Should investors rejoice over faster Q3 premium growth or worry about the net profit decline?
ICICI Lombard General Insurance Co. Ltd’s shares fell on Wednesday, despite the sharp acceleration in its gross domestic premium income (GDPI) growth rate to 13.3% in the December quarter (Q3FY26). This is the first time in FY26 that the company’s growth rate exceeded the industry’s 11.5% growth. Nearly 70% of the incremental GDPI came from…

