Life Insurance Corporation of India (LIC) held an analyst/investor meet on September 22, 2025, following the release of their Q1 FY26 results. The presentation, now available on LIC’s website, showcased key business performance parameters including a 4.77% increase in total premium income to ₹1,19,200 Cr and a 2.46% rise in total group business premium. The company also highlighted its focus on increasing the share of non-par products and its extensive distribution network.
Q1 FY26 Financial Performance
LIC reported a 4.77% increase in total premium income, reaching ₹1,19,200 Cr in Q1 FY26, compared to ₹1,13,770 Cr in Q1 FY25. The total group business premium also saw a rise of 2.46%, amounting to ₹47,726 Cr. Individual new business premium grew by 5.42% to ₹12,536 Cr.
Market Share & Business Mix
LIC’s market share in premium stood at 63.51% for Q1 FY26. The company emphasized its strategy to increase the share of non-par products in its portfolio. The share of non-par products in individual APE (Annualized Premium Equivalent) has increased from 76.06% in Q1 FY25 to 69.66% in Q1 FY26.
Actuarial Metrics
The Indian Embedded Value (IEV) has increased by ₹49,532 Crore from March 2024 to March 2025, highlighting a growth of 6.81%, reaching ₹7,76,876 Crore. The VNB (Value of New Business) margin increased by 1.5%(Abs) from 13.9% to 15.4%.
Distribution Network
LIC highlighted its extensive distribution network, with 14.87 lakh agents exclusive to LIC. The company’s offices cover 89% of districts in India. LIC also emphasized its focus on building an Omni-channel distribution network, with increasing contributions from Bancassurance and Alternate Channels.
ESG Initiatives
LIC discussed its commitment to ESG (Environmental, Social, and Governance) initiatives, including its contribution to various social causes through the LIC Golden Jubilee Foundation (GJF). The company highlighted its outstanding investments in renewable energy and initiatives for community development.
Way Forward
LIC outlined its key focus areas, including digital transformation, enhancing the share of non-par products, consolidating distribution gains, agency transformation, investment yield maximization, and aligning human resources with emerging market demands.
Source: BSE
