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ICICI Lombard Says Fire Insurance Price Cuts Have Likely Peaked

NDTV Profit 2d ago·16 Jul 2026, 9:30 am

Fire insurance premiums fell 32% in the first quarter as the insurer avoided aggressive pricing, but management said it does not expect the same level of price competition to continue through the rest of the financial year.

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ICICI Lombard Says Fire Insurance Price Cuts Have Likely Peaked