In the reporting quarter, net premium income was up 17.5% y-o-y at ₹1,25,613 crore.
Life Insurance Corporation of India (LIC) reported a 17 per cent year-on-year increase in its Q3 standalone net profit at ₹12,958 crore amid robust growth in premium income and income from investments.
India’s largest life insurer had logged a net profit of ₹11,056 crore in the year-ago period.
Top LIC officials said they are not in a hurry to foray into the health insurance segment by picking up a strategic stake in a standalone health insurer.
Further, it is planning to optimise its real estate holding (market value estimated at about ₹45,000 crore) by seeking more rental income and exploring structures such as Real Estate Investment Trusts (REITs).
Premium income up
In the reporting quarter, net premium income was up 17.5 per cent at ₹1,25,613 crore. Net income from investments rose 14 per cent to ₹1,07,608 crore.
On the expenditure side, expenses of management, comprising net commission and operating expenses, went up 8 per cent to ₹15,576 crore. Benefits paid (net) rose 20 per cent to ₹1,13,283 crore. Change in actuarial liability increased about 14.6 per cent to ₹91,561 crore.
The Assets Under Management (AUM) increased to ₹59,16,680 crore as on December 31, 2025, as compared to ₹54,77,651 crore on December 31, 2024, registering an increase of 8.01 per cent year on year.
R Doraiswamy, CEO & MD, underscored the rising share of Banca and alternate channels in LIC’s overall mix of individual new business premium. “We are confident of the growth prospects of all segments of our business as we move ahead,” he said.
Dinesh Pant, MD, noted that given that the equity market gained almost 10 per cent, the corporation was able to book a good amount of profit without disturbing the intrinsic value of the particular portfolio.
“Our portfolio appreciation is, currently, more than the market appreciation seen in the last nine months,” he said.
LIC’s profit from equities was around ₹24,000 crore in Q3FY26 (₹20,000 crore).
Published on February 5, 2026
