Life Insurance Corp. Of India · NSE:LICI
Life Insurance Corp. Of India — Life Insurance Corporation of India — Q1 FY27 Earnings Presentation
81 slides from Life Insurance Corp. Of India's earnings presentation, Aug 12, 2026
Slide 1: Regulation 30 disclosure cover letter
Ref. No.: LIC/SE/2026-27/84 Date: August 12, 2026 To The Manager The Manager Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., th Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai-400001 Mumbai-4
Slide 2: Corporate Presentation Q1 FY27
CORPORATE PRESENTATION Q1 FY27 12th August 2026
Slide 3: Agenda
Agenda I INTRODUCTION II FINANCIAL AND BUSINESS HIGHLIGHTS III PRODUCT, CUSTOMER FRANCHISE AND DISTRIBUTION REACH IV ACTUARIAL METRICS V TECHNOLOGICAL AND DIGITAL INITIATIVES VI ESG INITIATIVES VII WAY FORWARD APPENDIX (a) INDIAN INDUSTRY LANDSCAPE (b) FINANCIALS
Slide 4: Introduction
I INTRODUCTION
Slide 5: Deeply entrenched into Bharat
Deeply entrenched into Bharat Extensive domestic distribution network… Assam Jammu & Arunachal Breakup of our Business State wise² Kashmir; Ladakh Pradesh Meghalaya Punjab Himachal Pradesh Chandigarh Uttarakhand Tripura Haryana Delhi Sikkim Uttar Pradesh Rajasthan Bihar Madhya Pradesh Jharkhand Tela
Slide 6: Unmatched Scale - Largest Life Insurer in India
Unmatched Scale - Largest Life Insurer in India Market leadership Scale Distribution & Customer ~1.84 crore 12.66 FY26 Individual policies sold ~ 2,60,588 crore ~14.57 lakhs FY26 NBP Agents (Mar-26) Policies sold per agent for FY26 8.30x 44.25% of 2nd largest life insurer3 56.66% Significantly highe
Slide 7: Highly Experienced Management, Distinguished Board and Strong Corporate Governance framework
Highly Experienced Management, Distinguished Board and Strong Corporate Governance framework Shri R Doraiswamy Shri Sanjay Lohiya Chief Executive Officer & Government Nominee Director Managing Director Experienced Board of Shri Dinesh Pant Shri Ratnakar Patnaik Managing Director Managing Director Di
Slide 8: LIC – Group Structure
LIC – Group Structure Foreign branches1 Subsidiaries Associates Country Entity Country Entity Stake held (%) Country Entity Stake held (%) Fiji Branch 100.00% 45.24%3 Mauritius Branch 100.00% 5.38%3 United Kingdom Branch 99.66%2 Gift City Branch 49.24%4 Equity Participation 100.00% Country Entity St
Slide 9: Awards & Accolades
Awards & Accolades 8 Source: Corporation data as at 31.03.2026
Slide 10: Financial and Business Highlights
FINANCIAL AND II BUSINESS HIGHLIGHTS
Slide 11: Business Performance Parameters – Q1 FY27
Business Performance Parameters – Q1 FY27 Amount INR Crore Q1 FY27 INR 1,27,250 Cr Q1 FY27 INR 51,834 Cr Total Group Business Total Premium Income +6.75 % +8.61 % Premium Q1 FY26 INR 1,19,200 Cr Q1 FY26 INR 47,726 Cr Q1 FY27 INR 14,351 Cr Q1 FY27 60.10% Individual New Business Market Share in -3.41%
Slide 12: Business Performance Parameters – Q1 FY27
Business Performance Parameters – Q1 FY27 Amount INR Crore Q1 FY27 INR 8,053 Cr Q1 FY27 INR 1,12,911 Cr Weighted Received Total Individual New Premium (Individual) +18.01% +8.01% Q1 FY26 INR 6,824 Cr Business Sum Assured Q1 FY26 INR 1,04,534 Cr Q1 FY27 1,91,936 Q1 FY27 5,934 Cr Total Number of Death
Slide 13: Financial Performance Parameters – Q1 FY27
Financial Performance Parameters –Q1 FY27 Amount INR Crore Q1 FY27 INR 13,492 Cr Q1 FY27 94.03% Claim Settlement Ratio -0.56% Profit After Tax +22.81% Death¹ Q1 FY26 INR 10,986 Cr Q1 FY26 94.59% (Absolute) Q1 FY27 2.42 Q1 FY27 31,02,281 +0.25% Number of Policies sold +2.06% Solvency Q1 FY26 2.17 (Ab
