{"id":138707,"date":"2023-01-17T09:46:26","date_gmt":"2023-01-17T14:46:26","guid":{"rendered":"https:\/\/44.250.171.167\/?p=138707"},"modified":"2023-01-17T09:46:27","modified_gmt":"2023-01-17T14:46:27","slug":"icici-lombard-general-insurance-co-ltd-for-q3fy23-reports-an-11-growth-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q3fy23-reports-an-11-growth-in-profits\/","title":{"rendered":"ICICI Lombard General Insurance Co Ltd. for Q3FY23 reports an 11% growth in Profits"},"content":{"rendered":"\n

Gross Direct Premium Income for 32 FY23 has increased by 17% YoY to \u20b9 54.93 billions. Profit After Tax rose by 11% YoY to \u20b9 4.65 billions. Income from Premiums grew by 15% YoY and Income from Investments grew by 9% YoY for Q3 FY 2023. Combined Ratio fell to 104.5% from 104.4% a year ago in the corresponding quarter.<\/p>\n\n\n\n

Return on Average Equity for Q3FY23 is 14.3%. Profit Before Tax (PBT) rose to \u20b9 3.53 Billions showcasing an 11% rise on an YoY basis. In this quarter\u2019s\u00a0investor presentation<\/a>, firm showcases it\u2019s strong profitability.<\/p>\n\n\n\n

To further read a detailed analysis of the company, check out this link<\/a>.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"

Gross Direct Premium Income for 32 FY23 has increased by 17% YoY to \u20b9 54.93 billions. Profit After Tax rose by 11% YoY to \u20b9 4.65 billions. Income from Premiums grew by 15% YoY and Income from Investments grew by 9% YoY for Q3 FY 2023. Combined Ratio fell to 104.5% from 104.4% a year […]<\/p>\n","protected":false},"author":1885,"featured_media":138708,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1,6350],"tags":[10097,811,8233],"class_list":["post-138707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","category-trending-stocks","tag-financial-service","tag-insurance","tag-insurance-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/Q3FY23-ICICIGI.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":134861,"url":"https:\/\/alphastreet.com\/india\/icici-lombard-general-insurance-co-ltd-for-q2fy23-reports-a-32-growth-in-profits\/","url_meta":{"origin":138707,"position":0},"title":"ICICI Lombard General Insurance Co Ltd. for Q2FY23 reports a 32% growth in Profits","author":"Karan_Singh","date":"October 18, 2022","format":false,"excerpt":"Total Income for Q2 FY23 has increased by 18% YoY to \u20b9 4,49,903 lakhs. 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