LIC reports its H1 FY26 results, highlighting an embedded value of ₹8,13,230 crore. The company shows progress in digital transformation and aims to increase its share of non-par products. LIC focuses on maintaining its dominant agency force and improving customer service. It also emphasizes its commitment to ESG initiatives and building a sustainable future for the communities it serves.
Financial Highlights
Total Premium Income for H1 FY26 reached ₹2,45,680 Cr, a +5.14% increase year-over-year. The company’s Individual New Business Premium stood at ₹28,491 Cr.
Total Group Business Premium was reported as ₹94,965 Cr, reflecting a +6.73% growth. LIC’s market share in premium is at 59.41%. The insurer’s renewal premium reached ₹1,22,224 Cr.
The Total Individual New Business Sum Assured amounted to ₹2,47,140 Cr. The total death claim payout was ₹12,049 Cr, and maturity claims totaled ₹1,07,587 Cr.
Embedded Value and Solvency
The Indian Embedded Value (IEV) increased to ₹8,13,230 crore, a growth of 4.68% from March 2025. LIC’s solvency ratio is reported at 2.13.
Business Performance Metrics
LIC’s Yield on Investment for policyholders’ fund is 8.90%. The conservation ratio reached 91.15%. The overall expense ratio is 11.28%, and the commission ratio is 4.36%.
Distribution and Customer Service
LIC has a vast distribution network with 14.87 lakh agents. It maintains a high claim settlement ratio, ensuring customer trust and satisfaction.
Strategic Focus
LIC is focusing on digital transformation and aims to consolidate its position in the market by enhancing the share of non-par products. The company also plans to consolidate distribution gains achieved via bancassurance and alternate channels. A key area of focus will be agency transformation. LIC will maximize its investment yield while balancing risk and align human resources with emerging market demands.
ESG Initiatives
LIC is committed to ESG initiatives, focusing on areas such as renewable energy, community support, and environmental conservation.
Source: BSE