<ul><li>LIC's Value of New Business margin rose by 80 basis points to 17.6% in FY 2025 with a target of further increase to 20% by fiscal 2026.</li><li>LIC recorded a 6.45% increase in first-year premiums in FY 2025, outperforming much of the industry despite subdued growth in other areas.</li><li>CEO Siddhartha Mohanty aims for a 200-300 bps rise in new business margins in FY 2026, focusing on profitable growth and product innovation.</li><li>LIC faces challenges due to product replacement regulations but regained momentum in Q4 FY 2025, with plans for stronger growth ahead in terms of distribution expansion and product offerings.</li></ul>

LIC Eyeing 200-300 Bps Rise From New Business Margins In FY26: CEO Siddhartha Mohanty

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