Business Performance – Q1 FY27
Total Premium Income: ₹1,27,250 crore in Q1 FY27, increased by 6.75% from ₹1,19,200 crore in Q1 FY26.
Individual New Business Premium: ₹61,065 crore in Q1 FY27, increased by 3.61% from ₹58,938 crore in Q1 FY26.
Renewal Premium (Individual): ₹14,351 crore in Q1 FY27, increased by 14.48% from ₹12,536 crore in Q1 FY26.
Total Group Business Premium: ₹51,834 crore in Q1 FY27, increased by 8.61% from ₹47,726 crore in Q1 FY26.
Market Share:
- In Premium: 60.10% in Q1 FY27 (63.51% in Q1 FY26)
- In Policies: 60.73% in Q1 FY27 (63.07% in Q1 FY26)
New Product Launches – Q1 FY27
Two new non-participating group products were launched on June 01, 2026:
1. LIC's New Jeevan Sathi – Single Premium: Non-linked, joint life single premium endowment product with guaranteed additions.
2. LIC's New Jeevan Sathi – Limited Premium: Non-linked, joint life limited premium endowment product with guaranteed additions.
Distribution Network Strength (as of June 30, 2026)
- Exclusive Agents: 14.46 lakh (including 39,054 Premium Points)
- Corporate Agents: 1,762
- Brokers: 304
- Insurance Marketing Firms: 169
- Micro-insurance Agents: 1,674
- Bancassurance Partnerships: 88
- Branch and Satellite Offices: 3,636 (including 78 P&GS units and 4 SSS units)
- Geographic Coverage: Present in 36 States & UTs, covering 92% of Indian districts
Bima Sakhi Yojana – Women Empowerment Initiative (Performance up to 30.06.2026)
- Total MCAs in force: 2.87 lakh
- Total Policies Sold: 4.52 lakh
- Total New Business Premium Procured: ₹656.91 crore
Digital Initiatives and Customer Service
- App Rating: 4.44/5.0 as of June 30, 2026
- Digital Collections: Percentage of total transactions increased in Q1 FY27 compared to Q1 FY26.
- Claim Settlement in Q1 FY27:
- Total death claims settled: ₹5,934 crore (₹5,877 crore in Q1 FY26)
- Claim settlement ratio (death): 94.03% by number (94.59% in Q1 FY26)
- Repudiated claim ratio: 1.16% by number
- Policyholder complaints: 50.16 per 10,000 policies sold
- Call center/IVRS queries resolved: More than 13.36 lakh
Women Participation and Rural Focus
- Women in Workforce: 24.18%
- Female Agents: 40.24% of total agency force
- Policies Bought by Women: 38.19% of total individual policies in Q1 FY27
- Rural Agent Presence: 53.26% of agents reside in rural areas
ESG Rating and Initiatives
- CareEdge-ESG Rating: "CareEdge-ESG 1" with a score of 74.0 (dated May 14, 2026)
- Solar Power Generation: 10,809 KW rooftop solar capacity installed, generating 46.36 million Kwh since 2014, reducing carbon emissions by 40,331 tons (CO2e)
- LIC Golden Jubilee Foundation Projects: 1,045 projects sanctioned across the country
- Q1 FY27 Initiatives: 63 medical camps and 121 cleaning activities organized under "Swastha Bharat" initiative
Corporate Rankings
- 2nd Largest public sector company in India by Market Capitalisation (as per moneycontrol.com on August 04, 2026)
- 2nd Strongest Insurance Brand Globally (Brand Finance Insurance 100-2026 Report)
- 3rd Most Valuable Indian Brand (Brand Finance India 100-2026 Report)
- 4th Strongest Indian Brand (Brand Finance India 100-2026 Report)
- 12th position as Most Valuable Insurance Brand Globally (Brand Finance Insurance 100-2026 Report)
- GUINNESS WORLD RECORDS Title for "MOST LIFE INSURANCE POLICIES SOLD IN 24 HOURS" (5,88,107 policies sold on January 20, 2025)