In financial year 2020, the private insurance company, ICICI Lombard recorded an 10 percent growth rate in insurance premiums for its own-damage motor segment. This was a decrease compared to even higher growth rates during the previous three financial years.
Growth rate of ICICI Lombard own-damage motor insurance premiums across India from financial year 2015 to 2020
Characteristic
Premium growth rate
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HDFC Securities. (March 23, 2020). Growth rate of ICICI Lombard own-damage motor insurance premiums across India from financial year 2015 to 2020 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1078326/india-icici-lombard-motor-own-damage-insurance-premium-growth-rate/
HDFC Securities. "Growth rate of ICICI Lombard own-damage motor insurance premiums across India from financial year 2015 to 2020." Chart. March 23, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1078326/india-icici-lombard-motor-own-damage-insurance-premium-growth-rate/
HDFC Securities. (2020). Growth rate of ICICI Lombard own-damage motor insurance premiums across India from financial year 2015 to 2020. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1078326/india-icici-lombard-motor-own-damage-insurance-premium-growth-rate/
HDFC Securities. "Growth Rate of Icici Lombard Own-damage Motor Insurance Premiums across India from Financial Year 2015 to 2020." Statista, Statista Inc., 23 Mar 2020, https://www.statista.com/statistics/1078326/india-icici-lombard-motor-own-damage-insurance-premium-growth-rate/
HDFC Securities, Growth rate of ICICI Lombard own-damage motor insurance premiums across India from financial year 2015 to 2020 Statista, https://www.statista.com/statistics/1078326/india-icici-lombard-motor-own-damage-insurance-premium-growth-rate/ (last visited August 25, 2024)
Growth rate of ICICI Lombard own-damage motor insurance premiums across India from financial year 2015 to 2020 [Graph], HDFC Securities, March 23, 2020. [Online]. Available: https://www.statista.com/statistics/1078326/india-icici-lombard-motor-own-damage-insurance-premium-growth-rate/