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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Friday, October 23, 2026

LIC India

An Indian flag marks India on a map of South Asia.
Fairfax's US$5.6bn IDBI Bank bid includes plan to combine lender with Digit insurers
October 15 2026
Fairfax said Digit and IIFL Capital would retain their existing management teams while gaining access to IDBI Bank's customer base and distribution network.
Judge's gavel resting on a stack of cash with a scales of justice in the background, on a wooden table.
LIC faces US$11.4m GST exposure over FY2022-23 input tax credit claims
July 31 2026
The order adds to a growing number of GST disputes involving Indian insurers over input tax credit claims.
LIC logo with two circular portraits of men against a city skyline backdrop
LIC elevates Shatmanyu Shrivastava to CFO, Varadarajan Muthuvenkataraman named CRO
July 29 2026
The new finance chief replaces Sunil Agrawal, who stepped down late last month.
LIC logo over a city skyline with a bridge spanning a river at sunset
LIC announces CFO resignation; names Jayasimhan Tirumala for compliance chief role
June 25 2026
Agrawal will step down on 14 July, while Tirumala’s appointment is subject to IRDAI approval.
Circular headshot of a man over a city skyline, with the IRDAI logo visible in the top-left corner.
LIC India's Dinesh Pant joins IRDAI as whole-time member
June 19 2026
A seasoned professional with over 35 years of insurance experience, Pant will serve the regulator for five years.
Facade of the United India building with tall columns and beige stone, banners on top, and a busy street with motorcycles and auto rickshaws in the foreground
LIC seeks more long-term investment instruments as annuity liabilities grow
June 8 2026
The insurer said it is engaging with IRDAI, RBI and SEBI as rising annuity inflows increase demand for long-duration assets.
Untitled design 4
India eyes US$1bn LIC stake sale next month — Report
May 28 2026
The government is reportedly planning to divest around 2% in the state-owned life insurer as part of efforts to meet public shareholding requirements.
india-life-insurers-new-business-premiums-jump-39-in-april-led-by-group-business-growth
India life insurers’ new business premiums jump 39% in April, led by group business growth
May 28 2026
India’s life insurers kicked off the financial year with strong growth, led by group business expansion that boosted both premium collections and overall coverage levels.
LIC
LIC reports strong VNB growth in FY2026 on higher-margin non-participating product mix 
May 25 2026
LIC’s FY2026 performance was driven by strong growth in annual premium equivalent (APE) and a sharp improvement in value of new business (VNB), supported by a rising contribution from higher-margin non-par...
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Indian gov't eyes divestment of billion-dollar stake in LIC by year-end: Report
October 29 2025
This move is intended to increase the public float to 10% to comply with the mandate from the Securities and Exchange Board of India.
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.