Investor Presentation

July 15, 2026 The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot C/1 Dalal Street G Block, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip code: Equity (BSE: 540716/ NSE: ICICIGI) Dear Sir/Madam, Subject: Press Release and Investor Presentation on performance review of the Company for the quarter ended June 30, 2026 In continuation to our letter dated July 15, 2026 informing about audited financial results of the Company for the quarter ended June 30, 2026. Please find enclosed herewith press release and investor presentation on performance review of the Company for the quarter ended June 30, 2026. The above information will also be made available on the Company's website at www.icicilombard.com. The audio recording and transcript of the earnings call will be hosted on the investor relations section of Company’s website at www.icicilombard.com within the prescribed regulatory timelines. You are requested to kindly take the same on your records. Thanking you. Yours Sincerely, For ICICI Lombard General Insurance Company Limited Vikas Mehra Company Secretary Encl. As above ICICI Lombard General Insurance Company Limited IRDA Reg . No. 115 CIN: L67200MH2000PLC129408 You can contact us at: Mailing Address: Registered Office: Toll free No.: 1800 2666 Sixth floor- Interface 16, ICICI Lombard House, 414, Veer Savarkar Marg, Email: customersupport@icicilombard.com Office no 601 & 602, Near Siddhi Vinayak Temple, Prabhadevi, Website: www.icicilombard.com New linking Road, Malad Mumbai - 400 025. west, Mumbai - 400064. July 15, 2026 PERFORMANCE FOR THE QUARTER ENDED JUNE 30, 2026 ICICI Lombard Profit dips on account of exceptional items; Builds momentum on new business  Gross Direct Premium Income (GDPI) of the Company, was at ₹ 83.18 billion in Q1 FY2027 compared to ₹ 77.35 billion in Q1 FY2026, a growth of 7.5%, as against the industry growth of 10.9%.  Combined ratio (CoR) on 1/n basis stood at 107.2% in Q1 FY2027 compared to 102.9% in Q1 FY2026.  On an “n” basis, the Combined ratio stood at 106.1% in Q1 FY2027 compared to 102.2% in Q1 FY 2026. Combined ratio for Q1 FY2027 included the following: -  Incurred two large losses under fire segment to the tune of ₹ 0.63 billion, impacting the CoR by 1.0%.  Judgement of the Honourable Supreme court resulted in an increase in claim reserves of ₹ 1.65 billion in our Motor TP portfolio. This had an additional impact on our combined ratio of 2.8%. o Excluding the impact of the above, the Combined ratio for Q1 FY2027 stood at 102.3% as against 102.2% for Q1 FY2026.  Investment income was at ₹ 11.74 billion in Q1 FY2027 as against ₹ 12.88 billion in Q1 FY2026. o Our capital gains (net of impairment on investment assets) stood at ₹ 1.83 billion in Q1 FY2027 compared to ₹ 3.80 billion in Q1 FY2026.  Profit before tax (PBT) de-grew by 46.1% to ₹ 5.36 billion in Q1 FY2027 compared to ₹ 9.94 billion in Q1 FY2026.  Consequently, Profit after tax (PAT) de-grew by 46.0% to ₹ 4.03 billion in Q1 FY2027 compared to ₹ 7.47 billion in Q1 FY2026. o Excluding the impact of the two large losses in Fire segment and the judgement of the Honourable Supreme Court on the Motor TP portfolio, the PAT de-grew by 23.0% and stood at ₹ 5.75 billion in Q1 FY2027  Return on Average Equity (ROAE) was at 9.6% in Q1 FY2027 compared to 20.5% in Q1 FY2026. o Return on Average Equity (RoAE), excluding the impact of the two large losses in Fire segment and the judgement of the Honourable Supreme Court on the Motor TP portfolio, was 13.6%.  Solvency ratio was at 2.71x as at June 30, 2026 as against 2.67x as at March 31, 2026 which was higher than the minimum regulatory requirement of 1.50x. Operating Performance on a 1/n basis: (₹ billion) Financial Q1 FY2026 Q1 FY2027 Growth % FY2026 Indicators GDPI 77.35 83.18 7.5% 287.12 PBT 9.94 5.36 (46.1%) 36.59 PAT 7.47 4.03 (46.0%) 27.72 Ratios on a 1/n basis: Financial Indicators Q1 FY2026 Q1 FY2027 FY2026 ROAE – Annualised 20.5% 9.6%* 17.8% Combined Ratio (CoR) 102.9% 107.2%** 103.4% *Return on Average Equity (RoAE), excluding the impact of the two large losses and the judgement of the Honourable Supreme Court on the Motor TP portfolio, was 13.6%. **Combined Ratio, excluding the impact of the two large losses and the judgement of the Honourable Supreme Court on the Motor TP portfolio, was 103.4% Notes: Combined Ratio = (Net Incurred Claims/ Net Earned Premium) + (Management Expenses – Commission on Reinsurance)/ Net Written Premium Management Expenses = Commission Paid Direct + Commission Paid on Reinsurance inward + Operating expenses related to insurance business Return on Average Equity (ROAE) = Profit After Tax / ((Opening Net Worth + Closing Net Worth)/2) Net Worth = Share Capital + Reserves & Surplus About ICICI Lombard General Insurance Company Limited ICICI Lombard is the leading private general insurance company in the country. The Company offers a comprehensive and well-diversified range of products through multiple distribution channels, including motor, health, crop, fire, personal accident, marine, engineering, and liability insurance. With a legacy of over 25 years, ICICI Lombard is committed to customer centricity with its brand philosophy of ‘Nibhaye Vaade’. The company has issued over 39.2 million policies, over 3.4 million claims processed and has a Gross Written Premium (GWP) of ₹ 306.18 billion for the year ended March 31, 2026. ICICI Lombard has 341 branches and 15,008 employees, as on March 31, 2026. ICICI Lombard has been a pioneer in the industry, being the first large-scale insurance company in India to migrate its entire core systems to the cloud. With a strong focus on being digitally-led and agile, the company has introduced multiple AI-powered insurance solutions. The company’s flagship insurance and wellness app, IL TakeCare, which has received over 21.0 million downloads, also offers the industry’s first Face Scan feature. The company has won several prestigious awards- including the Insurance Asia, ICC Emerging Asia Insurance, ET BFSI Exceller, ET Corporate Excellence, Golden Peacock, FICCI Insurance, Assocham, Stevie Asia Pacific, and National CSR in recognition of its various initiatives. For more details log on to https://www.icicilombard.com/. For further press queries, please get in touch with Ms. Rima Mane +91 99877 87103 or send an email to rima.mane@icicilombard.com / corporate.communication@icicilombard.com. For investor queries please get in touch with Mr. Delzad D.T. Jivaasha 022 61961282 or send an email to ir@icicilombard.com. Disclaimer Except for the historical information contained herein, statements in this release which contain words or phrases such as 'will', 'would', ‘indicating’, ‘expected to’ etc., and similar expressions or variations of such expressions may constitute 'forward- looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to successfully implement our strategy, our growth and expansion in business, the impact of any acquisitions, technological implementation and changes, the actual growth in demand for insurance products and services, investment income, cash flow projections, our exposure to market risks, policies and actions of regulatory authorities; impact of competition; the impact of changes in capital, solvency or accounting standards, tax and other legislations and regulations in the jurisdictions as well as other risks detailed in the reports filed by ICICI Bank Limited, our holding company with the United States Securities and Exchange Commission. ICICI Bank and we undertake no obligation to update forward-looking statements to reflect events or circums [Showing first 8,000 characters — download PDF for full document]