BSECompany Update6d ago · 6 Aug 2026, 06:30 pm
This is to inform that the Presentation for Analyst Call of the Corporation is enclosed.
Life Insurance Corporation of India · 543526
✦ AI Summary▲ PositiveResults
Life Insurance Corporation of India (LIC) has announced its Q1 FY27 performance, with a 6.75% increase in total premium income and a 60.10% market share in individual new business premium. The company's profit after tax increased by 22.81% and the claim settlement ratio improved to 94.03%. The company also launched two new group products, LIC's New Jeevan Sathi - Single Premium and LIC's New Jeevan Sathi - Limited Premium.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Life Insurance Corporation of India - 543526 - Conference Call With The Analyst/Investors - Presentation
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Ref. No.: LIC/SE/2026-27/78 Date: August 06, 2026
The Manager The Manager
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1,
Dalal Street, G Block, Bandra Kurla Complex,
Mumbai-400001 Mumbai-400051
Scrip Code: 543526 Scrip Code: NSE - LICI
Dear Sir/Madam,
Sub: Conference Call with the Analyst/Investors- Presentation
Pursuant to Regulation 30 and 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended, we hereby inform that the Presentation for Analyst Call of Life Insurance Corporation of India
(“the Corporation”) to be held on August 06, 2026 is enclosed herewith and the same is also available on website
of the Corporation at https://licindia.in/f.y.-2026-273.
Please take the above information on record and arrange for dissemination. A copy of this intimation is also being
made available on the website of the Corporation at www.licindia.in.
Yours faithfully,
For Life Insurance Corporation of India
(Anshul Kumar Singh)
Company Secretary & Compliance Officer
Encl: a/a
Investor Presentation Q1 FY27
6th August 2026
AGENDA
1 INTRODUCTION TO LIC 5 ACHIEVING OPERATIONAL
EFFICIENCIES
BUSINESS AND FINANCIAL
UPDATES 6 KEY FOCUS AREAS
3 ACTUARIAL UPDATES 7 APPENDIX
4 MARKETING AND
DISTRIBUTION STRENGTHS
INTRODUCTION TO LIC
Largest life insurer in India – Market leader
2nd Largest public sector company in India by Market
Capitalisation.1
2nd Strongest Insurance Brand Globally²
3rd Most Valuable Indian Brand³
4th Strongest Indian Brand³
12th position as a Most Valuable Insurance Brand Globally²
Achieved GUINNESS WORLD RECORDS Title for the "MOST
LIFE INSURANCE POLICIES SOLD IN 24 HOURS”⁴
Source: 1As per moneycontrol.com as on 04.08.2026; ²Brand Finance Insurance 100-2026 Report ³Brand Finance -India 100-2026 Report ⁴On 20.01.2025 sold 5,88,107 life insurance policies across India.
Cross cyclical and comprehensive life insurance solutions
Comprehensive Product Portfolio
(as at quarter ended June 30th2026)
• Non Participating Products
• Participating Products 12 26 (Including four Annuity
Products)
14 8
• Group Products¹
• Riders
As of 30th June, 2026 the Corporation’s product portfolio comprised of 59 offerings, which included 37 exclusive
individual products, 13 exclusive group products, LIC's Smart Pension is a common product available for both Individual
Business and Group Business, 7 individual riders and 1 group rider.
On 1st April 2026, the Corporation withdrew one product, LIC’s Nav Jeevan Shree – Single Premium (close-ended plan) and on 1st June 2026,
launchedtwonewproducts,LIC’sNewJeevanSathi–SinglePremiumandLIC’sNewJeevanSathi–LimitedPremium.
Source: Corporation data as of 30thJune, 2026, ¹excluding government run schemes such as 1. National Pension Scheme for Self Employed,, 2. Pradhan Mantri Shram Yogi Maan-dhanYojana 3.Pradhan Mantri Kisan Maan-dhan Yojana, 4. Pradhan Mantri Laghu 5
Vyapari Maan-dhan Yojana. 5. Pradhan Mantri Jeevan Jyoti Bima Yojana.
