LIC reports strong financial performance in H1 FY26

LIC's total premium income for H1 FY26 grew by 5.14% to INR 2,45,680 Cr, with total group business premium increasing by 6.73% to INR 94,965 Cr. Profit after tax saw a substantial rise of 16.36% to INR 21,040 Cr, and assets under management (AUM) reached INR 57,22,896 Cr, up 3.31%. The company maintained a strong solvency ratio of 2.13, an increase of 0.15 (Absolute) from the previous year.

The company's claim settlement ratio for individual death claims remained high at 97.25% for H1 FY26. Total maturity claims paid amounted to INR 1,07,587 Cr, marking a 13.81% increase. Furthermore, LIC's Indian Embedded Value (IEV) grew by INR 36,354 Cr to INR 8,13,230 Cr from March 2025 to September 2025, representing a 4.68% growth. The Net Value of New Business (VNB) increased by 12.3% to INR 5,111 Cr, with the VNB Margin improving by 1.4% (Absolute) to 17.6%.

LIC continues to focus on strengthening its distribution network, with individual agents present across India and a significant increase in policies sold through Bancassurance and Alternate Channels, which grew by 67.62% to INR 2,024 Cr in H1 FY26. The company also emphasizes digital transformation and ESG initiatives, including investments in renewable energy and various community development projects.