Life Insurance Corporation of India (LIC) reported a 16.36% increase in Profit After Tax (PAT) to ₹21,040 crore for the half year ended September 30, 2025 (H1 FY2026). Total Premium Income grew by 5.14% to ₹2,45,680 crore. Individual Business Non Par APE increased by 30.47% to ₹6,234 crore, while Overall APE rose by 3.60% to ₹29,034 crore. The insurer’s AUM increased by 3.31% to ₹57.23 lakh crore.
Financial Performance Highlights
LIC’s financial results for the first half of fiscal year 2026 showcase substantial growth in key areas:
- Profit After Tax (PAT): Increased by 16.36% to ₹21,040 crore.
- Total Premium Income: Rose by 5.14% to ₹2,45,680 crore.
- Value of New Business (VNB): Increased by 12.30% to ₹5,111 crore.
Key Business Metrics
Several crucial business metrics reflect positive momentum for LIC:
- Individual Business Non Par APE: Increased significantly by 30.47%, reaching ₹6,234 crore.
- Group Business APE: Increased by 20.30% to ₹11,864 crore.
- Overall APE: Increased by 3.60% to ₹29,034 crore.
Asset and Solvency Position
LIC maintains a strong financial foundation as indicated by its asset growth and solvency ratio:
- AUM: Increased by 3.31% to ₹57.23 lakh crore.
- Solvency Ratio: Increased to 2.13 from 1.98.
Expense Management
LIC has successfully managed its expenses, improving overall efficiency:
- Overall Expense Ratio: Reduced by 146 bps to 11.28% for H1 FY26, compared to 12.74% for H1 FY25.
Product and Channel Diversification
LIC has strategically diversified its product offerings and distribution channels:
- The Non Par APE share of Individual business for H1 FY26 is 36.31%, up from 26.31% in the previous year.
Shri R Doraiswamy, CEO & MD, LIC, stated that the company is optimistic about the positive impact of GST changes on the insurance industry, reinforcing the commitment to providing insurance for all by 2047.
Source: BSE
