ICICI Lombard General Insurance Company on Tuesday reported a net profit of Rs 820 crore for the July-September period, marking 8.2 per cent growth over the corresponding period a year ago. The private sector insurer's quarterly profit exceeded analysts' expectations by a wide margin.

ICICI Lombard Q2 Earnings | PAT and premium income vs estimates

The general insurance company's second-quarter premium income grew to Rs 5,652 crore from Rs 5,026 crore a year ago, according to a regulatory filing.

According to Zee Business research, ICICI Lombard's September-quarter net profit was estimated at Rs 690 crore.

Add Zee Business as a Preferred Source

The insurer's combined ratio -- an important metric that determines an insurer's core profitability -- improved to 105.1 per cent for the quart

See Full Page