07-August-2026
Corporate News
 
LIC posts 23% rise in Q1 profit; VNB surges 61%
07-Aug-2026

Life Insurance Corporation of India (LIC) on Thursday reported a 23% year-on-year rise in standalone net profit to 13,492 crore for the first quarter ended June 2026 (Q1FY27), driven by growth in group insurance premiums and investment income. Total premium income of the country’s largest life insurer rose 7% to 1.27 lakh crore during the quarter. Individual new business premium increased 14% to 14,351 crore, while individual renewal premium grew 4% to 61,065 crore. The number of individual policies sold almost remained flat at 31 lakh.

News Source:- https://www.financialexpress.com/business/industry-lic-posts-23-rise-in-q1-profit-vnb-surges-61-4312425/?ref=morelatest_hp
 
 
 

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