ICICI Lombard’s profit grows 19%

India-based insurer ICICI Lombard General Insurance Co. Ltd.'s profit after tax increased by 19% year-on-year to 5.2 billion Indian rupees ($62.2 million) in the fiscal fourth quarter ended March 31, Reuters reported. The insurer’s net premiums earned grew by over 17% year-on-year to INR43.7 billion.