The Department of Investment and Public Asset Management (DIPAM) has taken a significant step towards the divestment of government ownership in LIC of India . The DIPAM Secretary has officially announced the commencement of the Request for Proposal (RFP) process for the sale of stake in the insurance giant.

Government Moves Forward with LIC Divestment

This announcement marks a crucial milestone in the government's efforts to reduce its ownership in LIC of India, one of India's largest and most recognizable financial institutions. The initiation of the RFP process signifies the beginning of the formal procedure for divesting the government's stake in the company.

Implications for Investors and the Insurance Sector

The stake sale in LIC of India is expected to attract significant attention from both domestic and international investors. As one of the largest insurers in India, LIC's partial privatization could potentially lead to increased market competition and efficiency in the insurance sector.

Next Steps in the Divestment Process

With the RFP process now underway, potential investors and market analysts will be closely watching for further details on the size of the stake to be sold, the timeline for the divestment, and the valuation expectations set by the government.

The move is part of the government's broader disinvestment strategy aimed at raising funds and improving the operational efficiency of public sector enterprises. As the process unfolds, it will likely have far-reaching implications for the Indian insurance market and the broader financial sector.

LIC of India , the country's largest life insurer, has announced robust financial results for the first quarter of fiscal year 2026, alongside plans to participate in an upcoming investor conference.

Q1 FY2026 Financial Highlights

LIC reported a significant increase in its total group business premium, which rose by 4.77% year-on-year to reach ₹1,19,200.00 crore in Q1 FY2026. The company's individual new business premium also saw a healthy growth of 5.42%, amounting to ₹12,536.00 crore.

Key financial metrics for Q1 FY2026 include:

Market Leadership

LIC continues to maintain its dominant position in the Indian life insurance market. In Q1 FY2026, the company held a 63.51% market share in individual new business premium and a 63.07% market share in policies.

Upcoming Investor Conference

LIC has announced its participation in the Orion IV Powering Through-India on the Global Stage conference, organized by Centrum Broking Limited. The virtual event, scheduled for August 22, 2025, will feature group and one-on-one meetings with investors and analysts.

Embedded Value Growth

As of March 2025, LIC's embedded value stood at ₹7,76,876.00 crore, representing a growth of 6.81% from the previous year. This metric is crucial for valuing life insurance companies as it represents the present value of future profits plus adjusted net asset value.

Conclusion

LIC's robust Q1 FY2026 results, coupled with its plans to engage with investors at the upcoming Centrum Broking conference, underscore the company's strong market position and commitment to stakeholder communication. As India's insurance sector continues to grow, LIC appears well-positioned to capitalize on the expanding market opportunities.