Mumbai (Maharashtra) [India], Apr 17 (ANI): ICICI Lombard General Insurance on Saturday posted 23 per cent year-on-year jump in its March quarter (Q4 FY21) net profit at Rs 346 crore as compared to Rs 282 crore in Q4 FY20.
Second wave pushes Covid health claims up 27% at 10 lakh
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Second wave pushes Covid health claims up 27% at 10 lakh
Mamtha Asokan / TNN / Updated: Apr 3, 2021, 09:15 IST
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CHENNAI: Health insurance claims related to Covid have jumped to 9.9 lakh worth Rs 14,500 crore, up 27% from 7.8 lakh claims worth Rs 11,850 crore as on January 31, according to sources in the General Insurance Council.
The surge follows the second wave of infections that hit the country in February 2021. ICICI Lombard General Insurance’s head of claims Sanjay Datta said that March 2021 has recorded last year’s peak figures driven by claims filed from Maharashtra.
Bajaj Allianz General Insurance’s head of health claims Bhaskar Nerurkar said, “Claims applied for Covid treatment have gone up by 50% at 150 claims per day in March, as compared to the lowest recorded in January at 100 claims per day.”
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The interim dividend will be paid to those Shareholders whose names appear in the record of the Company/Depository as on the Record Date i.e. Friday, March 19, 2021 ICICI Lombard board approves interim dividend of Rs 4 per equity share | Photo Credit: BCCL
New Delhi: The Board of Directors of ICICI Lombard General Insurance on Friday said that its board has approved an interim dividend of Rs 4 per equity share and will be paid on or before April 4, 2021.
In a regulatory filing, the company said that Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), we wish to inform you that the Board of Directors of the Company at their Meeting held today i.e. Friday, March
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NEW DELHI: ICICI Lombard General Insurance has approved an interim dividend of Rs 4 per share for the current fiscal in the midst of a pandemic year as also the sectoral regulator asking insurers to take a conscious call on dividends due to pandemic-induced economic stress. We wish to inform you that the board of directors of the company at their meeting held today i.e. Friday, March 5, 2021 in Mumbai, has approved declaration and payment of interim dividend of Rs 4 per equity share i.e. at the rate of 40 per cent of face value of Rs 10 each, for FY2021,