ICICI Lombard General Insurance, a leading insurer in India, reported a 7% increase in profit after tax for the fourth quarter, amounting to ₹5.47 billion ($58.55 million), compared to ₹5.10 billion in the same period last year. This growth was largely driven by a remarkable 55.6% surge in retail health insurance premiums, reflecting heightened consumer demand for health coverage. The corporate health segment also saw a 9.9% increase, although it lagged behind retail growth. Additionally, the motor insurance segment, which constitutes nearly half of the company's total premiums, experienced a 6.24% growth due to strong vehicle sales, with auto sales in March alone rising by 25% compared to the previous year. The company's combined ratio, a critical metric for assessing profitability, improved to 101.2%, down from 102.5% a year ago, indicating that ICICI Lombard is effectively retaining more premium income relative to claims and expenses. Analysts had anticipated strong performance from Indian general insurers, particularly in the health and motor segments.