Life Insurance Corporation of India (LIC) faces significant growth hurdles, with analysts identifying weak new business growth and margin pressures as its "Achilles' heel." Despite these challenges, brokerages remain optimistic about LIC's long-term recovery, citing its steady progress in adapting to market dynamics. The insurer's ability to innovate and address operational inefficiencies will be critical to sustaining growth in a competitive landscape. LIC's resilience could shape the future of India's insurance sector, which is poised for transformation.
Source: NDTV Profit.