ICICI Lombard General Insurance Company Limited — Q1FY27 Earnings Call Summary

ICICIGI · Q1FY27 · Filed 20 Jul 2026

Key Takeaways

• Fire segment faced severe pricing pressure, 27.8% industry de-growth
• Motor segment grew 14%, market share 10.5%; Retail Health grew 69.5%, market share 4.5%
• Management expects competitive intensity in Fire to ease; Motor TP pricing and claims environment evolving with regulatory and market actions
• Q1 FY2027 GDPI grew 7.5% to ₹83.18bn vs industry 10.9%; retail lines drove growth
• Combined ratio rose to 107.2% from 102.9%, impacted by ₹0.63bn fire losses and ₹1.65bn Motor TP Supreme Court judgement provision
• Excluding these, combined ratio stable at ~102.3%
• PAT declined 46% to ₹4.03bn; excluding impacts, PAT down 23% to ₹5.75bn
• Supreme Court judgement on Motor TP loss ratio may increase industry loss ratio 12-15%, prompting urgent premium rate revision
• Company maintains prudent reserving, including for retrospective judgement impact
• Digital adoption strong: IL TakeCare app downloads 22.1mn, digital claims up 20%, call center NPS improved to 76

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.