Life Insurance Corporation of India (LICI) Q4 24/25 earnings summary

Executive summary

• Achieved Guinness World Record for most life insurance policies sold in 24 hours, with 588,107 policies and 452,839 agents participating on January 20, 2025; recognized as the world's 3rd strongest insurance brand.

• Maintained leadership as India's largest life insurer, with a 57.05% market share in premium and 65.83% in policies for FY25.

• Highest-ever individual new business premium of INR 62,495 crore, up 8.28% year-over-year.

• PAT grew 18.38% year-over-year to INR 48,151 crore.

• Board approved audited standalone and consolidated financial results for the year ended March 31, 2025, with unmodified audit opinions.

Financial highlights

• Total premium income rose to INR 488,148 crore from INR 475,070 crore year-over-year.

• Assets under management reached INR 54,52,297 crore, up 6.45%.

• Claim settlement ratio (death) at 99.41%; total death claims paid INR 24,420 crore.

• Expense ratio decreased by 315 bps to 12.42%.

• Highest-ever bonus to policyholders at INR 56,190.24 crore.

Outlook and guidance

• Focus on digital and agency transformation, maximizing investment yield, and preparing for regulatory changes.

• Strategic initiatives and digital transformation expected to drive future growth and profitability.

• Board set July 25, 2025, as record date for dividend eligibility; AGM scheduled for August 26, 2025.