LIC Reports Muted Q2FY27 Performance; Value Of New Biz Margin Below Estimate
CNBC-TV18 · 06 Nov 2026 · 8 min
Management interview of Life Insurance Corporation of India (LICI), with 3 key numbers discussed.
- R Doraiswamy, MD & CEO, Life Insurance Corporation of India
Life Insurance Corporation of India reported muted APE growth in Q2FY27 due to market volatility dampening ULIP interest and a focus on protection business. Management stated that operational variance, not just yield curve shifts, supported VNB margins. With improving market sentiments, LIC anticipates strong H2FY27 growth across ULIPs, savings, and protection segments without providing specific numerical guidance. Regarding IDBI Bank's divestment, LIC expects its stake to drop to 19% initially and will use a two-year regulatory window to bring it down to 15%, while expecting no material fall in bancassurance volumes.