ICICI Lombard General Insurance Company Limited
Kotak Mutual Fund raised its stake in ICICI Lombard General Insurance Company from 1.60% to 1.68%, buying 4,04,411 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.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.