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VERIFIEDMint Companies·negative

ICICI Lombard flags unsustainable fire insurance premium after Q1 profit drops

AI Summary
  • ·ICICI Lombard has flagged aggressive fire insurance pricing as unsustainable.
  • ·The company's profit dropped in Q1.
  • ·A Supreme Court ruling expanding compensation for homemakers' unpaid domestic work in motor accident claims impacted the company.
ICICIGI
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