ICICI Lombard General Insurance, backed by ICICI Bank, has reported a 25.3% increase in pre-tax profit for the second quarter, driven by higher premiums and investment income. Profit before tax rose to INR 7.64 billion ($91.80 million) from INR 6.10 billion a year earlier, while profit after tax fell 2.2% to INR 5.77 billion due to higher provisions for tax.
