ICICI Lombard Reports 18% Profit Surge in Q2, Declares ₹6.50 Interim Dividend

ICICI Lombard General Insurance Company , one of India's leading private sector general insurance firms, has reported a robust financial performance for the second quarter. The company's results showcase strong growth in profitability and premium income, along with an improved combined ratio.

Key Financial Highlights

Particulars (₹ in lakhs)	Q2 FY2026	Q2 FY2025	YoY Change
Profit After Tax	81954.00	69395.00	18.10%
Gross Premiums Written	705866.00	694630.00	1.60%
Net Premium Earned	565165.00	502557.00	12.50%
Combined Ratio	105.10%	104.50%	60 bps

Profit Growth and Dividend Declaration

ICICI Lombard reported a significant 18.10% year-on-year increase in profit after tax, reaching ₹81954.00 lakhs for the quarter. This substantial growth in profitability underscores the company's effective strategy and operational efficiency.

In a move that will please shareholders, the Board of Directors has approved an interim dividend of ₹6.50 per equity share. This dividend, representing a 65% payout on the face value of ₹10 per share, is scheduled to be paid by November 12, 2025.

Premium Income and Underwriting Performance

The company's gross premiums written saw a modest increase of 1.60%, totaling ₹705866.00 lakhs for the quarter. More notably, the net premium earned rose by 12.50% to ₹565165.00 lakhs, indicating improved retention and growth in the core insurance business.

ICICI Lombard's combined ratio, a key metric of underwriting profitability in the insurance sector, stood at 105.10% for the quarter, compared to 104.50% in the same period last year. While this represents a slight increase of 60 basis points, it's important to note that a combined ratio below 100% indicates underwriting profit.

Earnings Per Share

The company's basic earnings per share (EPS) for the quarter improved to ₹16.49, up from ₹14.05 in the corresponding quarter of the previous year, reflecting the growth in profitability.

Conclusion

ICICI Lombard's Q2 results demonstrate the company's ability to grow profitably in a competitive insurance market. The significant increase in profit after tax, coupled with growth in premium income and a stable combined ratio, positions the company well for sustained performance. The declaration of an interim dividend further underscores the management's confidence in the company's financial health and commitment to shareholder returns.

As the insurance sector continues to evolve, ICICI Lombard's strong financial metrics suggest it is well-equipped to capitalize on market opportunities and navigate potential challenges in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.17%	-2.69%	-2.39%	+1.77%	-11.23%	+48.71%

ICICI Lombard General Insurance , one of India's leading private sector general insurance companies, has reported a significant increase in its premium collection for September. The company's performance indicates a robust growth trajectory in the general insurance sector.

Premium Growth Details

Metric	Value
Total Premiums (September)	INR 19.31 billion
Year-on-Year Growth	6.2%

ICICI Lombard's premium collection reached INR 19.31 billion in September, marking a 6.2% increase compared to the same period in the previous year. This growth underscores the company's expanding market presence and its ability to attract and retain customers in a competitive insurance landscape.

Market Implications

The reported growth in premiums is a positive indicator for ICICI Lombard and potentially for the broader insurance sector. It suggests:

Increasing Insurance Adoption: The growth may reflect a rising awareness and adoption of general insurance products among Indian consumers and businesses.
Company Performance: ICICI Lombard's ability to grow its premium collection indicates effective marketing strategies and possibly an expanding product portfolio.
Market Confidence: The increase in premiums could signify growing consumer confidence in ICICI Lombard's insurance offerings and services.

Industry Context

While this report focuses on ICICI Lombard's performance, it's important to note that the growth in premiums may also be indicative of broader trends in the Indian general insurance market. Factors such as increasing awareness about insurance, regulatory changes, and economic conditions could be contributing to the sector's growth.

As the insurance landscape continues to evolve, ICICI Lombard's performance will be closely watched by investors and industry analysts. The company's ability to maintain or accelerate this growth rate in the coming months could provide further insights into both its strategic direction and the overall health of the general insurance sector in India.