Private life insurers outpace LIC in new business premium growth

Private life insurers outpace LIC in new business premium growth

Life insurers reported a 16.6% year-on-year increase in new business premium (NBP) to ₹1.09 lakh crore for the April-June quarter, with private sector firms expanding faster than the state-run Life Insurance Corporation of India (LIC), aided by robust growth in regular premium products. Private life insurers recorded a 27.5% increase in NBP to ₹43,522 crore…

Read More
LIC highlights stronger profitability, higher margins and digital push ahead of investor meetings

LIC highlights stronger profitability, higher margins and digital push ahead of investor meetings

State-owned Life Insurance Corporation of India (LIC) has highlighted stronger profitability, improving margins and sustained market leadership in its latest investor presentation, released ahead of meetings with institutional investors and analysts. The presentation, filed with stock exchanges on Monday, showed that LIC’s net profit rose to $6.07 billion in FY26, while total premium income increased…

Read More