|
12 Sep 2025 |
ICICI Lombard
|
Consensus Share Price Target
|
1870.90 |
2120.46 |
- |
13.34 |
buy
|
|
|
|
|
28 Jun 2023
|
ICICI Lombard
|
Motilal Oswal
|
1870.90
|
1550.00
|
1332.70
(40.38%)
|
Target met |
Buy
|
|
|
|
|
26 May 2023
|
ICICI Lombard
|
ICICI Securities Limited
|
1870.90
|
1634.00
|
1099.95
(70.09%)
|
Target met |
Buy
|
|
|
We hosted the senior management of ICICI Lombard General Insurance Company (ICICIGI) at our Singapore conference. Company was represented by Gopal Balachandran, CFO, and Anckur Kanwar, deputy CFO and Head Reinsurance.
|
|
27 Apr 2023
|
ICICI Lombard
|
Geojit BNP Paribas
|
1870.90
|
1169.00
|
1066.10
(75.49%)
|
Target met |
Hold
|
|
|
|
|
20 Apr 2023
|
ICICI Lombard
|
Sharekhan
|
1870.90
|
1400.00
|
1076.25
(73.84%)
|
Target met |
Buy
|
|
|
|
|
20 Apr 2023
|
ICICI Lombard
|
Sharekhan
|
1870.90
|
1400.00
|
1076.25
(73.84%)
|
Target met |
Buy
|
|
|
|
|
19 Apr 2023
|
ICICI Lombard
|
ICICI Securities Limited
|
1870.90
|
1634.00
|
1076.20
(73.84%)
|
Target met |
Buy
|
|
|
The combined ratio (COR) for ICICI Lombard (ICICIGI) remained elevated at 104.2/104.5% in Q4FY23/FY23. Recovery in motor loss ratio and traction in health (group as well as retail) remain the key investment theses. While motor loss ratio remains elevated (motor OD and motor TP FY22/FY23 loss ratio stood at 68/72.6% and 74/72%, respectively), there has been 31% YoY growth in retail health agency vertical in Q4FY23.
|
|
19 Apr 2023
|
ICICI Lombard
|
ICICI Direct
|
1870.90
|
1250.00
|
1076.20
(73.84%)
|
Target met |
Hold
|
|
|
|
|
18 Apr 2023
|
ICICI Lombard
|
Motilal Oswal
|
1870.90
|
1400.00
|
1130.75
(65.46%)
|
Target met |
Buy
|
|
|
|
|
29 Mar 2023
|
ICICI Lombard
|
ICICI Securities Limited
|
1870.90
|
1445.00
|
1073.20
(74.33%)
|
Target met |
Buy
|
|
|
We attended the Digital Day of ICICI Lombard held in their Mumbai office, 28th Mar’23. Management detailed the company’s digital enterprise strategy in: (1) partnerships in financial services, (2) healthcare, (3) SME, (4) logistics and infrastructure, (5) automobiles, and (6) service and sales strategy with measurable parameters and interesting use case illustrations.
|
|
19 Jan 2023
|
ICICI Lombard
|
ICICI Securities Limited
|
1870.90
|
1445.00
|
1200.15
(55.89%)
|
Target met |
Buy
|
|
|
The combined ratio (COR) for ICICI Lombard (ICICIGI) remained elevated at 104.4% in Q3FY23 and 104.6% in 9MFY23. Recovery in motor loss ratios and traction in health (group as well as retail) have been the investment thesis for quite some time now and is still relevant.
|