News WrapGet Handpicked Stories from our editors directly to your mailbox

ICICI Lombard

ICICI Lombard launches AI-based solution for motor policies

The AI-based solution has been developed by ICICI Lombard in collaboration with Microsoft.

Dec 20, 2018, 13:50 PM IST

ICICI Lombard to debut on bourses tomorrow

ICICI Lombard General Insurance is a joint venture between ICICI Bank and Canadian NRI Prem Watsa-promoted Fairfax Financial Holdings.

Sep 26, 2017, 14:04 PM IST

'Insurance sector undergoing disruptions, trend to accelerate'

Commenting on the performance of the industry, he said the "insurance sector has done well last year. The disintegration of banking reforms in crop insurance has helped both life and non-life insurance sectors".

Sep 24, 2017, 18:02 PM IST

ICICI Lombard IPO oversubscribed 3 times on last day

The category reserved for qualified institutional buyers (QIBs) was oversubscribed 8.17 times, non institutional investors 83 percent and retail investors 1.21 times, investment banking sources said.

Sep 19, 2017, 13:04 PM IST

Promoters to dilute 19% in ICICI Lombard IPO

The merchant bankers have fixed a price-band in the range of Rs 651-661 for the issue, which will open for subscription on September 15 and closes on September 19.

Sep 08, 2017, 20:00 PM IST

ICICI Lombard IPO to hit market on September 15

ICICI Lombard is a joint venture between ICICI Bank and Canada-based Fairfax Financial Holdings Ltd.

Sep 07, 2017, 11:59 AM IST

Rs 36 lakh compensation awarded to kin of Maharashtra accident victim

Since the accident occurred due to sole negligence on the part of the truck driver, an offence was registered against him at Kashimira Police Station, the court was informed.

Jul 08, 2017, 20:54 PM IST

ICICI Bank to sell stake in general insurance JV

Private player ICICI Bank on Monday said it will sell a part of its stake in joint-venture firm ICICI Lombard General Insurance Company Ltd through an Initial Public Offer.

Jun 05, 2017, 16:49 PM IST

Banks rush to buy cyber security cover as digital payments rise

At a time when cyber threats are on the rise for banks for increasing cashless transactions and effects of demonetization, insurers see rise in demand for cyber insurance and cyber liability insurance, in particular.

Feb 12, 2017, 18:30 PM IST

ICICI Lombard in bancassurance tie-up with CSB

The company will able to offer general insurance solutions to the bank's customer base in Kerala, Tamil Nadu, Karnataka and Maharashtra.

Sep 03, 2015, 15:54 PM IST

ICICI Lombard to increase business via online platform

Leading private sector non-life insurer ICICI Lombard is looking at increasing the share of business coming from online platform to 10 percent by 2020 from less than 5 percent at present.

May 07, 2015, 20:02 PM IST

Road mishap: Kin of man get around Rs 18 lakh compensation

Family members of a 38-year-old man, who died in a road accident involving a rashly driven tempo, have been awarded around Rs 18 lakh by a Motor Accident Claims Tribunal (MACT) here.

Feb 15, 2015, 10:18 AM IST

ICICI Lombard to be restrictive towards weather insurance

In a bid to maintain its bottomline, India's largest private sector non-life insurer ICICI Lombard has decided to cut down its exposures in certain segments, including weather insurance.

Dec 18, 2014, 10:32 AM IST

ICICI Lombard announces launch of customer self-service kiosks

Private sector non-life insurance company ICICI Lombard announced the launch of 'self-service' kiosks at three of its key branches in Mumbai, Delhi and Bengaluru, here Wednesday.

Oct 08, 2014, 20:45 PM IST

ICICI Lombard under IRDA scanner for alleged irregularities

The IRDA is carrying out a "focused inspection" with respect to these schemes, said the letter.

Mar 14, 2014, 17:01 PM IST

CBI probes ICICI Lombard for alleged fraud

CBI Wednesday registered a Preliminary Enquiry (PE) against ICICI Lombard for allegedly colluding with officials of Rajasthan government and Union Agriculture and Textiles ministries and pocketing claims of non-existing farmers and artisans.

Mar 12, 2014, 18:36 PM IST

Forum orders ICICI Lombard to pay Rs 5 lakh compensation

The District Consumer Disputes Redressal Forum has pulled up ICICI Lombard Motor Insurance for indulging in "unfair trade practices" and asked it to pay a compensation of Rs 5 lakh to a complainant.

Feb 25, 2014, 12:34 PM IST

ICICI Lombard GI posts Rs 359 cr profit in H1 of FY'14

Private player ICICI Lombard General Insurance has reported nearly 2-fold jump in profit to Rs 359 crore for the first half of the 2013-14 fiscal.

Oct 30, 2013, 19:05 PM IST

ICICI Lombard Q1 net soars to Rs 203 crore

Private sector general insurer ICICI Lombard General Insurance Thursday said its net profit more than doubled to Rs 203 crore in the first quarter of current financial year.

Aug 01, 2013, 21:03 PM IST

ICICI Lombard hopes to grow over industry average in FY14

Private sector general insurer ICICI Lombard is hopeful of clocking a premium growth of 2-3 percent higher than the industry average in the current financial year, a top company official has said.

May 19, 2013, 16:29 PM IST