ICICI Lombard General Insurance — Financial Performance
ICICI Lombard General Insurance's combined ratio was 107.2% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
Quarterly financial ratios — Q1 FY25-26 to Q1 FY26-27
| Metric | Q1 FY26-27 | Q4 FY25-26 | Q3 FY25-26 | Q2 FY25-26 | Q1 FY25-26 |
|---|---|---|---|---|---|
| incurred claims ratio | 76.4%+3.4 pts | 70.8% | 68.7% | 72.1% | 73.0% |
| net commission ratio | 18.9%+2.1 pts | 18.3% | 22.5% | 19.1% | 16.8% |
| expense ratio to gross premium | 28.8%+1.0 pts | 32.1% | 26.5% | 31.9% | 27.8% |
| combined ratio | 107.2%+4.3 pts | 101.2% | 104.5% | 105.1% | 102.9% |
| solvency ratio | 2.00×+0.00× | 2.00×−0.69× | 2.00×−0.36× | 2.73×+0.08× | 2.00×−0.56× |
| profit before tax | ₹536 crore−46.1% | ₹718 crore | ₹870 crore | ₹1,077 crore | ₹994 crore |
| profit after tax | ₹403 crore−46.0% | ₹547 crore | ₹659 crore | ₹820 crore | ₹747 crore |
The small figure under each number is the change from the same quarter a year earlier — in percentage points for ratios, as a percentage change for profit before/after tax. Shown only where this insurer has a filing from exactly that quarter a year ago; no figure means that comparison isn't available, not that nothing changed.
Expense ratio shown on a gross-direct-premium basis (GDP), per IRDAI's 2021 reform — not directly comparable to an insurer's net-written-premium (NWP) basis figure if quoted elsewhere. "Not disclosed" means this insurer's filing for that quarter didn't include this figure — not an estimate.
Full-year financial ratios
These are the insurer's own full-year figures, as filed with IRDAI for the whole fiscal year — not the same as adding up four quarters, since each quarter's own number above is a standalone snapshot for that quarter alone.
| Metric | FY25-26 |
|---|---|
| incurred claims ratio | 71.1% |
| net commission ratio | 19.2% |
| expense ratio to gross premium | 31.7% |
| combined ratio | 103.4% |
Provenance (combined ratio, latest quarter)
- Reported by
- ICICI Lombard General Insurance
- Regulatory form
- NL-20-ANALYTICAL-RATIOS · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- 2026-06-30_nl-20.pdf · ICICI Lombard General Insurance's disclosure page
- Extracted by
- nonlife_adapter.py v1
- Last verified
- 2026-09-10
- Note
- NL-20 row-format label match: combined_ratio