LIC

The Life Insurance Corporation of India has launched a focused revival campaign to encourage policyholders to reinstate lapsed insurance policies, underscoring the long-term value of life cover and disciplined savings. The initiative targets customers who discontinued premium payments due to financial stress, lack of awareness, or changing priorities. By offering simplified revival procedures, flexible payment options, and limited concessions, LIC seeks to protect households from coverage gaps while strengthening its persistency ratios.

Life Insurance Corporation of India (LIC) continues to play a pivotal role in India’s equity markets, with sustained investments across flagship business houses such as the Tata Group, Reliance Group and Adani Group. The state-owned insurer’s holdings reflect a calibrated strategy focused on long-term value creation, sectoral leadership and balance-sheet strength. Market observers say LIC’s investment approach combines stability with selective risk-taking, positioning it as both a financial anchor and a strategic institutional investor.

The Finance Ministry has reiterated that all investments made by Life Insurance Corporation of India (LIC) in companies belonging to the Adani Group follow strict Standard Operating Procedures (SOPs) and established risk-management frameworks. The clarification comes amid renewed scrutiny over public-sector investment practices and concerns about exposure to large conglomerates. According to the ministry, LIC’s investment decisions undergo rigorous evaluation, ensuring alignment with regulatory norms and long-term policyholder interests.

Life Insurance Corporation of India (LIC), the country’s largest insurer, has paid a dividend of Rs 7,324 crore to the Government of India for the financial year 2023–24. The Finance Minister received the cheque in New Delhi, marking another significant contribution by LIC to the government’s revenue stream. The payout underscores the insurer’s strong financial position and its continuing role as a critical pillar in India’s financial sector.

India’s largest life insurer, Life Insurance Corporation of India (LIC), reported a 5% year-on-year increase in its net profit for the quarter ended June 30, reaching Rs. 10,987 crore. The steady rise in earnings underscores the insurer's ability to sustain profitability despite a dynamic and competitive insurance landscape. Improved income from investments and growth in renewal premiums supported the quarterly performance. However, new business margins saw some softness.

In a significant move toward fiscal consolidation and market reform, the Indian government has appointed merchant bankers to manage the planned divestment of its equity stakes in Life Insurance Corporation of India (LIC) and select public sector banks (PSBs). The appointments mark a renewed push to revive the Centre’s disinvestment agenda, with strategic stake sales expected to contribute substantially to non-tax revenue in the current fiscal year.

In a significant leadership move, the Life Insurance Corporation of India (LIC) has appointed R. Doraiswamy as its new Managing Director and Chief Executive Officer. This decision comes at a pivotal juncture for India’s largest insurer, which continues to navigate a dynamic market environment while executing its post-listing growth agenda. Doraiswamy, a seasoned LIC veteran, brings decades of operational and strategic expertise to the helm.

India’s equity markets witnessed a turbulent week, eroding over Rs. 70,000 crore in combined market capitalization from six of the country’s ten most valuable listed firms. Leading the decline were banking giants HDFC Bank and ICICI Bank, followed by Bajaj Finance, LIC, TCS, and Bharti Airtel. This sell-off occurred as the BSE Sensex dipped by 626.01 points or 0.74%. In contrast, Reliance Industries, Infosys, SBI, and Hindustan Unilever managed to post modest valuation gains, underscoring the sectoral divergence amid investor caution.

Life Insurance Corporation of India (LIC) has unveiled two innovative offerings—Nav Jeevan Shree and Nav Jeevan Shree Single Premium—designed to address evolving financial needs across life stages. These products combine life insurance with wealth accumulation, enabling policyholders to build a corpus through regular or lump sum premiums. In an environment marked by fluctuating interest rates, LIC emphasizes guaranteed additions throughout the policy tenure, reinforcing its commitment to financial security and stability.

India’s life insurance sector has kicked off the fiscal year on a strong note, with new business premium collections registering a robust 10.8% increase in the first two months of FY2025-26. Data from the Life Insurance Council reveals that premium collections surged to Rs. 52,427 crore in April-May 2025, driven by an emphasis on first-time buyers and innovative insurance solutions. The Life Insurance Corporation (LIC), India’s largest life insurer, reported double-digit growth in both individual and group premiums.