ICICI Lombard: FY26 Targets 18-20% RoE Amid Profitable Growth Push | Gopal Balachandran | ET Now #ETNOW
ICICI Lombard: FY26 Targets 18-20% RoE Amid Profitable Growth Push | Gopal Balachandran | ET Now
ICICI Lombard’s CFO Gopal Balachandran outlines FY26 optimism, emphasizing profitable growth via prudent underwriting. H1 showed sequential gross premium dip due to corporate renewals and lower crop insurance, but YoY improvements in combined ratios (103.9%) and ROE (20%) signal stronger momentum. Group health opportunistic; motor selective amid reforms boosting retail share to 4%.
#icicilombard #fy26outlook #insurancegrowth #combinedratio #roe #grouphealth #motorinsurance #gstreforms #underwriting #earningscall #etnow
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