2025-01-25 12:40:34 pm | Source: Motilal Oswal Financial Services Ltd
Buy ICICI Lombard Ltd For Target Rs. 2,200 by Motilal Oswal Financial Services Ltd
* Slowdown in motor segment and change in accounting for long-term health policies hurt premium growth.
* Claims environment to remain stable YoY and loss ratio improvement expected on a QoQ basis.
* Change in accounting in the health segment (for long-term policies) will result in elevated expense ratios.
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