Our products designed to suit customer life cycle
Participating Products Non-participating Products
Source: Corporation data, Product list indicative and not exhaustive. 6
New group products launched during Q1 FY27
LIC’s New Jeevan Sathi – LIC’s New Jeevan Sathi –
Name of Products
Single Premium Limited Premium
Introduction date 01.06.2026 01.06.2026
Par/Non Par Non-Par Non-Par
Product Category Joint Life Single Premium Joint Life Limited Premium
Endowment Product Endowment Product
Features of product Non-Linked, Life, Individual, Non-Linked, Life, Individual,
Savings plan with Guaranteed Savings plan with Guaranteed
Additions Additions
Source: Corporation Data 7
BUSINESS AND FINANCIAL
UPDATES
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%
+14.48 %
Premium Premium¹ (Absolute)
Q1 FY26 INR 12,536 Cr Q1 FY26 63.51%
Renewal Premium Q1 FY27 INR 61,065 Cr Q1 FY27 60.73% -2.34%
+3.61 % Market Share in Policies¹
(Individual) (Absolute)
Q1 FY26 INR 58,938 Cr Q1 FY26 63.07%
Source Corporation Data ¹As per Life Insurance Council data. Figures may not add up to total due to rounding off.
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
+18.01% +8.01%
Premium (Individual) Business Sum Assured
Q1 FY26 INR 6,824 Cr
Q1 FY26 INR 1,04,534Cr
Q1 FY27 1,91,936 Q1 FY27 5,934 Cr
Total Number of Death
-3.09% Total Death Claim Paid +0.97%
Claims (Individual)
Q1 FY26 1,98,053 Q1 FY26 5,877 Cr
Total Number of Maturity Q1 FY27 35,35,876 -10.94% Total Maturity Claim Q1 FY27 57,099 Cr +12.88%
Claims (Individual) Paid
Q1 FY26 39,70,156 Q1 FY26 50,584 Cr
Source Corporation Data.. Figures may not add up to total due to rounding off.
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 (Absolute)
Q1 FY26 INR 10,986 Cr Q1 FY26 94.59%
Q1 FY27 2.42 Q1 FY27 31,02,281
+0.25% Number of Policies sold
Solvency +2.06%
(Absolute) (Individual)
Q1 FY26 2.17 Q1 FY26 30,39,709
Number of Policies sold Q1 FY27 44,752
Assets Under Q1 FY27 INR 59,39,384 Cr
+4.10% by Bancassurance & +16.35%
Management
Alternate Channels Q1 FY26 38,462
Q1 FY26 INR 57,05,341 Cr
Source Corporation Data. Figures may not add up to total due to rounding off. ¹Inclusive of unclaimed amounts of last ten years brought back to outstanding during previous year as per IRDAI Regulations.
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 1.42 % (Absolute) Q1 FY26 93.72% (Absolute)
Q1 FY27 10.63% +0.16% Q1 FY27 3.95% -0.20%
Overall Expense Ratio (Absolute) Commission Ratio (Absolute)
Q1 FY26 10.47% Q1 FY26 4.15%
Source Corporation Data Figures may not add up to total due to rounding off. ¹for policyholders fund ²Without unrealisedgains.
ACTUARIAL UPDATES
Indian Embedded Value (IEV)
Embedded Value
(INR Crore)
7,89,185
7,76,876
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.
Annualized Premium Equivalent (APE)/VNB/VNB Margin
Amount INR Crore
Year on Year
APE - Line of Business Q1 FY26 Q1 FY27
Growth
A Individual Par 4,919 5,085 3.37%
B Individual Non Par 2,142 2,447 14.24%
1 Individual Saving 812 1,293 59.24%
2 Protection 39 56 43.59%
3 Annuity 364 330 -9.34%
4 ULIP 927 769 -17.04%
C Total Individual (A+B) 7,061 7,532 6.67%
D Group 5,590 6,160 10.20%
E Total APE (C+D) 12,652 13,692 8.22%
F Net VNB 1,944 3,136 61.32%
G Net VNB Margin(F/E) 15.4% 22.9% 7.5%(Abs.)
Source Corporation data; Figures may not add up to total due to rounding off.
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-
Non-
69.66% 30.34% 67.51% 32.49%
Source: Corporation data; 1. Within India Business 16
VNB Walk Q1 FY26 to Q1 FY27
Source: Corporation Data
Change in Persistency Ratios - Q1 FY27
On Number of Policies Basis
Persistency ratio by # policies
64.35% 66.45%
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% Persistency ratio by #premium
71.53% 69.84% 67.17% 67.50%
63.45% 64.04% 63.85% 61.12%
13th Month 25th Month 37th Month 49th Month 61st Month
Q1FY26 Q1FY27
Source Corporation data as per IRDAI guid
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