Life Insurance Corporation Of India

INR 2,45,680

INANCIAL UPDATES Business Performance Parameters Amount INR Crore Total Premium Income H1 FY26 INR 2,45,680 Cr H1 FY25 INR 2,33,671 Cr +5.14% Total Group Business Premium H1 FY26 INR 94,965 Cr H1 FY25 I

INR 2,33,671

ss Performance Parameters Amount INR Crore Total Premium Income H1 FY26 INR 2,45,680 Cr H1 FY25 INR 2,33,671 Cr +5.14% Total Group Business Premium H1 FY26 INR 94,965 Cr H1 FY25 INR 88,975 Cr +6.73% Ind

5.14%

ameters Amount INR Crore Total Premium Income H1 FY26 INR 2,45,680 Cr H1 FY25 INR 2,33,671 Cr +5.14% Total Group Business Premium H1 FY26 INR 94,965 Cr H1 FY25 INR 88,975 Cr +6.73% Individual Ne

INR 94,965

e H1 FY26 INR 2,45,680 Cr H1 FY25 INR 2,33,671 Cr +5.14% Total Group Business Premium H1 FY26 INR 94,965 Cr H1 FY25 INR 88,975 Cr +6.73% Individual New Business Premium H1 FY26 INR 28,491 Cr H1 FY25

INR 88,975

Cr H1 FY25 INR 2,33,671 Cr +5.14% Total Group Business Premium H1 FY26 INR 94,965 Cr H1 FY25 INR 88,975 Cr +6.73% Individual New Business Premium H1 FY26 INR 28,491 Cr H1 FY25 INR 29,538 Cr -3.54%

6.73%

2,33,671 Cr +5.14% Total Group Business Premium H1 FY26 INR 94,965 Cr H1 FY25 INR 88,975 Cr +6.73% Individual New Business Premium H1 FY26 INR 28,491 Cr H1 FY25 INR 29,538 Cr -3.54% Market Sha

INR 28,491

um H1 FY26 INR 94,965 Cr H1 FY25 INR 88,975 Cr +6.73% Individual New Business Premium H1 FY26 INR 28,491 Cr H1 FY25 INR 29,538 Cr -3.54% Market Share in Premium¹ H1 FY26 59.41% H1 FY25 61.07% - 1.66

INR 29,538

Cr H1 FY25 INR 88,975 Cr +6.73% Individual New Business Premium H1 FY26 INR 28,491 Cr H1 FY25 INR 29,538 Cr -3.54% Market Share in Premium¹ H1 FY26 59.41% H1 FY25 61.07% - 1.66% (Absolute) Renewal

3.54%

88,975 Cr +6.73% Individual New Business Premium H1 FY26 INR 28,491 Cr H1 FY25 INR 29,538 Cr -3.54% Market Share in Premium¹ H1 FY26 59.41% H1 FY25 61.07% - 1.66% (Absolute) Renewal Premium (

59.41%

Premium H1 FY26 INR 28,491 Cr H1 FY25 INR 29,538 Cr -3.54% Market Share in Premium¹ H1 FY26 59.41% H1 FY25 61.07% - 1.66% (Absolute) Renewal Premium (Individual) H1 FY26 INR 1,22,224 Cr H1 F

61.07%

26 INR 28,491 Cr H1 FY25 INR 29,538 Cr -3.54% Market Share in Premium¹ H1 FY26 59.41% H1 FY25 61.07% - 1.66% (Absolute) Renewal Premium (Individual) H1 FY26 INR 1,22,224 Cr H1 FY25 INR 1,15,158

1.66%

491 Cr H1 FY25 INR 29,538 Cr -3.54% Market Share in Premium¹ H1 FY26 59.41% H1 FY25 61.07% - 1.66% (Absolute) Renewal Premium (Individual) H1 FY26 INR 1,22,224 Cr H1 FY25 INR 1,15,158 Cr +6.1

“48.20% > 5 Years FY20 FY23 FY24 FY25 H1FY26 Others LIC LIC has dominant agency force – 45.86% of life insurance Industry.”

“During H1 FY26 Banks collected New Business Premium of Rs.”

