Life Insurance Corporation Of India — Q1FY27 earnings call summary

Filed 12 August 2026 · Official transcript

Q1 FY27 profit after tax grew 22.81% y-y to 13,492 Cr; total premium income up 6.75% y-y to 127,250 Cr
Management expects margins to improve further in FY27; ULIP sales impacted by market volatility but expected to recover
Protection business growing strongly, driven mainly by individual agents; bancassurance impacted by external factors but expected to improve
Solvency ratio pre-dividend at 2.42, expected to support business growth and regulatory changes
VNB margin improved 750 bps y-y to 22.9%; VNB grew 61.32% y-y to 3,136 Cr
Non-par individual APE share rose to 32.49%; focus on margin-accretive non-par savings and protection
Individual new business premium grew 14.48% y-y; group business premium up 8.61% y-y
Assets under management increased 4.1% y-y to 59.39 lakh Cr; solvency ratio improved to 2.42