Slide 14: Performance Ratios – Q1 FY27
Performance Ratios – Q1 FY27 Q1 FY27 8.28% Q1 FY27 6.21% Yield on Investment -0.17 % Yield on Investment +0.07% (Policyholders Fund)² (Absolute) (Shareholders Fund)² (Absolute) Q1 FY26 8.45% Q1 FY26 6.14% Q1 FY27 1.21 % Q1 FY27 90.93% -0.21 % -2.79 % Total Gross NPA Ratio¹ Conservation Ratio Q1 FY26
Slide 15: Business Performance Parameters – FY26
Business Performance Parameters – FY26 Amount INR Crore FY26 INR 5,35,984 Cr FY26 INR 1 96,609 Cr Total Group Business Total Premium Income +9.80% +16.26% Premium FY25 INR 4,88,148 Cr FY25 INR 1,69,112 Cr FY26 INR 67,676 Cr FY26 56.66% Individual New Business Market Share in -0.39% +8.29% Premium Pr
Slide 16: Business Performance Parameters – FY26
Business Performance Parameters – FY26 Amount INR Crore FY26 INR 37,030 Cr FY26 INR 6,41,932 Cr Weighted Received Total Individual New Premium (Individual) +4.92% +9.06% FY25 INR 35,294 Cr Business Sum Assured FY25 INR 5,88,604 Cr FY26 8,30,399 FY26 24,885 Cr Total Number of Death Claims (Individual
Slide 17: Financial Performance Parameters – FY26
Financial Performance Parameters – FY26 Amount INR Crore FY26 INR 57,419 Cr FY26 99.44% Claim Settlement Ratio +0.03% Profit After Tax +19.25% Death¹ FY25 INR 48,151 Cr FY25 99.41% (Absolute) FY26 2.35 FY26 1,84,41,175 +0.24 Number of Policies sold +3.70% Solvency FY25 2.11 (Absolute) (Individual) F
Slide 18: Performance Ratios – FY26
Performance Ratios – FY26 FY26 8.92% FY26 6.61% Yield on Investment +0.27% Yield on Investment -0.32% (Policyholders Fund)² (Absolute) (Shareholders Fund)² (Absolute) FY25 8.65% FY25 6.93% FY26 1.21% FY26 92.33% -0.25% +2.62% Total Gross NPA Ratio¹ Conservation Ratio FY25 1.46 % (Absolute) FY25 89.7
Slide 19: Focus on Increasing Share of Non-Par Products
Focus on Increasing Share of Non-Par Products Breakup of Individual New Business Breakup by premium (Q1 FY27) Breakup by no. of policies (Q1 FY27) Non- Par Non- Par Non Par NB Non Par Particulars Particulars share Par NBP share Par (# policy) Protection 0.31% Term 0.33% 81.86% 42.02% Health Insuranc
Slide 20: Group Business Segment
Group Business Segment Amount INR Crore New Business Premium Market Share ( by premium) Q1 FY26 Q1 FY26 76.54% 70.90% Q1 FY27 Q1 FY27 46,907 51,229 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 New Business Premium Market Share ( by premium) 1,92,912 FY25 FY25 1,64,262 FY26 FY26 71.19% 70.11% FY25 FY26 FY25 FY26
Slide 21: Share of women in policies issued
Share of women in policies issued Rising Share of women in policies sold¹ In 15 States/UTs, the share in number of policies bought by women to the total policies sold was higher than the all-India average of 34.2%² 44% 44% Top 5 and bottom 5 states/UTs 43% 43% 42% 30% 30% 28% 27% 23% Out of the tota
Slide 22: Product, Customer Franchise and Distribution Reach
PRODUCT, CUSTOMER FRANCHISE III AND DISTRIBUTION REACH
Slide 23: Cross cyclical and comprehensive life insurance solutions
Cross cyclical and comprehensive life insurance solutions Comprehensive Product Portfolio (as at quarter ended June 30th 2026) • Non Participating Products • Participating Products 12 26 (Including four Annuity Products) • Group Products¹ 14 8 • Riders As of 30th June, 2026 the Corporation’s product
Slide 24: Our products designed to suit customer life cycle
Our products designed to suit customer life cycle Participating Products Non-participating Products Source: Corporation data, Product list indicative and not exhaustive. 23
