COMPANY INTELLIGENCE PROFILE
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED
India's largest private-sector general insurance company.
Business Overview
India's largest private-sector general insurance company. Originally a JV between ICICI Bank and Fairfax Financial Holdings (Fairfax fully exited by 2019). Product lines span motor, health & personal accident, travel, home, marine, fire and commercial/liability insurance. Distribution via agents, brokers, bancassurance and digital channels. Listed on NSE and BSE in September 2017.
Sector & Classification
General insurance / non-life insurance (Finance - General Insurance); IRDAI Registration No. 115
Directors & Key Management
Directors — source notes
Sanjeev Radheyshyam Mantri (07192264, Managing Director & CEO); Murali Sivaraman (01461231, Director/Chairman); Ved Prakash Chaturvedi (00030839, Director); Sandeep Batra (03620913, Director); Rakesh Jha (00042075, Director); Preeti Reddy (07248280, Director); Antony Jacob (00210724, Director)
GST Registrations
Primary GSTIN: 27AAACI7904G1ZN (Maharashtra); PAN: AAACI7904G; Active; 37 registrations (ICICI Lombard)
Financials
FY25 (year ended 31 Mar 2025): Gross Direct Premium Income Rs 26,833 crore (up 8.3% YoY); Profit Before Tax Rs 3,321 crore; Profit After Tax Rs 2,508 crore (up 30.7% YoY); Return on Average Equity 19.1%; Combined Ratio 102.8%; Solvency ratio 2.69x (regulatory minimum 1.50x). Net worth/total assets: not obtained precisely (net worth in the ~Rs 13,000-14,000 crore range implied by ROAE but not directly captured).
Funding History
n/a (listed; IPO Sep 2017). Historically a JV of ICICI Bank and Fairfax Financial Holdings; Fairfax fully exited by 2019.
Loans & Charges
No registered charges (per Tofler). As an insurer it raises subordinated debt (rated CRISIL AAA) rather than secured borrowings.
Credit Ratings
CRISIL AAA/Stable (subordinated debt); AM Best India National Scale Rating aaa.IN (Exceptional), with international financial-strength rating and a positive outlook revision noted; ICRA rating also on file.
Legal & Compliance
None specifically found beyond routine insurance-claim litigation ordinary to the sector; no material adverse case identified in reliable sources.
Competitive Landscape
Largest private general (non-life) insurer. Key competitors: Bajaj Allianz General (GWP ~₹20,000 Cr); HDFC ERGO (GWP ~₹19,000 Cr); Tata AIG (GWP ~₹15,000 Cr); New India Assurance (GWP ~₹40,000 Cr (PSU #1)); Go Digit (GWP ~₹9,000 Cr; m-cap ~₹30,000 Cr).
Frequently Asked Questions
What does ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED do?
India's largest private-sector general insurance company.
What is the CIN of ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED?
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED's Corporate Identification Number (CIN) is L67200MH2000PLC129408.
When was ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED incorporated?
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED was incorporated on 30 October 2000 and is registered with RoC-Mumbai (Maharashtra).
Who are the directors of ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED?
Directors on record include Sanjeev Radheyshyam Mantri (DIN 07192264); Murali Sivaraman (DIN 01461231); Ved Prakash Chaturvedi (DIN 00030839); Sandeep Batra (DIN 03620913); Rakesh Jha (DIN 00042075); Preeti Reddy (DIN 07248280); Antony Jacob (DIN 00210724).
Where is ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED registered?
The registered office of ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED is at ICICI Lombard House, 414, Veer Savarkar Marg, Near Siddhivinayak Temple, Prabhadevi, Mumbai, Maharashtra 400025.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it. Known gaps: GSTINs not obtained; precise net worth and total assets not captured; full RPT schedule and ICRA rating grade not individually verified. Falconebiz page was CAPTCHA-blocked.