Motilal Oswal Maintains Buy Rating on ICICI Lombard General Insurance with Revised Target Price of ₹2,230
Motilal Oswal maintains Buy rating on ICICI Lombard General Insurance with revised target price of ₹2,230, down from ₹2,270. The recommendation is supported by combined ratio beat, motor segment recovery, and health market share gains. The brokerage expects better-than-industry growth in 2HFY26 and combined ratio improvement to ~101.8% by FY28, despite earnings estimate cuts and weak investment income.
16Apr 26
Macquarie Maintains Outperform Rating on ICICI Lombard General Insurance with ₹2,350 Target Price
Macquarie maintains its Outperform rating on ICICI Lombard General Insurance with a ₹2,350 target price, citing the company's strong profitability discipline for FY26. The brokerage appreciates the insurer's strategy of prioritising margins over market share despite challenging industry conditions. Additionally, Macquarie expects positive impacts from IFRS adoption and IRDAI regulatory changes to benefit the company's operational framework.
16Apr 26
HSBC Maintains Buy Rating on ICICI Lombard General Insurance with Target Price ₹2,200
HSBC has maintained its Buy rating on ICICI Lombard General Insurance with a target price of ₹2,200, down from ₹2,285. The recommendation is supported by healthy premium growth and combined ratio improvement in Q4FY26, despite some investment income softness. The brokerage expects strong top-line momentum in FY27 and highlights potential EPS upside from IFRS implementation, positioning the company favorably among non-life insurers.
16Apr 26
Goldman Sachs Maintains Neutral Rating on ICICI Lombard General Insurance with ₹1,965 Target Price
Goldman Sachs maintains Neutral rating on ICICI Lombard General Insurance with ₹1,965 target price after strong Q4 results. The company achieved 18% YoY GDPI growth, outperforming industry average of ~10.9%, with health segment growing 38% YoY and motor segment up 15% YoY. Combined ratio improved to 101.2% on lower claims, leading Goldman Sachs to raise FY27-28 EPS estimates by up to 5%.
16Apr 26
ICICI Lombard General Insurance OneForce Platform Boosts Renewals by 5% and Doubles Partner Participation
ICICI Lombard General Insurance has achieved notable success with its OneForce platform, reporting a 5% increase in policy renewals and a doubling of partner participation rates. These improvements demonstrate the effectiveness of the company's digital transformation strategy in enhancing both customer retention and distribution network engagement.
16Apr 26
ICICI Lombard Expects Faster Motor Growth Than Industry in FY27
ICICI Lombard General Insurance projects faster motor segment growth than industry average in FY27, driven by new vehicle sales momentum and improved customer retention strategies. The company's optimistic outlook reflects confidence in capturing larger market share through operational advantages.
16Apr 26
ICICI Lombard General Insurance Expects Growth Momentum to Continue Through Q1-Q2 FY27
ICICI Lombard General Insurance management expects growth momentum to continue into Q1 and Q2 FY27, supported by ongoing GST cuts and anticipated motor segment growth at industry level. The company believes these factors will contribute positively to earnings performance in the coming quarters.
16Apr 26
ICICI Lombard General Insurance Expects Combined Ratio Reduction of 300-450 Basis Points from Accounting Changes
ICICI Lombard General Insurance expects accounting changes to reduce its reported combined ratios by 300 to 450 basis points following the transition to new accounting standards. This substantial improvement in a key insurance industry metric could significantly enhance the company's reported financial performance. The combined ratio reduction stems from accounting framework modifications rather than operational changes, demonstrating the impact of regulatory transitions on insurance sector reporting.
15Apr 26
ICICI Lombard General Insurance Executes Rs. 43.72 Crore Block Trade on NSE
ICICI Lombard General Insurance Company Ltd. completed a significant NSE block trade worth Rs. 43.72 crores, involving approximately 238,500 shares at Rs. 1833.30 per share. The transaction represents substantial institutional activity in the general insurance sector and demonstrates continued investor interest in the company's shares through large-volume trading mechanisms.
ICICI Lombard General Insurance Reports March Premium of Rs 21.85 Billion, Up 20.9% YoY
ICICI Lombard General Insurance reported premium income of Rs 21.85 billion for March, achieving a strong 20.9% year-on-year growth. This performance demonstrates the company's robust business expansion and strengthening market position in the general insurance sector.
ICICI Lombard General Insurance Faces USD 66 Million Outflows in Nifty Indices Semi-Annual Rebalancing
ICICI Lombard General Insurance faces USD 66.00 million in outflows during today's Nifty indices semi-annual rebalancing at 3 PM. The outflows reflect automatic portfolio adjustments by passive funds tracking these indices. Such rebalancing exercises occur twice yearly and can create significant trading volumes and price movements for affected stocks.