Slide 25: Enhancing focus on building Omni-channel distribution network
Enhancing focus on building Omni-channel distribution network Snapshot of LIC’s vast distribution capabilities Premium points (2,487 MICRO 14.57¹ lacs Agents exclusive to LIC 39,131³ Insurance Premium Points) 1762 Corporate Agents 308 Brokers 167 Insurance Marketing Firms 36 Covering 92% districts v
Slide 26: Omni-channel distribution network – Q1 FY27
Enhancing focus on building Omni-channel distribution network – Q1 FY27 Distribution mix by Individual NBP (%) Individual NBP Bancassurance and Alt Channels (INR Crore) Q1 FY 26 Particulars Others +5.25% 907 Banks 4.23% 862 Alternates 2.66% 7.67% 92.33% Digital Marketing 0.78% Total 7.67% Agency Oth
Slide 27: Omni-channel distribution network – FY26
Enhancing focus on building Omni-channel distribution network- FY26 Distribution mix by Individual NBP (%) Individual NBP Bancassurance and Alt Channels (INR Crore) FY 25 Particulars Others Banks 4.12% 5,076 +45.19% 6.12% Alternates 1.47% 93.87% Digital Marketing 0.53% Total 6.12% 3,496 Agency Other
Slide 28: Feet on Street – LIC's Core Distribution Strength
Feet on Street – LIC’s Core Distribution Strength Organizational Structure Agents Training Infrastructure CO Office 2.48% Employees 8 Zonal Training Centers 8 Zonal Office 2.98% Employees 35 Sales Training Centers 113 Divisional Office¹ 13.88% Employees 113 Divisional Training Centers 2,130 Branch O
Slide 29: Agents' training
Agents’ training Total number of training infrastructure - Training in Sales Training Centers and 4,667 Agents fulfilling the MDRT criteria¹ 716 Zonal Training Centers – 5,72,539 76.53% Agents recruited within the 18-40 years Total 7,81,321 agents age group trained in FY26 Imparted training to newly
Slide 30: Bima Sakhi Yojana – Women Empowerment
Bima Sakhi Yojana – Women Empowerment LIC‘s Bima Sakhi Yojana launched by Hon’ble Prime Minister on 9th Dec 2024. LIC’s Bima Sakhi Yojana is a Mahila Career Agent (MCA) Scheme with following features • Aim to provide employment opportunities to women • Stipendiary scheme for three years • Stipendiar
Slide 31: Robust agency force
Robust agency force Largest agency force # Agents in lacs 18.36 16.36 14.80 14.87 14.57 14.15 13.47 12.81 12.09 10.70 Higher Vintage: 52.63% > 5 Years FY20 FY23 FY24 FY25 FY26 Others LIC LIC has dominant agency force – 44.25% of life insurance Industry. Source: Corporation data and life council data
Slide 32: Exclusive agency network well trained leading to highest productivity
Exclusive agency network well trained leading to highest productivity Loyal agency network with a mix of youth and experienced professionals Mix of agents by age group Mix of agents by tenure Above 60 yrs 11% 18-30 yrs 18% 51-60 yrs 20% 52.63% 47.37% 31-35 yrs 13% 36-40 yrs 13% 41-50 yrs 25% Up to 5
Slide 33: Differentiated business model with deep competitive moats
Differentiated business model with deep competitive moats Geographic Distribution of Individual Agents (%) FY23 FY24 FY25 FY26 Q1FY27 Rural 48.22% 49.06% 51.02% 52.85% 53.26% Urban 51.78% 50.94% 48.98% 47.15% 46.74% Pan India presence of Agents which shows our feet on street Source Corporation data
Slide 34: Customer care – at our core philosophy
Customer care – at our core philosophy Settled total death claims of Rs. 24,885 crore in FY26 as against Rs. 24,420 crore in FY25. Claim settlement ratio (Death) in FY26 is 99.44% by number as against 99.41%² in FY25. The number of policyholders complaints per 10,000 policies sold in FY26 is 3
