ICICI Lombard

From Wikipedia, the free encyclopedia
Jump to: navigation, search
ICICI Lombard General Insurance Company Ltd
Public Listed Company
Industry Insurance
Founded 2001
Headquarters Mumbai, India
Key people
Bhargav Dasgupta, MD[1]
Products General insurance
Increase 1.44 billion (US$22 million)
Number of employees
4,634 (as March 2010)
Parent ICICI Bank, Fairfax Financial
Website www.icicilombard.com

ICICI Lombard General Insurance Company Limited is a joint venture between ICICI Bank Limited, India's second largest bank with total assets of over USD 99 billion at 31 March 2014 and Fairfax Financial Holdings Limited, a Canada based USD 37 billion diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management.[2] ICICI Lombard GIC Ltd. is the largest private sector general insurance company in India with a Gross Written Premium (GWP) of Rs 71.34 billion for the year ended 31 March 2014. The firm offers policy issuance and renewal through its website. It markets assurance products including Car Insurance, Health Insurance, International Travel Insurance, Overseas Student Travel Insurance, Two Wheeler Insurance, and Home Insurance. ICICI Lombard has 221 branches spread across the nation.[citation needed]

History[edit]

Established in 2001, ICICI Lombard General Insurance Company is a joint venture between ICICI Bank- India’s largest private bank and Fairfax financial Holdings Limited- financial Services Company based in Toronto. ICICI bank has 74% stake in the venture while Fairfax has the rest in the venture. ICICI Lombard General Insurance is the largest private sector general insurance company in India.[citation needed]

Product and Services[edit]

  • ICICI Lombard Health Insurance
  • ICICI Lombard Overseas Student Medical Insurance
  • International Travel insurance
  • ICICI Lombard Home Insurance
  • ICICI Lombard Car Insurance

References[edit]

  1. ^ "Board of Directors & Key Persons - ICICI Lombard". Retrieved 27 November 2014. 
  2. ^ "About ICICI Lombard". Retrieved 26 November 2014. 

External links[edit]