ICICI Lombard General insurance
Q4 Result
Private insurance company ICICI lombard posted a 22.6% rise YoY in its march quarter.
Q4 net profit at Rs – 345.68 crore
collected gross direct premium income (GDPI) of Rs- 3,478 crores
Q4 growth 9.4% YoY
( ROAE ) return of average equity 21.7% in fy 21 compared to 20.8 percent in fy 20.
( ROAE ) was 18.8% in Q4 Fy21 compared to Q4 fy20 18.8%
Covid-19 health claims are concerned – 9,80,000 clamis worth Rs – 14,000 crore.
Covid – 19 health clamis intimated is 5 percent.
ICICI lombard genral insurance had GDPI of Rs – 14,003 Crore 5.2% YoY
The board of directors of ICICI lombard has paid interim dividend of Rs – 4 per share Fy21 & overall dividend for fy21 including final dividned is Rs – 8 per share.