Slide 35: Actuarial Metrics
IV ACTUARIAL METRICS
Slide 36: Indian Embedded Value (IEV)
Indian Embedded Value (IEV) Embedded Value (INR Crore) 7,76,876 7,89,185 7,27,344 The IEV has increased by 5,82,243 INR 12,309 5,41,492 Crore from March 2025 to March 2026, highlighting a growth of 1.58%. Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Source: Corporation data. 35
Slide 37: INR in Crore
INR in Crore 36 Source: Corporation Data, Figures may not add up to total due to rounding off.
Slide 38: Build up of Indian Embedded Value
Build up of Indian Embedded Value INR in Crore Components FY25 FY26 A. Adjusted Net Worth (ANW) 1,20,258 1,69,605 B. Value of in-force (VIF) Business 6,56,617 6,19,580 C. Indian embedded value (IEV) (C=A+B) 7,76,876 7,89,185 Source: Corporation data. Figures may not add up to total due to rounding o
Slide 39: Analysis of movement in IEV
Analysis of movement in IEV Components FY 2026 (INR in Crore) Opening IEV 7,76,876 Expected return on Existing Business 74,748 Operating assumptions change (1,663) VoNB added during the period 14,179 Operating Experience Variance- Persistency 3,509 Operating Experience Variance- Expenses 529 Operati
Slide 40: Sensitivity analysis
Sensitivity analysis Change in Change in New Sensitivity – Scenarios Indian Embedded Business Margin Value (Percent Points) For the Year End 3/2026 3/2026 Base results (INR in Crore) 7,89,185 21.2% An increase of 100 bps in the reference rates (0.4%) 4.9% Reference rates A decrease of 100 bps in the
Slide 41: Annualized Premium Equivalent (APE)/VNB/VNB Margin
Annualized Premium Equivalent (APE)/VNB/VNB Margin Amount INR Crore Year on Year Year on Year Line of Business FY25 FY26 Growth Q1 FY26 Q1 FY27 Growth A Individual Par 27,636 28,121 1.75% 4,919 5,085 3.37% B Individual Non Par 10,581 15,214 43.78% 2,142 2,447 14.24% 1 Individual Saving 4,792 7,112 4
Slide 42: Focus on Increasing Share of Non-Par Products
Focus on Increasing Share of Non-Par Products Rising share of Non-Par in Individual APE1 Breakup of Individual APE (Q1 FY26) Breakup of Individual APE (Q1 FY27) Non- Par Non- Par 69.66% 30.34% 67.51% Par 32.49% Par Breakup of Individual APE (FY25) Breakup of Individual APE (FY26 ) Non- Par Non- Par
Slide 43: VNB Walks
VNB Walks Source: Corporation Data 42
Slide 44: Change in Persistency Ratios - Q1 FY27
Change in Persistency Ratios - Q1 FY27 On Number of Policies Basis 66.45% Persistency ratio by # policies 64.35% 60.15% 58.07% 54.23% 56.14% 50.79% 51.27% 51.12% 48.74% 13th Month 25th Month 37th Month 49th Month 61st Month Q1FY26 Q1FY27 On Premium Basis 75.63% 75.33% 71.53% Persistency ratio by #pr
Slide 45: Improvement in Persistency Ratios – FY26
Improvement in Persistency Ratios – FY26 On Number of Policies Basis 64.87% Persistency ratio by # policies 64.12% 59.32% 57.65% 52.66% 55.29% 48.79% 49.78% 50.31% 46.88% 13th Month 25th Month 37th Month 49th Month 61st Month FY25 FY26 On Premium Basis 74.84% 74.64% 70.99% Persistency ratio by #prem
Slide 46: Technological and Digital Initiatives
TECHNOLOGICAL AND V DIGITAL INITIATIVES
Slide 47: Strengthening Digital Process – Customer Service
Strengthening Digital Process – Customer Service Online service requests Loan payment and repayment 8 1 e-NACH2 Change of Nomination & 7 PAYMENT RELATED 2 POLICY RELATED Assignment Unit Linked fund switch PAN1 data registration 6 3 NEFT3 registration Aadhaar based change of address 5 4 Change of Mod
Slide 48: Strengthening Digital Process – Driving Operational Efficiency
