Life Insurance Corporation Of India
Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.
What Life files
- Important119
- Others94
- Updates54
- Investor Meet18
- PPTs6
- Board Meeting6
LICI's post-OFS shareholding shows promoters hold 90% (11,384.91 Cr shares), with the public owning 10% (1,265.08 Cr shares). Foreign ownership is currently 1.23% against a 20% limit, suggesting substantial room for global institutional interest.
The President of India (Promoter) sold 31,62,49,851 shares (2.50% equity capital) via Offer for Sale, with an option for an additional 50,59,99,816 shares (4.002% equity capital). 50 lakh shares were also offered to employees.
LIC's share transfer agent submitted details on dematerialized and rematerialized shares for the recent quarter. This confirms routine compliance on converting shares between physical and electronic forms for investors.
LIC reported FY26 turnover of `5,367.49 Cr and net worth of `1,753.56 Cr. The insurer settled `19,019.79 Cr in death claims and `2,37,353.14 Cr in maturity claims. Installed 10,499 kWp solar PV. Its Foundation launched 119 social projects worth `77.74 Cr. A `0.02 Cr fine was incurred for tax non-compliance,...
LIC reported strong FY26 financials: PAT rose 19.25% to 57,419 Cr, and AUM reached 57,29,396 Cr. Total premium income grew 9.80% to 5,35,984 Cr. Value of New Business surged 41.63%, driven by increased non-participating product share. Digital initiatives and ESG commitment strengthened operations.