Life Insurance Corporation of India (LIC) announced its business performance for the half-year ended September 30, 2026. The company reported a robust 11.64% increase in its total premium income, reaching ₹2,74,269 crore for H1 FY27 compared to ₹2,45,680 crore in H1 FY26. Individual new business premium also saw a healthy growth of 14.86%, amounting to ₹32,725 crore.
LIC Announces Strong H1 FY27 Performance
The Life Insurance Corporation of India (LIC) has released its business performance figures for the half-year ended September 30, 2026 (H1 FY27), showcasing significant growth across key financial metrics. The total premium income for the period rose by an impressive 11.64%, reaching ₹2,74,269 crore. This marks a substantial increase from the ₹2,45,680 crore recorded in the corresponding period of the previous fiscal year (H1 FY26).
Key Business Growth Highlights
Further strengthening its performance, LIC reported a notable increase in its Individual New Business Premium, which grew by 14.86% to ₹32,725 crore in H1 FY27, up from ₹28,491 crore in H1 FY26. The Total Group Business Premium also demonstrated strong momentum, increasing by 19.62% to ₹1,13,594 crore.
Renewal Premium for individual policies saw a 4.68% rise, reaching ₹1,27,950 crore in H1 FY27. In terms of market share, LIC maintained a strong position, with its Market Share in Premium at 58.77% and Market Share in Policies at 60.83%.
Financial Performance Indicators
In its financial performance, LIC reported a Profit After Tax of ₹25,568 crore for H1 FY27, a significant increase of 21.52% from ₹21,040 crore in H1 FY26. The Solvency ratio stood at 2.35, showing a marginal increase from 2.13 in the prior year. Assets Under Management also grew by 4.16% to ₹59,60,941 crore.
The company also highlighted improvements in its operational efficiency and product portfolio. The report indicates a comprehensive product portfolio with various participating and non-participating products, along with riders.
Source: BSE