Strengthening Digital Process – Driving Operational Efficiency Increasing digital collection across channels (percentage to total transaction) 31.49% 28.24% Other App includes: Amazon Pay ,Bajaj Finserv, CRED, Free Charge, GPay , 23.48% InstaPay, JustDial, 21.84% 21.02% Mobikwik, PhonePe and 19.65%
Slide 49: Strengthening Digital Process – Customer Service
Strengthening Digital Process – Customer Service Services offered Verified Automated conversation messages WhatsApp services started in Dec-22 22 and 2.42 crore customers opted/enabled until Streamlined Mar-26 Ease of customer interaction services Uptrend in LIC customer APP users Rising website reg
Slide 50: Strengthening Digital Process – Empowering Policyholders
Strengthening Digital Process – Empowering Policyholders AI Chat Bot 1. Policy Status Application to facilitate submission of 2. First Unpaid Premium date Digital existence certificate for LIC docQ Application helps user to 3. Last paid premium date individual pension plan and staff submit documents
Slide 51: Empowering policyholders and agents in a digital world
Empowering policyholders and agents in a digital world Source Corporation data. The aforementioned plans are provided for illustrative purposes only and do not represent a comprehensive or exhaustive list. 50
Slide 52: Technological innovations at LIC - 1/4
Technological innovations at LIC - 1/4 Harnessing cutting-edge technology to deliver exceptional customer experiences and optimise operational efficiency The New Datalake platform is now operational. The lakehouse infrastructure will support the development of AI/ML use cases to advance business obj
Slide 53: Technological innovations at LIC - 2/4
Technological innovations at LIC - 2/4 Harnessing cutting-edge technology to deliver exceptional customer experiences and optimise operational efficiency Designed to accelerate digital engagement and self-service adoption, enhancing customer convenience while improving operational efficiency and ser
Slide 54: Technological innovations at LIC - 3/4
Technological innovations at LIC - 3/4 Harnessing cutting-edge technology to deliver exceptional customer experiences and optimise operational efficiency Designed to streamline agency operations and enhance customer service delivery. Source Corporation data. 53
Slide 55: Technological innovations at LIC – 4/4
Technological innovations at LIC – 4/4 Solutions designed to enhance operational efficiency and respond with speed to specific situations Digital App for Agents to process New Ananda APP – launched during COVID to enable Agents to do business without meeting customers face to face Business digitally
Slide 56: ESG Initiatives
VI ESG INITIATIVES
Slide 57: ESG Rating
ESG Rating LIC of India achieved a “CareEdge-ESG 1” rating with an ESG score of 74.0, reflecting leadership in governance, transparency and sustainable business practices. Source: Care ESG Rating dated 14th May, 2026. 56
Slide 58: Embedding ESG in our business - building a sustainable future for the communities
Embedding ESG in our business - building a sustainable future for the communities LIC has integrated the SDGs with key areas of their business operations. LIC initiatives have ensured a positive contribution to at least 14 of the 17 SDGs 52.85% agents in India reside in rural areas. “Bima Gram” i
Slide 59: Embedding ESG in our business - building a sustainable future for the communities
