-1700-motilal-oswal-14041847.html)
- 2026-09-28 — Mint: **SBI Life, HDFC Life, ICICI Prudential: Should you invest in insurance stocks amid IRDAI new reforms? Experts suggestion** — Prathamesh Kadival, Research Analyst at Bonanza, believes that India's insurance sector is entering an important phase as IRDAI pushes for lower costs, greater transparency and better value for policyholders — [Source](https://www.livemint.com/market/stock-market-news/sbi-life-hdfc-life-icici-prudential-should-you-invest-in-insurance-stocks-amid-irdai-new-reforms-experts-suggestion-11790586686269.html)
- 2026-09-27 — MONEYCONTROL: **Broader markets underperform, extend losing streak to third week** — Midcap,Smallcap,Broader indices,Market this week,midcap this week,smallcap this week — [Source](https://www.moneycontrol.com/news/business/markets/broader-markets-underperform-extend-losing-streak-to-third-week-14039106.html)
- 2026-09-26 — The Hindu: **Movers & Shakers: Stocks that will see action this week** — Stocks slated to move: ICICI Lombard, Oberoi Realty, and Swiggy show bullish setups with targets up to ₹1,900, ₹2,300, and ₹370 respectively. — [Source](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-amp-shakers-stocks-that-will-see-action-this-week/article71512714.ece)
- 2026-09-24 — Economic Times: **IRDAI proposal hits insurance stocks; FSSAI vs ecomm giants** — The insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more in todays ETtech Top 5. — [Source](https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/insurance-policy-revamp-fssai-vs-ecomm-giants/articleshow/134463566.cms)
- 2026-09-24 — Economic Times: **Explained: Why PB Fintech, SBI Life, HDFC Life and other insurance stocks tanked up to 10% on Thursday** — IRDAI has proposed insurance distribution reforms, including a ban on dark patterns, lower Expense of Management limits and greater commission transparency. The changes could affect customer acquisition costs and distribution economics for insurers and insurance platforms. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/why-pb-fintech-sbi-life-hdfc-life-other-insurance-stocks-could-face-pressure-on-thursday/articleshow/134450720.cms)
- 2026-09-24 — BUSINESSTODAY: **GIFT Nifty down 190 pts; NSE, Sedemac, Nephrocare, Ola Electric, telcos among top stocks in focus** — GIFT Nifty, GIFT Nifty cues today, GIFT Nifty Signals today, Stocks in news, Stocks in buzz, Stocks to buy, NSE, National Stock Exchange of India, Sedemac Mechatronics, Nephrocare Health Services, Ola Electric Mobility, Bharat Electronics, Max Estates, GHCL telcos, insurance companies, Vodafone Idea, Reliance Industries, Bharti Airtel, Exide Industries, Concord Biotech, Rainbow Children's Medicare, Avantel, GCHL, Zuari Industries, Pyramid Technoplast — [Source](https://www.businesstoday.in/markets/trending-stocks/story/gift-nifty-down-190-pts-nse-sedemac-nephrocare-ola-electric-telcos-among-top-stocks-in-focus-557423-2026-09-24)
- 2026-09-21 — Times of India: **Stock Market Market Today Live Updates: BSE Sensex gains over 300 points; Nifty50 tops 23,350 in early trade - The Times of India** — Asian markets edged higher, led by technology and chip stocks, while oil prices eased on expectations of a recovery in Saudi crude shipments despite — [Source](https://timesofindia.indiatimes.com/business/india-business/sensex-stock-market-today-21-september-2026-live-updates-nse-bse-gift-nifty-50-top-gainers-losers-mcx-stocks-in-focus-market-news/liveblog/134379143.cms)
- 2026-09-20 — Times of India: **NSE IPO: Shareholders still retain significant stake despite tendering shares in offer-for-sale** — img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/134372275.cms" /Of the 20 institutional investors that participated in the OFS, nine were foreign institutional investors. These investors collectively owned 15.96 per cent of NSE before the IPO. — [Source](https://timesofindia.indiatimes.com/business/india-business/nse-ipo-shareholders-still-retain-significant-stake-despite-tendering-shares-in-offer-for-sale/articleshow/134372275.cms)
- 2026-09-17 — MONEYCONTROL: **HDFC Life, other life insurance companies' stocks rise up to 7% on hope of lower commission payment** — HDFC share price, SBI Life shares today — [Source](https://www.moneycontrol.com/news/business/markets/hdfc-life-other-life-insurance-companies-stocks-rise-up-to-7-on-hope-of-lower-commission-payment-14032087.html)
- 2026-09-11 — Economic Times: **Hidden goldmine! How NSE IPO will unlock Rs 95,000 crore value for over 20 listed companies** — The NSE IPO could unlock significant hidden value for 26 listed shareholders, whose combined NSE holdings could be worth around Rs 94,619 crore at the tentative upper price of Rs 1,785 per share. LIC stands to benefit the most, with its 26.53-crore-share stake valued at around Rs 47,351 crore. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hidden-goldmine-how-nse-ipo-will-unlock-rs-95000-crore-value-for-over-20-listed-companies/articleshow/134055566.cms)
- 2026-09-08 — MONEYCONTROL: **IRDAI imposes Rs 1 crore penalty on ICICI Lombard over compliance lapses** — ICICI Lombard, ICICI Lombard penalty, IRDAI penalty, IRDAI order, ICICI Lombard news, ₹1 crore penalty, insurance regulatory action, insurance compliance lapses, IRDAI insurance regulations, ICICI Lombard governance lapses — [Source](https://www.moneycontrol.com/news/business/personal-finance/irdai-imposes-rs-1-crore-penalty-on-icici-lombard-over-compliance-lapses-14024996.html)
- 2026-09-07 — MONEYCONTROL: **ICICI Lombard — Strong franchise with multiple growth levers** — MCPro, Moneycontrol Research, Stock Recommendation, Insurance, ICICI Lombard General Insurance — [Source](https://www.moneycontrol.com/news/business/moneycontrol-research/icici-lombard-strong-franchise-with-multiple-growth-levers-14023942.html)
- 2026-08-05 — CNBC-TV18: **Here's why shares of ICICI Lombard, Go Digit, and New India Assurance surged up to 8% today** — At the end of financial year 2026, the Motor Third-party contributed 20% to ICICI Lombard's Gross Direct Premium Income (GDPI). The same figure for Go Digit stood at 42.5% and for New India Assurance, it stood at 14%. — [Source](https://www.cnbctv18.com/market/icici-lombard-go-digit-new-india-assurance-share-price-supreme-court-motor-third-party-rules-premium-impact-auto-19961927.htm)

## Business profile

**Strategic vision:** Provides general insurance products and solutions across India.

### Business segments
- **Motor Insurance:** Covers car and two-wheeler insurance, including comprehensive coverage and roadside assistance programs.
- **Health Insurance:** Includes retail and group health plans, personal accident coverage, and specific health products.
- **Travel Insurance:** Designed to secure individuals during their trips.
- **Home Insurance:** Provides protection for residential properties against various disasters.
- **Business and Corporate Insurance:** Tailored solutions for SMEs and large corporations, encompassing fire, marine, engineering, and liability insurance.
- **Crop Insurance:** Offering protection for agricultural endeavors.
- **Other Insurances:** Includes NRI insurance, cyber insurance, and specific home protection policies.

### Competitive strengths
- Comprehensive portfolio of general insurance products
- Diversified product categories serving various customer segments
- Extensive distribution network across urban and rural India

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/icicigi
Markdown representation: https://faxioms.com/stocks/icicigi?render=md