ICICI Lombard is 26% owned by Fairfax and is a joint venture with ICICI Bank Limited. ICICI Lombard is the largest private sector general insurance company in India with a gross written premium (GWP) of US$821 million for the year ended March 31, 2010. The company has approximately 4,600 employees and 350 branches as of March 31, 2010.

ICICI Lombard offers insurance solutions across various classes such as personal, health, travel, rural, liability, business, and credit and political risk.

ICICI Lombard is led by the Managing Director and Chief Executive Officer, Mr. Bhargav Dasgupta. Bhargav has been with ICICI Lombard since 2009.