Life Insurance Corporation of India (LIC), the largest life insurer in the country, registered a new business premium with the melody of an impressive RS 2.26,669,91 million rupees for fiscal year 2015, which includes a record of 62,404.58 million rupees of new individual businesses, according to data published by the Life Insurance Council on Wednesday.
The new individual commercial premium for FY25 registered a growth or annual base of 8.35 percent, as shown by the figures. However, the premium of the group that changed the financial year fell by 0.40 percent marginal, to RS 1.64.265.34 million rupees of RS 1.64,925.89 million rupees last year.
For fiscal year 2015, LIC sold 1.78 million new policies, despite the introduction of new surrender value standards as of October 1, 2024.
When observing the specific yield of the segment in March 2025, the individual premium segment registered a robust increase of 10.75 percent, totaling RS 10,022 million rupees, compared to RS 9,048.87 million rupees in March 2024.
However, the group’s premium fell 1.34 percent to RS 26,885.33 million RS rupees 27,251.74 million last year.
LIC had reported an interannual increase of 17 percent in independent net profits for the quarter from October to December, reaching RS 11.056.47 million rupees, compared to RS 9.44.42 million rupees in the previous year. This growth was supported by a decrease in management expenses, particularly the costs topped by employees.
LIC has also been located in third place among the strongest insurance brands in the world, achieving a brand force (BSI) index score of 88 of 100, according to the Finance brand report Instalcence 100 2025.
Pzu, based in Poland, assured first place with a BSI or 94.4 score, followed by China Life Insurance, which took second place with a BSI or 93.5 score.
In terms of general value of the brand, LIC occupies the twelfth position among the most valuable insurance brands worldwide, while Sbi Life occupies the 76th position, which makes them the only two Indian insurers among the 100 main ones.
According to the brand’s finance report, the 100 best insurance brands have grown 9 percent in 2025 in 2025, promoted by better subscription results, greater incoming investment, increasing interest rates and greater profitability. Market capitalization for the main insurance brands increased as the demand for insurance products increased in all sectors.
