[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Wegro App @wegro_app on x 10.3K followers
Created: 2025-07-19 13:59:28 UTC
𝗜𝗖𝗜𝗖𝗜 𝗟𝗼𝗺𝗯𝗮𝗿𝗱 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗟𝘁𝗱. - 𝗤𝟭 𝗙𝗬𝟮𝟬𝟮𝟲 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗖𝗮𝗹𝗹 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀
ICICI Lombard's Q1 FY2026 earnings call provided insights into the company's performance and the broader industry landscape. Here's a breakdown:
𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ▪ GDPI grew by XXX% YoY to ₹77.35 billion. ▪ Excluding Crop and Mass Health, GDPI grew by 3.4%. ▪ Profit Before Tax (PBT) increased by XXXX% YoY to ₹9.94 billion. 💰 ▪ Profit After Tax (PAT) grew by XXXX% YoY to ₹7.47 billion. 💰 ▪ Return on Average Equity (ROAE) was 20.5%. ▪ Combined Ratio: XXXXX% (Q1 FY2026) vs XXXXX% (Q1 FY2025).
𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲: ▪ 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹: Grew by XXX% (industry: 13.0%), driven by improved pricing. 🏢 ▪ 𝗠𝗼𝘁𝗼𝗿: Grew by XXX% (industry: 8.7%). Maintained market leadership with a XXXX% market share. 🚗 ▪ Portfolio Mix: Private Car (54.8%), Two-wheeler (27.0%), Commercial Vehicle (18.2%). ▪ 𝗛𝗲𝗮𝗹𝘁𝗵: Grew by XXX% (industry: 8.1%). ▪ Retail Health: Grew by XXXX% (industry: 9.4%), market share at XXX% (2.9% in Q1 FY2025). 🏥 ▪ Group Health: De-grew by 2.5%, market share at 10.1%.
𝗞𝗲𝘆 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲𝘀: ▪ 'One IL One Team' initiative: Increased productivity by 78%, reduced headcount, and increased digital service engagement to 38%. 🤖 ▪ Improved Motor claims efficiency with XXXX% of non-OEM claims serviced by Preferred Partner Network. 🛠️ ▪ 'IL Sahayak' initiative: Assisted over XXXXXX health customers in Q1 FY2026 (8,000+ in Q1 FY2025). ▪ Digital Platform: Visitors increased by XX% YoY, and fresh business increased by XX% YoY. ▪ Customer Experience: NPS of XX and XX for Health and Motor claims respectively.
𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀 & 𝗢𝘂𝘁𝗹𝗼𝗼𝗸: ▪ Commercial lines are expected to see improved profitability due to better pricing. ▪ Motor segment faces competitive intensity. ▪ Health segment remains a key growth driver. ▪ Management is optimistic about the General Insurance industry's medium to long-term growth. 🚀
𝗤&𝗔 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ▪ Management expects Commercial lines to be more profitable. ▪ Retail Health loss ratio increased from XXXX% to 74.3%. ▪ Motor TP price hike is expected, but no concrete updates yet. ▪ Competitive intensity remains high, with some market share gains from PSU players. ▪ Crop insurance business saw a decrease due to retendering in Maharashtra. 🌾
📊 ICICI LOMBARD GENERAL INSURANCE COMPANY LTD | 🏷️ Earnings Call Transcript
🌐 Details:
⚡️AI-driven WhatsApp updates - Try FREE 👉
XXX engagements
Related Topics quarterly earnings