Embedding ESG in our business - building a sustainable future for the communities LIC has integrated the SDGs with key areas of their business operations. LIC initiatives have ensured a positive contribution to at least 14 of the 17 SDGs Support to various sanitation projects by LIC GJF. Contrib
Slide 60: Embedding ESG in our business - building a sustainable future for the communities
Embedding ESG in our business - building a sustainable future for the communities LIC has integrated the SDGs with key areas of their business operations. LIC initiatives have ensured a positive contribution to at least 14 of the 17 SDGs Substantial investments in renewable energy Significant in
Slide 61: Committed to ESG initiatives across the organisation
Committed to ESG initiatives across the organisation Roof top solar capacity installed (KW) Total Reduction of carbon emissions (in tons) 10,499 From 2014 till 31st March 2026 LIC 8,110 has generated 44.55 million (Kwh) 6,575 of energy from solar PV power system resulting in reduction of 4,471 40,09
Slide 62: Way Forward
VII WAY FORWARD
Slide 63: Our Strategy – Key Focus Areas
Our Strategy – Key Focus Areas #1I. Focus on digital and agency transformation project #2I. Consolidate gain achieved in enhancing share of Non Par within the individual businesses #3I. Consolidate the distribution gains achieved via Bancassurance and Alternate Channels #4I. Market share with focus
Slide 64: Indian Industry Landscape
INDIAN INDUSTRY (a) LANDSCAPE
Slide 65: India is one of the fastest growing major economy
India is one of the fastest growing major economy (GDP Growth, Percentage year-on-year) 10 5 0 -5 -10 -15 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E 2024P 2025P India 7.4 8 8.3 7 6.1 4.2 -8 9 7.2 6.7 6.5 6.5 China 7.3 6.9 6.8 6.9 6.7 6 2.3 8.1 3.0 5.2 4.6 4.1 Japan 0.4 1.2 0.5 2.2 0.3 0.3 -4
Slide 66: Share of life insurance in incremental household financial saving
Share of life insurance in incremental household financial saving 120.00% 100.00% 9.75% 10.29% 10.41% 12.25% 9.46% 13.22% 2.09% 6.02% 6.72% 6.70% 2.65% 6.15% 80.00% 12.45% 7.99% 12.28% 12.16% 10.32% 23.57% 16.18% 21.07% 17.86% 19.48% 21.13% 60.00% 17.96% 18.26% 14.25% 18.18% 16.88% 40.00% 18.22% 16.
Slide 67: Protection gap for different countries
Protection gap for different countries 90% 83% 80% 76% 74% 71% 70% 70% 61% 60% 55% 55% 54% India’s protection 50% gap was 83% as of 41% 2019, the highest 40% among all countries in Asia- Pacific¹ 30% 20% 10% 0% India Indonesia Malaysia Thialand China Japan South Korea Singapore Australia Hong Kong P
Slide 68: Well positioned to ride the growth in a highly underinsured market
Life Insurance Penetration %age FY 2024 Insurance Density (in US$)1 FY 2024 18 10000 9000 8624 16 15.7 8000 14 7000 12 5923 6000 10 9.6 4827 9.2 5000 8 7.5 4000 6.5 6.5 6.4 3011 3000 2833 6 2539 2300 2048 4.2 2000 3.8 1501 4 1158 2.7 2.7 1000 605 448 380 313 226 2 201 72 0 0 Hong South United Taiwan
Slide 69: Household savings to increase
Household savings to increase Household Savings (% of GDP) 30.00% 25.20% 25.00% 23.60% 23.60% 23.10% 22.40% 22.50% 22.70% 20.30% 19.60% 19.30% 20.30% 20.21% Household 20.00% 19.10% 18.00% 18.10% 18.22% saving as percentage 15.00% of GDP is 18.22% in fiscal year 10.00% 2023 5.00% 0.00% FY08 FY09 FY10
Slide 70: Increasing insurable population to fuel industry growth
Increasing insurable population to fuel industry growth India’s Demographic Dividend 120% 100% 7% 9% 10% 13% 80% 30% For 2021, India has 33% 37% largest share of young 40% population in the 60% world, with a medium 27% age of 28 Years. About 28% 40% 26% 90% of Indians will 24% still be below the age
