ICICI Lombard General Insurance Company Ltd

ICICI Lombard General Insurance Company Ltd announced an interim dividend of ₹7.0 per equity share (70% of face value) for FY2027. The Board of Directors approved this on October 14, 2026. Key dates include a record date of October 23, 2026, and a dividend payout date on or before November 12, 2026. The company will deduct Tax Deducted at Source (TDS) as per the Income-tax Act, 2025, with rates varying based on shareholder residency and PAN status. Resident shareholders will face a 10% TDS, or 20% if PAN is invalid or not provided. Certain resident shareholders, like insurance companies and government entities, may be eligible for nil or lower TDS upon providing specific documentation. Non-resident institutional shareholders will be subject to TDS under Section 210 at 20%.

ICICI Lombard General Insurance Company Ltd announced that its Board of Directors has approved the declaration and payment of an interim dividend of ₹7 per equity share for the financial year ending March 31, 2027. This decision was made following the recommendation of the Audit Committee during a Board Meeting held on October 14, 2026. The dividend represents 70% of the face value of ₹10 per share. The record date for determining eligible shareholders is October 23, 2026, and the dividend will be paid on or before November 12, 2026, subject to tax deductions. The Board also approved the audited financial statements for the quarter and half-year ended September 30, 2026.

ICICI Lombard General Insurance Company Ltd announced the declaration and payment of an interim dividend of ₹7 per equity share (70% of face value) for the financial year ending March 31, 2027. The record date for this dividend has been fixed as Friday, October 23, 2026. The company's Board of Directors, at a meeting held on October 14, 2026, also approved the audited financial statements for the half-year and quarter ended September 30, 2026. The interim dividend will be paid on or before Thursday, November 12, 2026, subject to tax deductions.

ICICI Lombard General Insurance Company Ltd announced the approval of Audited Financial Statements for the half-year ended September 30, 2026, and for the quarter and half-year ended September 30, 2026. The Board of Directors also approved an interim dividend of ₹7 per equity share (70% of face value ₹10) for the financial year ending March 31, 2027. The record date for this dividend is October 23, 2026, and payment is scheduled on or before November 12, 2026.

ICICI Lombard's standalone Q2 FY27 net profit came in at ₹946.40 Cr, up 15.5% YoY from ₹819.54 Cr, on revenue (premium earned plus investment income) of ₹7,812.70 Cr, up 19.3% YoY. The QoQ jump looks dramatic — PAT up 134.7% from Q1's ₹403.17 Cr — but that comparison is misleading: Q1 FY27 profit was depressed by a one-off, prudently provisioned hit from the Supreme Court's Motor Third-Party reserve judgement, so the sequential rebound is largely a low-base effect rather than fresh operating strength. On a YoY basis, the primary comparison, PAT growth (15.5%) trailed revenue growth (19.3%), meaning the bottom line grew slower than the top line. The margin picture is mixed-to-weaker underneath the headline profit growth. The combined ratio widened to 107.0% from 105.1% a year ago, and the Expenses of Management ratio jumped to 36.3% from 31.9% YoY — both signal underwriting profitability deteriorated even as reported PAT rose, with the gap made up by stronger investment income (policyholder + shareholder investment income rose to ₹1,568 Cr combined, versus ₹1,217 Cr a year ago). By segment, Motor improved — underwriting loss narrowed to ₹32.66 Cr from ₹71.72 Cr YoY on 9.0% premium growth to ₹2,974.92 Cr — but Health was the clear drag: Health Group Corporate's underwriting loss widened sharply to ₹300.90 Cr from ₹96.99 Cr YoY, and Health Retail flipped from a ₹1.67 Cr underwriting profit to a ₹77.46 Cr loss. No reliable Street consensus for this specific quarter's PAT could be sourced; prior brokerage commentary after the Q1 miss had already cut FY27 PAT estimates roughly 14% and modelled full-year PAT roughly flat YoY, so vsStreet is left unknown rather than guessed. Against management's own July concall guidance — continued momentum in Motor and Health, an expected upward revision in Motor TP premium rates, and a focus on profitable growth via digital/operational efficiency — the quarter is a mixed scorecard: Motor's narrower underwriting loss and premium growth track the guided TP-rate tailwind, but Health's underwriting loss widening materially contradicts the 'continued momentum' framing, so the guidance is better read as missed on the profitability dimension even as the Motor book improved. Cumulative H1 FY27 PAT of ₹1,349.57 Cr remains 13.9% below H1 FY26's ₹1,566.62 Cr, underscoring that Q1's provisioning hit has not yet been fully recovered. The quarter's results came alongside an interim dividend declaration of ₹7 per share (record date October 23, 2026) and a GST demand (revised down to ₹3.34 lakh post-appeal) that is immaterial to the P&L. No management press release was available in the context to cross-check the company's own framing of the print.

ICICI Lombard General Insurance Company Ltd has received an order from the Joint Commissioner (Appeals-I), Hyderabad, confirming a GST demand of ₹2,41,82,080/-, interest of ₹1,47,485/-, and a penalty of ₹2,64,01,686/- for the period July 2017 to March 2018. This order upholds the initial demand raised by the Assistant Commissioner of Central Tax. The company had previously filed an appeal against the original order. The grounds for the confirmation include issues related to the computation of eligible input tax credit, undischarged interest liability for alleged delayed tax payments, and differences in tax liabilities due to discrepancies in filed returns. The company stated that there is no immediate financial impact as the total demand, including interest and penalty, is already accounted for as a contingent liability. ICICI Lombard plans to pursue further legal options, including filing a writ petition.

ICICI Lombard General Insurance Company Ltd has received an order from the Additional Commissioner of CGST (Appeals-I), Chennai, partially allowing their appeal against a GST demand. The original net GST demand of ₹2,563,372/- (GST + Penalty) for the period July 2017 to March 2020 has been revised. The new demand includes a GST demand of ₹3,34,646/-, interest under Section 50, and a penalty of ₹97,751/-. The company is evaluating further legal options, including filing a writ petition, to contest this revised demand. The company states there is no immediate financial impact at this stage.

ICICI Lombard General Insurance Company Ltd has provided links to video presentations for their upcoming Digital Day Meet 2026. This follows a previous intimation on September 29, 2026. The company assures that no unpublished price sensitive information will be disclosed during the meeting. The links provided are for videos related to 'risk' and 'claim'. The disclosure will also be available on the company's website.

ICICI Lombard General Insurance Company Ltd has shared a presentation from its Analyst Digital Day Meet 2026. The presentation highlights India's significant headroom for growth in the general insurance market, driven by strong economic expansion, favorable demographics, and accelerating digital adoption. Despite a low insurance penetration rate of approximately 1% of GDP compared to the global average of 4.3%, the company sees substantial opportunities in motor, health, and commercial lines. Structural changes and reforms are strengthening the GI market, with initiatives like 'No Insurance, No Fuel' and risk-based capital requirements. No unpublished price-sensitive information was shared.

ICICI Lombard General Insurance Company Ltd has scheduled a Board of Directors meeting on October 14, 2026. The board will consider and approve the Audited Financial Results and Audited Financial Statements for the quarter and half-year ended September 30, 2026. Additionally, the declaration of an Interim Dividend for FY2027 will be discussed, if any. In compliance with SEBI regulations, the trading window for designated persons and their immediate relatives will be closed from October 1, 2026, to October 16, 2026, due to this upcoming announcement.