Life Insurance Corporation of India (LICI) investor relations material

Market leadership and scale

• Holds 56.66% market share in new business premium for FY26, 6.12x that of the second largest competitor.

• Sold 1.84 crore individual policies in FY26, with an average ticket size of ₹36,397.

• Embedded value reached ₹7,89,185 crore as of March 2026, up 1.58% from the previous year.

• Assets under management stood at ₹57,29,396 crore, 11.76x the second largest insurer.

• 99.44% individual death claim settlement ratio in FY26, with ₹24,885 crore paid in claims.

Financial and business performance

• Total premium income grew 9.8% to ₹5,35,984 crore in FY26.

• Profit after tax increased 19.25% to ₹57,419 crore.

• Solvency ratio improved to 2.35 in FY26.

• Persistency ratios improved across all cohorts, with 61st month ratio at 63.12%.

• Non-par products' share in individual APE rose to 35.11% in FY26 from 27.69% in FY25.

Distribution, customer franchise, and product portfolio

• 14.57 lakh agents, covering 92% of Indian districts, with 44.25% agent market share.

• 58 products offered, including 36 individual and 13 group products as of March 2026.

• Bancassurance and alternate channels contributed 8.25% of individual NBP in FY26.

• Women bought 38.57% of policies in FY26; 46.14% of women agents in the industry are with LIC.

• Bima Sakhi Yojana appointed 3.45 lakh women agents, selling 21.94 lakh policies since Dec 2024.