LIC Ranked Third Strongest Insurance Brand Globally
| Summary/Static | Details |
|---|---|
| Why in the news? | LIC Ranked World's 3rd Strongest Insurance Brand |
| Ranking | LIC is 3rd strongest insurance brand globally (BSI score: 88/100). |
| Top Global Brands | PZU (Poland) - 1st (BSI: 94.4); China Life Insurance - 2nd (BSI: 93.5). |
| Brand Value | LIC holds 12th position among the most valuable insurance brands. |
| Other Indian Insurers | SBI Life ranks 76th, making them the only two Indian insurers in the top 100. |
| Global Market Growth | Insurance brand value grew 9% in 2025, driven by higher investment returns, economic recovery, and tech advancements. |
| Financial Performance | LIC's standalone net profit rose 17% YoY in Q3 (₹11,056.47 crore); consolidated net profit increased 16% YoY to ₹11,000 crore. |
| Cost Reduction | Employee compensation and welfare costs dropped 30%, reducing the expense ratio to 12.97% from 15.28%. |