LIC presents its corporate performance for 9M FY26, showcasing a 9.02% increase in Total Premium Income to INR 3,71,293 Cr and a 13.56% rise in Total Group Business Premium to INR 1,35,302 Cr. The company emphasizes its extensive distribution network, commitment to ESG initiatives, and ongoing digital transformation efforts to enhance customer service and operational efficiency.
Financial & Business Performance
LIC reports the following key financial metrics for the nine months ended December 31, 2025 (9M FY26):
- Total Premium Income: INR 3,71,293 Cr (up 9.02%)
- Total Group Business Premium: INR 1,35,302 Cr (up 13.56%)
- Individual New Business Premium: INR 44,941 Cr (up 5.89%)
- Renewal Premium (Individual): INR 1,91,050 Cr (up 6.75%)
- Profit After Tax: INR 33,998 Cr (up 16.68%)
Key Ratios
The presentation highlights several key performance ratios:
- Claim Settlement Ratio (Death): 98.24%
- Solvency Ratio: 2.19
- Yield on Investment (Policyholders Fund): 8.77%
Distribution and Customer Reach
As of March 2025, LIC has 14.87 lakh agents, with agency channel continuing to be bedrock of distribution.
Product Strategy
LIC is focusing on increasing the share of Non-Par products in its portfolio. 60.48% of the product mix is from Par products and 39.52% of the product mix is from Non-Par products for 9M FY26.
Embedded Value
LIC’s Indian Embedded Value (IEV) as of September 2025 is INR 8,13,230 crore, reflecting an increase of INR 36,354 crore from March 2025.
ESG Initiatives
LIC emphasizes its commitment to Environmental, Social, and Governance (ESG) initiatives, including investments in renewable energy and various community support programs.
Digital Transformation
LIC is focused on digital transformation to improve customer service and operational efficiency, including increased digital collections and expanded online services.
Forward Focus
LIC’s key strategic focus areas are:
- Digital transformation.
- Enhancing share of Non Par products.
- Consolidating Bancassurance and Alternate Channels gains.
- Agency transformation project.
- Regaining/enhancing market share.
- Investment yield maximization.
- Human Resource strategy alignment.
Source: BSE
