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ICICI Lombard General Insurance shares tumble 15% after Q1 profit takes a hit

11+ hour, 27+ min ago  (604+ words) ICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs 403 crore, hit by large fire claims and the Supreme Court's Motor TP verdict. While gross premium income rose 7.5% to Rs 8,318 crore, the combined ratio…...