LIC Reports 9-Month FY26 VNB Margin at 18.8%

Life Insurance Corporation of India (LIC), the country’s largest life insurer, has reported a VNB margin of 18.8% for the nine months ended FY26. The figure underscores LIC’s ability to sustain profitability while expanding its customer base and product portfolio in a highly competitive insurance market.

The VNB margin is a key metric that reflects the profitability of new business written during the period. LIC’s performance demonstrates its focus on balancing growth with efficiency, supported by strong distribution channels and customer trust.

Key Highlights

• VNB Margin: 18.8% for 9 months of FY26.
• Operational Strength: Driven by product mix optimization and efficiency.
• Market Leadership: Reinforces LIC’s dominance in India’s life insurance sector.
• Customer Base: Expanding reach through strong distribution networks.
• Strategic Focus: Continued emphasis on financial inclusion and sustainable growth.

LIC’s results highlight its resilience and strategic positioning, ensuring long-term value creation for policyholders and investors alike.

Sources: Company announcement, Reuters, Business Standard