Debasis Mohapatra
Bengaluru, 8 Nov 2025
India’s largest insurer, Life Insurance Corporation showed strong Q2FY26 results with improvement in its VNB margin.
Here is a snapshot:
| Particulars | Q2FY26 | Rise/Fall YoY |
| Net Profit | Rs 10,053.4 crore | 32% ↑ |
| Net Premium Income | Rs 1,26,930 crore | 5.5% ↑ |
| Asset Under Management (AUM) | Rs 57.23 lakh crore | 3.31% ↑ |
| VNB (value of new business) margin | 17.6% (End of September, 2025) | 140 basis points ↑ |
| Solvency Ratio | 2.13% | 15 basis points improvement |
Why behind the numbers?
- VNB Margin improvement indicates higher number of new policies are being underwritten by LIC.
- Healthy solvency ratio shows robustness of LIC’s financial health.



















