ICICI Lombard General Insurance Company Limited — Q2FY27 earnings call summary

Filed 19 October 2026 · Official transcript

Distribution reforms expected to improve penetration; company focused on retention and digital sourcing growth
H1 FY2027 GDPI growth at 5.4%, below industry growth of 8.9%; excluding Crop and Mass Health, company grew 13.9% vs industry 13.2%
Motor segment grew 13.0% with market share at 10.3%; combined ratio stable at ~65-67% range despite Supreme Court judgment impact
Health segment grew 26.8%, Retail Health up 66.4% with market share rising to 5.0%
Combined ratio Q2 FY2027 at 104.5% (ex-CAT 102.7%), H1 at 105.2% (ex-CAT 104.2%)
Profit after tax Q2 grew 27.5% to ₹10.31bn; H1 PAT declined 5.8% to ₹14.54bn
Investment assets rose to ₹643.32bn; solvency ratio strong at 2.74x
Motor third-party reserves fully integrated post Supreme Court ruling; no further incremental provisions anticipated