Slide 71: Income demographics
Income demographics 120% 100% 80% 60% Rising Income level to make insurance products more 40% affordable. 20% 0% 2011-12E 2016-17E 2021-22P Rs. 1 million and above 1% 2% 3% Rs. 0.5 to 1 million 2% 2% 4% Rs.0.2 to 0.5 million 14% 19% 28% Below 0.2 million 83% 76% 65% Below 0.2 million Rs.0.2 to 0.5 m
Slide 72: Strong growth in total premium for life insurance industry
Strong growth in total premium for life insurance industry 9000 16% 8000 7825 14% 14% 13% 13% Total premium 7000 12% 6926 12% has grown in the 11% 6287 range of 10% to 6000 5729 14% in last eight 10% 5081 10% 10% 10% years. Amongst 5000 4588 the different 4185 8% player groups, 4000 3669 LIC, which
Slide 73: Indian Insurance Industry by premium and policies breakup – FY26
Indian Insurance Industry by premium and policies breakup – FY26 By Total New Business Premium By Total Number of Policies 1,99,249 Crore 0.987 Crore 1.846 Crore 34.84% 2,60,464 Crore 43.34% 56.66% 65.16% Private Sector Public Sector (LIC) Private Sector Public Sector (LIC) Individual NB Premium Gro
Slide 74: Financials
(b) FINANCIALS
Slide 75: Financials - Standalone Balance Sheet
Financials - Standalone Balance Sheet (INR In Crore) For the Year ended For the three Months ended Particulars March 31st 2025 March 31st 2026 June 30th 2025 June 30th 2026 Sources of funds Shareholders' funds: Share capital 6,325.00 6,325.00 6,325.00 12,650.00 Reserves and surplus 1,20,095.76 1,69,
Slide 76: Financials - Standalone Statement of Revenue (Policyholders' Account)
Financials - Standalone Statement of Revenue (Policyholders’ Account) (INR In Crore) For the Year ended For the three Months ended Particulars March 31st 2025 March 31st 2026 June 30th 2025 June 30th 2026 Premiums earned - net (a) Premium 4,88,848.92 5,36,748.56 1,19,333.04 1,27,420.12 (b) Reinsuran
Slide 77: Financials – Standalone Statement of Profit & Loss (Shareholders' Account)
Financials – Standalone Statement of Profit & Loss (Shareholders’ Account) (INR In Crore) For the Year ended For the three Months ended Particulars March 31st 2025 March 31st 2026 June 30th 2025 June 30th 2026 Amounts transferred from/to the Policyholders account (Technical Account) 49,506.72 58,032
Slide 78: Glossary
Glossary New Business APE: The sum annualized first year premiums on regular premium policies, and 10.00% of single premiums, written by the Company during the fiscal year from both retail and group customers. New Business Premium NBP: Insurance premium that is due in the first policy year of a li
Slide 79: Abbreviation
Abbreviation Term Description Term Description GWP Gross Written Premium Opex Operating Expenses (excluding commission NBP New Business Premium CAGR Compounded Annual Growth Rate NOP Number of Policies GDP Gross Domestic Product APE Annualized Premium Equivalent INR (Rs.) Indian Rupees IRP Individua
Slide 80: Disclaimer
Disclaimer Except for the historical information contained herein, statements in this presentation which contain words or phrases such as ‘will’, ‘would’, ‘indicating’, ‘expected to’ etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. These fo
Slide 81: Thank You
THANK YOU Investor Relations Contact: Life Insurance Corporation of India Yogakshema, Third Floor, West Wing, Jeevan Bima Marg, Nariman Point, Mumbai- 400021. Contact # +91 66599442 Email - investorrelations@licindia.com Website – www.licindia.in
Life Insurance Corporation of India — Q1 FY27 Earnings Presentation on 6ix