The largest life insurer in India had reported a net profit of £ 10,461 crore in the period of the year ago. | Photocredit: Aman Raj
Life Insurance Corporation of India (LIC) reported an increase of 5 percent in the first quarter (Q1FY26) on its own net profit at £ 10,987 crore, with the bottomline supported by a healthy growth of income from investments and decrease in operating activities with regard to insurance activities.
The largest life insurer in India had reported a net profit of £ 10,461 crore in the period of the year ago.
The net premium income (including premium of the first year, the renewal premium and a single premium net of reinsurance) rose approximately 5 percent on an annual basis (yej) to £ 1,19,200 crore (£ 1.13,770 crore in Q1FY25).
The net income from investments rose by 7 percent yo -jo at £ 1,02,930 crore (£ 96,183 crore).
The operating costs with regard to insurance activities fell by 10 percent yoj to £ 7,549 crore (£ 8,431 crore).
Referring to the strong increase of 34 percent in annualized Premium equivalent (APE) in the case of non-participation in products and Netto VNB (value of new companies) margin that goes to 15.4 percent of 13.9 percent, a senior official who has assigned this to many interventions to the Margins in the past year.
Lic’s 13one Monthly persistence ratio (on the number of policy base) fell to 64.35 percent of 67.81 percent. In the context, Roraiswamy, CEO & MD, said: “We normally discover that the policy with a lower card policy is the policy that we tend to have a lower persistence. So, since the cohort of policy measured for the current quarter, belongs to the earlier month of policy issues.
“So we will make all the efforts to see that they (policyholders) are also contacted and revived, so that we increase the persistence as the policy period continues.”
Published on August 7, 2025
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