Life Insurance Corporation of India

LIC’s Dominance & Growth: Key Insights for FY24-FY26 📊

- LIC's market share in total life insurance premium: 58.87% (FY24).

- Indian Embedded Value (IEV) as of September 2025: ₹8,13,230 crore (4.68% growth from March 2025).

- FY25 death claim settlement: ₹24,420 crore (99.41% settlement ratio).

- Bima Sakhi Yojana: 1,48,888 Mahila Career Agents appointed, 4,71,120 policies sold (by March 2025).

- Over 5.31 lakh agents trained in FY25.

- Product portfolio: 55 offerings, including new launches (Jan Suraksha & Bima Lakshmi, October 2025).

- H1 FY26 New Business Premium (NBP): ₹29,034 crore (3.6% YoY growth).

- Net Value of New Business (VNB) for H1 FY26: ₹5,111 crore (VNB margin at 17.6%, up 1.4% YoY).

- Distribution network: 14.87 lakh exclusive agents, covering 89% of Indian districts.

- ESG commitment: Contributes to 14 out of 17 SDGs, with investments in renewable energy and community welfare.