Life Insurance Corporation of India (LIC) – Financial Performance Review (FY25)
FY25 Financial Highlights Overall Performance: LIC demonstrated a resilient performance in FY25, marked by growth in total premium income and significant improvement in profitability and solvency, despite a decline in the number of policies sold. The company’s strategic focus on higher-margin non-participating products appears to be yielding positive results. Key Financial Highlights: Better Retention: Persistency…