ICICI Lombard General Insurance Co Ltd 2020 AR2
The report highlights ICICI Lombard General Insurance Company Limited's performance for the fiscal year 2020, focusing on its sustainable value creation and integration of ESG principles. The company achieved a Gross Direct Premium Income of INR 133.13 billion and a Profit After Tax of INR 11.94 billion, maintaining its market leadership among private sector non-life insurers in India. Key sustainability initiatives included the 'Ride to Safety' road safety campaign, which distributed 33,000 helmets, and the 'Caring Hands' eye screening camps that benefited over 43,000 underprivileged children. Additionally, the company advanced its digital transformation, processing 96.5% of policies electronically and pioneering AI-enabled health and motor claims processing.
Company: ICICI Lombard General Insurance Co Ltd
Sector: Finance & insurance
Country: India
Year: 2020
Type: AR2
Pages: 271
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ICICI Lombard General Insurance Co Ltd
Annual Report
The report highlights ICICI Lombard General Insurance Company Limited's performance for the fiscal year 2020, focusing on its sustainable value creation and integration of ESG principles. The company achieved a Gross Direct Premium Income of INR 133.13 billion and a Profit After Tax of INR 11.94 billion, maintaining its market leadership among private sector non-life insurers in India. Key sustainability initiatives included the 'Ride to Safety' road safety campaign, which distributed 33,000 helmets, and the 'Caring Hands' eye screening camps that benefited over 43,000 underprivileged children. Additionally, the company advanced its digital transformation, processing 96.5% of policies electronically and pioneering AI-enabled health and motor claims processing.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Published
May 2, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees