Business description: ICICI Lombard General Insurance Company Limited

ICICI Lombard General Insurance Company Limited is an India-based general insurance company. The Company offers a comprehensive and diversified range of products through multiple distribution channels, including motor, health, crop, fire, personal accident, marine, engineering, and liability insurance. Its segments include Fire, Marine, Health including Personal Accident, Miscellaneous, Crop Insurance and Motor. Its Health including Personal Accident segment includes health retail, health group corporate and health government business. Its Miscellaneous segment includes miscellaneous retail and miscellaneous group corporate business. Its motor insurance includes car insurance, bike insurance and motor floater. Its health insurance includes Health AdvantEdge, MaxProtect, health booster, personal protect, Arogya Sanjeevani Policy, Saral Suraksha Bima and others. Its other insurances include crop insurance, NRI insurance, cyber insurance, ICICI Bharat Griha Raksha Policy and others.

Number of employees: 15,123

Sales by Activity: ICICI Lombard General Insurance Company Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Miscellaneous

11TCr 15TCr 17TCr 18TCr 21TCr

Fire

561.34Cr 793.1Cr 788.08Cr 793.12Cr 849.24Cr

Marine

280.77Cr 406.27Cr 469.71Cr 560.53Cr 650.79Cr
See all business segments

Geographical breakdown of sales: ICICI Lombard General Insurance Company Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

13TCr 17TCr 19TCr 20TCr 24TCr
See all geographic segments

Executive Committee: ICICI Lombard General Insurance Company Limited

Manager TitleAgeSince
Chief Executive Officer 55 01/12/2023
Director of Finance/CFO - -
Chief Investment Officer - 20/10/2018
Chief Operating Officer 55 01/04/2013
Corporate Officer/Principal - 18/02/2025
See ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED governance

Composition of the Board of Directors: ICICI Lombard General Insurance Company Limited

Director TitleAgeSince
Director/Board Member 60 13/07/2016
Director/Board Member 60 17/10/2018
Director/Board Member 65 01/01/2024
Chairman 54 30/06/2024
Director/Board Member 64 17/01/2020
Director/Board Member 68 19/07/2024
Director/Board Member 67 17/04/2024
Director/Board Member 55 02/05/2015
Composition of the Board of Directors

Shareholders: ICICI Lombard General Insurance Company Limited

NameEquities%Valuation
51.31 %
25,55,50,678 51.31 % 5 578 M ₹
Norges Bank Investment Management
2.627 %
1,30,83,481 2.627 % 286 M ₹
Kotak Mahindra Asset Management Co. Ltd.
1.675 %
83,42,498 1.675 % 182 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
1.525 %
75,94,093 1.525 % 166 M ₹
SBI Funds Management Ltd.
1.479 %
73,66,635 1.479 % 161 M ₹
List of ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED shareholders

Holdings: ICICI Lombard General Insurance Company Limited

NameEquities%Valuation
38,96,253 1.22% 9 M $
13,11,147 1.06% 8 M $
24,96,355 1.9% 7 M $

Company details: ICICI Lombard General Insurance Company Limited

ICICI Lombard General Insurance Co. Ltd.

ICICI Lombard House

400025, Mumbai

+91 22 6196 1100

http://www.icicilombard.com
address ICICI Lombard General Insurance Company Limited(ICICIGI)

Other Multiline Insurance & Brokers

Change 5d. change 1-year change 3-years change Capi.($)
+0.67%-1.37%-1.98%+49.68% 1.03TCr
-0.39%-0.44%+25.36%+73.79% 17TCr
-0.11%-1.97%+9.96%+32.39% 12TCr
-0.28%-0.10%+7.57%+29.71% 10TCr
+0.08%-1.94%-15.67%+5.20% 8.94TCr
-0.94%-4.90%+15.22%+69.00% 3.61TCr
+0.91%-1.50%+35.44%+146.57% 3.33TCr
+0.25%-0.69%+60.84%+324.17% 1.69TCr
+0.06%-0.03%+44.17%+93.26% 1.66TCr
+0.28%+0.38%+63.04%+128.97% 1.52TCr
Average +0.05%-1.26%+24.40%+95.27% 6.06TCr
Weighted average by Cap. -0.14%-1.22%+15.23%+60.34%
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Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
1,870.20INR
Average target price
2,164.50INR
Spread / Average Target
+15.74%
Consensus

Quarterly revenue - Rate of surprise

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