ICICI Lombard General Insurance Company Limited : Company Profile and SWOT Analysis
Timetric's "ICICI Lombard General Insurance Company Limited : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers & acquisitions, recent developments, key employees as well as company locations and subsidiaries.
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Examines and identifies key information and issues about "ICICI Lombard General Insurance Company Limited" for business intelligence requirements.
Studies and presents the company's strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported.
The profile also contains information on business operations, company history, major products and services, key employees, and locations and subsidiaries.
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ICICI Lombard General Insurance Company Limited (ICICI Lombard) is a general insurance company. The company is formed from a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited. It offers a range of insurance products for burglary, machinery, fidelity, fire and special perils, inland transit, product liability, workmen’s compensation, tractor, marine, and export credit. ICICI Lombard also offers health insurance, travel insurance, retail insurance, home insurance and motor insurance. In addition, the company provides insurance claim management services. The company operates through a network of branches. It also markets and distributes its products through agents, brokers, bancassurance, telesales, direct alliances, worksites and online channels. ICICI Lombard is headquartered in Mumbai, India.
The company reported gross written premium of INR109.6 billion during fiscal year ended March 2017(FY2017), an increase of 32.1% over FY2016. Its net premium earning was INR61.6 billion in FY2017, an increase of 27.8% over FY2016.