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Investor Presentaiton

Risk Management Underwriting • Predictive ultimate loss model to improve risk selection Diversified exposure across geographies and products Historically lower proportion of losses from catastrophic events than overall market share Reinsurance Spread of risk across panel of quality re-insurers Conservative level of catastrophe (CAT) protection 26 -> Investments Tighter internal exposure norms as against regulatory limits Invest high proportion of Debt portfolio 93.0% in sovereign or AAA rated securities* • All Debt securities are rated AA & above Zero instance of default on the IL's debt portfolio since inception ICICI Lombard Nibhaye Vaade * domestic credit rating Reserving IBNR utilization improving trend indicates robustness of reserves First Company in Industry to disclose reserving triangles in Annual report since FY2016 27 11
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