Life Insurance Corporation of India, along with the government, will retain a combined 34% stake in IDBI Bank Limited after the Cabinet Committee on Economic Affairs approved the strategic sale of IDBI Bank to a Fairfax Group arm.

Life Insurance Corporation of India said in a BSE filing on October 13, 2026 that it will launch three non-participating, non-linked plans — New Jeevan Dhara-II, Health Shield and New Cancer Cover — for sale in the domestic market from October 19, 2026.

Life Insurance Corporation of India was the focus of concentrated mutual fund demand in the government's August offer for sale of up to 6.5% stake worth Rs 31,552 crore, with one fund house bidding Rs 12,000 crore and another bidding Rs 7,000 crore. Domestic mutual funds accounted for roughly 76.5% of the OFS allocation, lifting their combined ownership in Life Insurance Corporation of India from under 1% at end-July to about 5.4% by end-August, including Rs 17,145 crore of shares acquired by ICICI Prudential Mutual Fund and SBI Mutual Fund together.

Life Insurance Corporation of India is expected to expand VNB margin by about 320 basis points year-on-year to 22.5%, according to Kotak, driven by a higher share of non-participating products despite moderate industry-wide life insurance sales.

Life Insurance Corporation of India is expected by Emkay Research to see healthier value of new business margin expansion, while Systematix expects it among the strongest in new business premium growth. Emkay retained a buy rating with an unchanged target price of Rs 550.

Life Insurance Corporation of India recorded 19.9% year-on-year growth in new business premium to Rs 27,528.7 crore in September, according to Life Insurance Council data, supporting 21.32% industry growth to Rs 48,780.55 crore. For April-September FY27, Life Insurance Corporation of India's premium grew 19.3% year-on-year to Rs 1.44 trillion.