The largest private non-life insurer, ICICI Lombard, is seeing growth in premium income coming back led by good traction in motor and fire segments. Q3 saw improvement in motor insurance which is the largest segment accounting for around 49% of total premium income.

It also reported strong profitability in the first 9 months of FY21. It was driven by good underwriting performance and healthy investment income.

In the special segment “Moneycontrol Pro Ideas For Profit”, moneycontrol.com’s Neha Dave gets details on how the stock is expected to perform going forward.

Watch the video for the in-depth analysis

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(Edited by : Abhishek Jha)