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solvency ratio News

ICICI Lombard Reports a Stunning 68% Surge in Q3 Net Profit to Rs 724 Crore

Emily Rodriguez 18 Jan, 2025

ICICI Lombard announced a 68% increase in Q3 net profit to Rs 724 crore, despite a slight decline in gross direct premium income. The solvency ratio remains strong at 2.36x, above ...

Business

HDFC Life Announces a 14% Surge in Q3 Profits to Rs 415 Crore

Jessica Bennett 15 Jan, 2025

HDFC Life reported a 14% increase in Q3 profits to Rs 415 crore, despite a decline in total income. The company's solvency ratio remains strong, highlighting its financial stabilit...