ICICIGI CMP 1938. TARGET 1987. SL 1920.

ICICIGI CMP 1938. TARGET 1987. SL 1920.

The company’s Gross Direct Premium Income (GDPI) grew 8.3% in FY2025, outpacing the broader industry (+6.2%). Earlier in H1 FY25 (Q2), GDPI surged 10.4%, compared to a modest 2% industry growth—highlighting robust demand across product segments. Analysts highlighted a 24% EPS beat for Q3 and projects revenue growth of ~12% annually over the next 3 years—surpassing the industry average (~8%). Post-Q4 results, analysts reaffirmed their price target around ₹2,140 per share, showing continued confidence despite cautious near-term outlook.

The strength of the company y is its Solvency ratio remains robust—2.36x in Q3 FY25, well above regulatory minimums. The board has recommended a final dividend of ₹7 per share for FY 2025, rewarding shareholders for another good year.

Company Profile :

The company is a Joint venture between ICICI Bank (about 64%) and Fairfax Financial (about 36%)—now fully consolidated under ICICI Bank since Feb 2024. Company offers Comprehensive range of non-life insurance products—motor, health, travel (including student & senior plans), home, crop, fire, marine, engineering, liability, cyber, weather, aerospace and more. Multiple avenues—direct sales, individual agents (~113,000), corporate agents, brokers, bancassurance with ICICI Bank, YES Bank, Karur Vysya, and online platforms. The company stands as a first major Indian general insurer to migrate core systems to the cloud; won acclaim for AI-powered claim approvals and instant motor damage assessments.