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Latest news with #ICICILombardGeneralInsurance

F&O cues: Analyst suggests Bear Spread for ICICI General Insurance stock
F&O cues: Analyst suggests Bear Spread for ICICI General Insurance stock

Business Standard

time5 days ago

  • Business
  • Business Standard

F&O cues: Analyst suggests Bear Spread for ICICI General Insurance stock

F&O stocks: ICICI General Insurance stock has seen a short build-up and has broken down on the daily chart with higher volumes Nandish Shah Mumbai Derivative Strategy BEAR SPREAD Strategy on ICICI Lombard General Insurance Buy ICICIGI (31-July Expiry) 1,900 PUT at ₹18.6 & simultaneously sell 1,880 PUT at ₹11.4 Lot Size: 325 Cost of the strategy: ₹7.2 (₹2,340 per strategy) Maximum profit ₹4,160 If ICICI General Insurance closes at or below 1880 on 31 July expiry. Breakeven Point: ₹1,892.8 Risk Reward Ratio: 1:1.78 Approx margin required: ₹22,000 Rationale: >> We have seen a short build-up in stock. This is indicated by an increase in Open Interest (OI) of 3 per cent, with a 2 per cent decline in the price. >> Short term trend is weak as it is placed below its 5, 11 and 20 day EMA >> Stock price has broken down on the daily chart with higher volumes. >> Momentum Indicators and Oscillators are showing weakness in stock. Note : It is advisable to book profit in the strategy when ROI exceeds 20 per cent.

ICICI Lombard net profit zooms 47.6% to Rs 746.6 crore on motor segment growth
ICICI Lombard net profit zooms 47.6% to Rs 746.6 crore on motor segment growth

New Indian Express

time15-07-2025

  • Business
  • New Indian Express

ICICI Lombard net profit zooms 47.6% to Rs 746.6 crore on motor segment growth

MUMBAI: ICICI Lombard General Insurance has reported a net profit of Rs 746.6 crore in the June quarter, up a strong 47.6% from Rs 505.9 crore in the same period a year ago, as the company had lower claims and higher premium collection from the staple motor segment. The surge was primarily driven by higher investment income and a recovery in underwriting performance, particularly in the motor segment, the company said in a statement Tuesday. Gross written premium during the quarter inched up 1.5% to Rs 805 crore from Rs 793 crore in the same quarter last year, while net written premium rose to Rs 561 crore, up 4.7% from Rs 536 crore and the net premium earned came in at Rs 513.6 crore, up 14%. Total income surged to Rs 608 crore in Q1 from Rs 535 crore, bolstered by a sharp rise in investment income. Net income from investments increased to Rs 94.3 crore, up 11.6 percent from Rs 84.45 crore.

ICICI Lombard Q1 results: Profit jumps 29% to ₹747 cr, sees income rise
ICICI Lombard Q1 results: Profit jumps 29% to ₹747 cr, sees income rise

Business Standard

time15-07-2025

  • Business
  • Business Standard

ICICI Lombard Q1 results: Profit jumps 29% to ₹747 cr, sees income rise

The private sector insurer had a profit after tax (PAT) of Rs 580 crore in the April-June period of 2024-25 fiscal year Press Trust of India New Delhi ICICI Lombard General Insurance on Tuesday reported 29 per cent growth in profit after tax at Rs 747 crore for the first quarter of the current fiscal. The private sector insurer had a profit after tax (PAT) of Rs 580 crore in the April-June period of 2024-25 fiscal year. Total income rose to Rs 6,083 crore during the June quarter FY26, from Rs 5,352 crore a year ago. Gross written premium was higher at Rs 8,053 crore as against Rs 7,931 crore in the year-ago period. Shares of ICICI Lombard closed at Rs 2,001.05, down 0.97 per cent over previous close on BSE.

Millennials lead yoga adoption with 74% practising regularly: Report
Millennials lead yoga adoption with 74% practising regularly: Report

Business Standard

time21-06-2025

  • Health
  • Business Standard

Millennials lead yoga adoption with 74% practising regularly: Report

A new study finds that 74 per cent of millennials include yoga in their daily wellness routines, making them the leading age group in regular practice, closely followed by Gen X at 70 per cent. Conducted by ICICI Lombard General Insurance with a sample of nearly 1,000 respondents across both metro and non-metro areas, the pan-India study released on International Yoga Day explores health practices, motivations, and awareness levels -- providing a snapshot of how Indians are weaving wellness into their everyday routines. "As stress and burnout become the new epidemic, yoga is not just making a comeback it's becoming a daily essential. India's timeless contribution to global health, yoga, offers a powerful, holistic path to living well. "Our latest report shows that 74 per cent of millennials now practise yoga regularly a compelling indicator that today's middle-aged are investing not just in longevity, but in ageing well," said Sheena Kapoor, head marketing, corporate communications and CSR at ICICI Lombard. The findings also reveal that yoga has moved beyond a niche practice to become mainstream in India, with 72 per cent of respondents practising it regularly and another 18 per cent doing so occasionally. However, according to the report, the gap between awareness and experience continues to be significant -- "while 66 per cent of respondents recognise that yoga can reduce stress and anxiety, only 52 per cent have personally experienced these benefits". In addition to yoga, daily walks (69 per cent) and maintaining a balanced diet (68 per cent) rank among the top health practices adopted to enhance overall well-being. The report notes that Gen X is at the forefront of embracing these habits, with men showing slightly higher participation than women. The report also highlights the rising appeal of online formats but points out that nearly half (45 per cent) of participants still favour studio classes, while 28 per cent opt for livestream sessions and 13 per cent rely on apps or pre-recorded videos.

Millennials lead yoga adoption with 74 per cent practising regularly: Report
Millennials lead yoga adoption with 74 per cent practising regularly: Report

Time of India

time21-06-2025

  • Health
  • Time of India

Millennials lead yoga adoption with 74 per cent practising regularly: Report

A new study finds that 74 per cent of millennials include yoga in their daily wellness routines , making them the leading age group in regular practice, closely followed by Gen X at 70 per cent. Conducted by ICICI Lombard General Insurance with a sample of nearly 1,000 respondents across both metro and non-metro areas, the pan-India study released on International Yoga Day explores health practices, motivations, and awareness levels -- providing a snapshot of how Indians are weaving wellness into their everyday routines. "As stress and burnout become the new epidemic, yoga is not just making a comeback - it's becoming a daily essential. India's timeless contribution to global health, yoga, offers a powerful, holistic path to living well. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo "Our latest report shows that 74 per cent of millennials now practise yoga regularly - a compelling indicator that today's middle-aged are investing not just in longevity, but in ageing well," said Sheena Kapoor, head marketing, corporate communications and CSR at ICICI Lombard. The findings also reveal that yoga has moved beyond a niche practice to become mainstream in India, with 72 per cent of respondents practising it regularly and another 18 per cent doing so occasionally. Live Events However, according to the report, the gap between awareness and experience continues to be significant -- "while 66 per cent of respondents recognise that yoga can reduce stress and anxiety, only 52 per cent have personally experienced these benefits". In addition to yoga, daily walks (69 per cent) and maintaining a balanced diet (68 per cent) rank among the top health practices adopted to enhance overall well-being. The report notes that Gen X is at the forefront of embracing these habits, with men showing slightly higher participation than women. The report also highlights the rising appeal of online formats but points out that nearly half (45 per cent) of participants still favour studio classes, while 28 per cent opt for livestream sessions and 13 per cent rely on apps or pre-recorded videos.

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