{
  "id": 18314198,
  "title": "LIC Q2 Profit Jumps 20% To ₹12,076 Crore, Premium Income Rises 16% To ₹1.47 Lakh Crore",
  "url": "https://urgent.news/2026/11/05/lic-q2-profit-jumps-20-to-12-076-crore-premium-income-rises-16-to-1",
  "topic": "world",
  "section": "World",
  "published": "2026-11-05T12:43:42.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/lic-q2-profit-jumps-20-to-12076-crore-premium-income-rises-16-to-147-lakh-crore"
  },
  "original_language": "en",
  "account": "The Life Insurance Corporation of India (LIC) announced a significant jump in its second quarter profit, with standalone net profit surging 20.1 percent year-on-year to Rs 12,076.02 crore. This growth marked a substantial rise from the previous year's Q2 profit of Rs 10,053.39 crore. The company's premium income also increased by 16.2 percent to Rs 1,47,018.18 crore, up from Rs 1,26,479.26 crore in the same period last year. Despite a sequential decline in net profit by 10.5 percent to Rs 12,125.82 crore, the company's overall performance remained robust. The half-year results for FY27 showed a 21.5 percent increase in standalone net profit to Rs 25,568.05 crore. Total premium income grew by 11.6 percent to Rs 2,74,269 crore, fueled by gains in individual and group insurance segments. LIC's new business premium income expanded by 14.9 percent to Rs 32,725 crore, while group business premium income rose by 19.6 percent to Rs 1,13,594 crore. The company's value of new business increased by 34 percent to Rs 6,846 crore, with its net VNB margin improving by 470 basis points to 22.3 percent. LIC maintained its dominant position in India's life insurance market, commanding a 58.77 percent share of first-year premium income in H1 FY27. The company's assets under management grew by 4.2 percent to Rs 59.61 lakh crore, and its solvency ratio improved to 2.35 from 2.13. However, the number of individual policies sold declined by 2.25 percent to 70.97 lakh. LIC also announced its adoption of Indian Accounting Standards from April 1, 2027, and appointed Naga Nalini Kalluri as Chief Compliance Officer, effective November 6, 2026.",
  "summary": "Mumbai: Life Insurance Corporation of India (LIC) reported a 20.1 percent year-on-year increase in standalone net profit to Rs 12,076.02 crore for the second quarter ended September 30, 2026, compared with Rs 10,053.39 crore in the corresponding quarter last year. The country's largest life insurer also recorded a 16.2 percent increase in net premium income to Rs 1,47,018.18 crore from Rs…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}