“of Customers (# in lakh) 57.5 61.23 72.91 45.4 83.95 88.58 195 216 169 241 240 229 FY21 FY22 FY23 FY24 FY25 H1FY26 FY21 FY22 FY23 FY24 FY25 H1FY26 Source Corporation data; Note 1.”

“ Claim settlement ratio (Death) in H1 FY26 is 97.25% by number as against 97.33% in H1 FY25.”

“ The number of policyholders complaints per 10,000 policies sold in H1 FY26 is 40.22.”

“ Repudiated claim ratio for H1 FY26 is 1.48%¹.”

“ Funded for Clean Ganga project to rejuvenate river Ganga and its ecosystem.”

Higher Vintage

1

Other App includes

1

Shareholders' funds

1

Higher Vintage

48.20% > 5 Years FY20 FY23 FY24 FY25 H1FY26 Others LIC LIC has dominant agency force – 45.86% of life insurance Industry. Source: Corporation data and life council data as on 30.09.2025. 22 Exclusive agency network well trained leading to highest productivity Loyal agency network with a mix of youth and experienced professionals Mix of agents by age group Mix of agents by tenure Above 60 yrs 11% 18-30 yrs 17% 51-60 yrs 20% 31-35 yrs 13% 36-40 yrs 13% 51.80% 48.20% 41-50 yrs 26% Up to 5 Years > 5 Years Source: Corporation data as on 30.09.2025 Figures may not add up due to rounding. 23 Agents’ training Total number of training infrastructure - 732 Training in Sales Training Centers and Zonal Training Centers – 1,96,342 1142 Agents fulfilling the MDRT criteria¹ Total 2,75,197 agents trained in H1 FY26 78.47% Agents recruited within the 18-40 years age group Imparted training to newly recruited Agents – 78,855 5 45.86% Market share by number of agents Producing significant number of MDRTs

Other App includes

Amazon Pay ,Bajaj Finserv, CRED, Free Charge, GPay , InstaPay, JustDial, Mobikwik, PhonePe and Paytm. 9.29% 8.85% 15.84% 13.51% NACH & Direct Debit Merchant Cash counter Other Apps LIC Portal/APP Banks & Franchises Bill Pay 1.06% 0.96% 0.27% 0.03% Source Corporation data. Figures may not add up to total due to rounding off. H1FY25 H1FY26 42 Customer care – at our core philosophy  Settled total death claims of Rs. 12,049 crore in H1 FY26 as against Rs. 11,645 crore in H1 FY25.  Claim settlement ratio (Death) in H1 FY26 is 97.25% by number as against 97.33% in H1 FY25.  The number of policyholders complaints per 10,000 policies sold in H1 FY26 is 40.22.  Repudiated claim ratio for H1 FY26 is 1.48%¹.  More than 26.03 lacs queries resolved through call center/IVRS in H1FY26. Trust of customers gained by consistently high delivery standard. Source Corporation data. ; Figures may not add up to total due to rounding off. ¹ repudiation claim in number. 43 6 KEY FOCUS AREAS Strategy – Key

Shareholders' funds

Share capital Reserves and surplus Credit/(debit) fair value change account Sub-total Borrowings Policyholders' funds Funds for discontinued policies Insurance reserves Provision for linked liabilities Sub-total Funds for future appropriations Total Investments Shareholders' Policyholders' Assets held to cover linked liabilities Loans Fixed assets (a) Current assets (b) Current liabilities Net current assets(a-b) Total As at March 31st 2024 As at March 31st 2025 As at September 30th 2024 As at September 30th 2025 (INR In Crore) 6,325.00 75,740.08 (126.92) 81,938.16 0.00 50,88,007.40 407.86 15,594.06 34,876.09 51,38,885.41 1,214.71 52,22,038.27 63,743.97 48,76,512.40 35,257.82 1,20,258.28 4,056.97 1,85,703.30 63,494.46 1,22,208.84 52,22,038.27 6,325.00 1,20,095.76 (233.02) 1,26,187.74 0.00 53,83,130.85 804.80 15,669.68 47,533.11 54,47,138.42 1,828.40 55,75,154.56 1,04,025.81 51,36,278.80 48,311.99 1,27,479.89 4,461.16 2,03,286.59 48,689.69 1,54,596.90 55,75,154.56 6,325.00 90,026.99 274