ICICI Lombard General Insurance Company

ICICI Lombard is heading towards an all-time high of Rs 1,440.40 with strong intensity.

ICICI Lombard said Bharti AXA's existing distribution partnerships should help it increase its distribution strength.

Pricing will depend on insurers but will be cheaper than normal health covers

The stock of ICICI Lombard GIC has indicated a breakout above the trendline resistance zone and has entered a new territory to imply strength

That apart, 37.2 per cent year-on-year (YoY) growth in new premiums between April-November further boosted buying sentiment.

With segments such as motor, health, fire and crop insurance being the stronghold of both players, they have nearly the same product profile

ICICI Lombard General Insurance, Tata AIG and Cholamandalam MS General Insurance, have pulled out of the Pradhan Mantri Fasal Bima Yojana

The stock of general insurance company hit a low of Rs 1,132 in the early morning deal today.

The stock was up 4% to Rs 909 on the BSE in intra-day trade, extending its 10% rally in past five trading days in an otherwise weak market.