01-01-1970 12:00 AM | Source: Accord Fintech
ICICI Lombard General Insurance gains on launching latest 14 new insurance solutions
News By Tags | #21 #6241 #572

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ICICI Lombard General Insurance Company is currently trading at Rs. 1262.25, up by 2.60 points or 0.21% from its previous closing of Rs. 1259.65 on the BSE.

The scrip opened at Rs. 1251.00 and has touched a high and low of Rs. 1268.40 and Rs. 1216.60 respectively. So far 5907 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1674.00 on 22-Sep-2021 and a 52 week low of Rs. 1070.95 on 13-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1290.45 and Rs. 1216.60 respectively. The current market cap of the company is Rs. 61981.34 crore.

The promoters holding in the company stood at 48.03%, while Institutions and Non-Institutions held 40.37% and 11.59% respectively.

ICICI Lombard General Insurance Company has launched its latest line-up of 14 new or enhanced insurance solutions, including riders/add-ons and upgrades across Health, Motor, Travel and Corporate segments. The product suite shall transform the way consumers experience insurance, providing them a seamless journey and tech-enabled solutions.

The insurance industry is now seeing new types of risks emerging, be it pandemic, climate change or data privacy and this calls for comprehensive coverage steered by the changing customer behaviour and driven by the advent of new technological solutions and opportunities. This was the core thought behind the new offerings and propelled by the recent revolutionary announcement of ‘Use and File’ framework from the IRDAI (Insurance Regulatory and Development Authority).

ICICI Lombard General Insurance Company offers its customers a comprehensive and well-diversified range of products, including motor, health, crop/weather, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels.