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Life Insurance Corporation Of IndiaImportant, 28-05-2025: Updates

28-05-2025 | 05:17 pm

Life Insurance Corporation of India has announced a board meeting to approve the financial results for the quarter and half-year. The company holds a dominant market share with 57.05% by premium and 65.83% by policies. Individual new business premium rose 4.26% to ₹2.56 lakh crore; total premium income increased 2.75% to ₹4.88 lakh crore. Profit after tax surged 18.5% to ₹48,151 crore. Assets under management grew 6.45% to ₹54.52 lakh crore. Increasing focus on agency expansion, digital transformation, and non-par product growth supports long-term earnings.

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