In financial year 2019, the private insurance company, ICICI Lombard had a customer retention rate of around 85.2 percent in the own-damage motor segment. This was around 65 percent in the financial year of 2015, indicating a steady increase in customer retention for the company over the last four year.
Retention rate of ICICI Lombard own-damage motor insurance from financial year 2015 to 2019
Characteristic
Retention rate
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
HDFC Securities. (October 1, 2019). Retention rate of ICICI Lombard own-damage motor insurance from financial year 2015 to 2019 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1079462/india-icici-lombard-motor-own-damage-insurance-retention-rate/
HDFC Securities. "Retention rate of ICICI Lombard own-damage motor insurance from financial year 2015 to 2019." Chart. October 1, 2019. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1079462/india-icici-lombard-motor-own-damage-insurance-retention-rate/
HDFC Securities. (2019). Retention rate of ICICI Lombard own-damage motor insurance from financial year 2015 to 2019. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1079462/india-icici-lombard-motor-own-damage-insurance-retention-rate/
HDFC Securities. "Retention Rate of Icici Lombard Own-damage Motor Insurance from Financial Year 2015 to 2019." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1079462/india-icici-lombard-motor-own-damage-insurance-retention-rate/
HDFC Securities, Retention rate of ICICI Lombard own-damage motor insurance from financial year 2015 to 2019 Statista, https://www.statista.com/statistics/1079462/india-icici-lombard-motor-own-damage-insurance-retention-rate/ (last visited July 27, 2024)
Retention rate of ICICI Lombard own-damage motor insurance from financial year 2015 to 2019 [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1079462/india-icici-lombard-motor-own-damage-insurance-retention-rate/