
Life Insurance Corporation of India reported a 22.8% year-on-year rise in net profit to Rs 13,492 crore for the June quarter of FY 2026-27, LiveMint reported. Total premium income grew 6.8% to…
Life Insurance Corporation of India reported a 22.8% year-on-year rise in net profit to Rs 13,492 crore for the June quarter of FY 2026-27, LiveMint reported. Total premium income grew 6.8% to Rs 1,27,250 crore. Value of New Business rose 61.3% to Rs 3,136 crore, while the net VNB margin widened to 22.9% from 15.4% a year earlier.
LIC’s solvency ratio improved to 2.42 from 2.17, and assets under management increased 4.1% to Rs 59.39 lakh crore. The insurer retained a 60.10% overall first-year premium market share, according to IRDAI data cited by LiveMint. Individual new business premium rose 14.5% to Rs 14,351 crore.
The easy story is that LIC’s profit surge proves its business has fully turned around. The opposite claim, that its size alone hides weak performance, is also too simple. Stronger VNB growth and a wider margin point to better business quality, while the slight rise in the expense ratio deserves attention. Investors should track whether the 22.9% VNB margin holds over the next few quarters, not just celebrate one result.
Source: livemint.com
This story was synthesised by AI from the source linked above.