The Life Insurance Corporation of India (LIC) has been ranked third among the world’s strongest insurance brands, with a Brand Strength Index (BSI) score of 88 out of 100, according to the Brand Finance Insurance 100 2025 report. Poland-based PZU secured the top spot, followed by China Life Insurance. In terms of overall brand value, LIC holds the 12th position, while SBI Life ranks 76th, making them the only two Indian insurers in the top 100.
The report notes that the top 100 insurance brands have grown 9% in brand value in 2025, driven by improved underwriting results, higher investment income, and increased profitability. The LIC has reported a 17% year-on-year rise in standalone net profit for the December quarter, reaching Rs 11,056.47 crore, supported by a decline in management expenses.
The Indian insurance sector has also received a major boost with the Finance Minister announcing an increase in the FDI limit from 74% to 100% in the Budget for 2025-26. This move is expected to attract more foreign investment in the sector, as companies that invest the entire premium in India will be eligible for the enhanced FDI limit. The current conditionalities associated with foreign investment will also be reviewed and simplified.
The LIC’s financial performance has been strong, with a consolidated net profit increase of 16% to Rs 11,009 crore, driven by a decline in employee compensation and welfare expenses. The company’s expense ratio has also reduced to 12.97% from 15.28%. The increase in FDI limit is expected to further boost the growth of the insurance sector in India, which has been driven by economic recovery, positive market sentiment, and strategic mergers and acquisitions.
Overall, the LIC’s strong brand and financial performance, combined with the government’s efforts to liberalize the insurance sector, are expected to drive growth and investment in the industry. The increased FDI limit is likely to attract more foreign players, leading to increased competition and innovation in the sector. With the Indian insurance market expected to continue growing, the LIC and other Indian insurers are well-positioned to capitalize on this trend and expand their presence in the global market.