Underwriting Losses Soar, Net Income Shrinks for P&C
The $26.9 Billion Underwriting Loss is the Largest Since 2011, According to Preliminary Results from Verisk and APCIA ...
Source: globenewswire.com
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ICICI Lombard Performance For Q1 FY 2023
ICICI Lombard performance for the quarter ended June 30, 2022 | Highlights Gross Direct Premium Income (GDPI) of the Company was at ₹ 53.70 billion in Q1 FY2023 as against ₹ 41.88 billion in Q1 FY2022, growth of 28.2%. This growth was higher than the industry growth at 23.0% during the same period. Combined ratio stood at 104.1% in Q1 FY2023 as against 123.5% in Q1 FY2022.
Source: sakshi.com