Retail22 Shares | ₹ 14,542/-Price Band & Lot Size₹ 651 - 661
Net Issue Size₹5,651 Cr - ₹5,700
Company background:
ICICI Lombard is the largest non-life private sector insurer in India. It is a JV between ICICI Bank and Fairfax Financial Holdings Ltd of Canada. Backed by strong parentage, and under penetration of non-life insurance business in India.
Investment rationale
1. It has leadership position among private general insurers
2. It has higher share of business from the low loss ratio segments
3. Growth driven by strong parentage & wide distribution network
4. It has a strong solvency ratio as compared to prescribed by IRDA
Nice yrr Deepak
ReplyDeleteI will share this as much as I can
ReplyDeleteYour insurance services are very affordable and you give good prices to your customers. Compass Claims is providing quality insurance services from many years.
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