ICICI Lombard General Insurance saw an 18% net profit increase in Q2 FY26 despite a 1.9% dip in gross direct premium income. The insurer’s combined ratio edged up to 105.1%, with a dividend of ₹6.5 per share declared. The company maintains a solvency ratio of 2.73x, exceeding regulatory requirements.
Oil Price Today (May 1): Crude oil holds above $110/barrel. What lies ahead?
Oil prices stay above $110 a barrel as the Middle East conflict enters its second month. The Strait of Hormuz remains blocked, impacting global supply.