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Life Insurance Corporation of India (LICI) investor relations material
Life Insurance Corporation of India Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Maintained leadership in Indian life insurance with over 57% market share by first-year premium income for the nine months ended December 31, 2025, despite a slight decline year-over-year.
Total premium income grew 9.02% year-over-year to INR 371,293 crore for 9M FY26.
Profit after tax rose 16.68% year-over-year to INR 33,998 crore for 9M FY26.
Embedded Value increased 4.68% to INR 813,230 crore as of September 2025.
Focused on digital transformation, agency transformation, and expanding non-par product share.
Financial highlights
Individual new business premium income up 5.89% year-over-year to INR 44,941 crore; renewal premium up 6.75% to INR 191,050 crore.
Group business premium income up 13.56% year-over-year to INR 135,302 crore.
Non-par share of individual APE rose to 36.46% from 27.68% year-over-year.
Assets under management increased 8.01% year-over-year to INR 5,916,680 crore.
Overall expense ratio improved by 132 bps to 11.65%.
Outlook and guidance
Strategy centers on digital transformation, maximizing investment yield, and regaining market share in select categories and geographies.
Confident in sustaining growth and improving dividend payout, subject to board approval.
Ongoing efforts to enhance bancassurance and alternate channel contributions.
New labour codes notified; impact assessed and provisioned on an estimated basis, pending final rules.
- TimeTickerHeadlineOpen
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