ICICI Lombard General Insurance Company Limited
Government Pension Fund Global (Norway) cut its stake in ICICI Lombard General Insurance Company from 2.73% to 2.09%, selling 31,84,020 shares.
A leading private sector general insurance company in India, ICICI Lombard provides a comprehensive range of insurance products and risk management solutions across motor, health, travel, home, and commercial segments. The company operates through multiple distribution channels including direct sales, brokers, and agents, serving both individual and corporate customers with customized coverage options and claim settlement services.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.