ICICI Lombard General Insurance Company informs about credit rating

02 Mar 2024 Evaluate

Pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ICICI Lombard General Insurance Company has informed that the AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb+’ (Good) of the Company. Concurrently, AM Best has assigned the India National Scale Rating of aaa.IN (Exceptional) to the Company. The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect the Company’s balance sheet strength, which AM Best assesses as very strong, as well as strong operating performance, neutral business profile and appropriate enterprise risk management. The copy of the press release issued by AM Best as received by the Company on March 1, 2024 at 07:57 pm enclosed. The above disclosure will also be available on the Company’s website at www.icicilombard.com. 

The above information is a part of company’s filings submitted to BSE.

ICICI Lombard Gen. Share Price

1940.00 12.75 (0.66%)
31-Oct-2024 16:01 View Price Chart
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