ICICI Lombard General Insurance Q3 Net Profit Declines 9% to ₹659 Crore
Published on: Jan. 14, 2026, 6:35 a.m. | Source: scanx.trade
ICICI Lombard General Insurance reported a 9% decline in Q3 FY26 net profit to ₹659 crore due to higher claims and underwriting challenges. Despite profitability pressures, the company achieved strong premium growth of 13.3% to ₹7,041 crore, outpacing industry growth. The combined ratio deteriorated to 104.5%, particularly impacted by motor and health insurance segments, while return on equity declined to 16.5%.
