ICICI Lombard Q2 PAT up 18%, interim dividend declared

ICICI Lombard General Insurance reported a consolidated net profit of ₹820 crore in Q2 FY26, up 18% year-on-year from ₹694 crore. Gross Direct Premium Income (GDPI) fell 1.9% YoY to ₹6,596 crore, though excluding crop and mass health segments, GDPI rose 3.5%. The board declared an interim dividend of ₹6.50 per share. The combined ratio increased to 105.1%, while ROAE stood at 21.4%, reflecting solid underwriting performance and capital ratios. Source: Moneycontrol / Business Standard