LIC invested nearly $2 billion in 10 companies in Q4 FY26, adding names like Bajaj Finance, Bharti Airtel, and TCS. The purchases came even as markets faced volatility and growing fears about AI disrupting business models. Several of LIC’s selected stocks fell significantly during the same quarter, raising questions about how the insurer is timing risk and opportunity.
Since launching in 2015, India’s Pradhan Mantri Jeevan Jyoti Bima Yojana has enrolled over 27 crore people and disbursed Rs 17,600 crore in claims, supporting the government’s “Insurance for All by 2047” push. The scheme provides Rs 2 lakh life cover for an annual premium of Rs 436, positioning low-cost coverage at scale.
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During the March quarter’s market slump, Life Insurance Corporation of India deployed nearly $2 billion into 10 stocks, adding to positions in names such as Bajaj Finance, Bharti Airtel, TCS, and Infosys despite price declines. LIC also trimmed exposure in other holdings, signaling a selective contrarian strategy rather than broad buying.
Kotak Mahindra Bank’s CEO has raised concerns about IDBI Bank’s valuation as the privatization process drags on. IDBI, backed by LIC, reported quarterly earnings that missed market estimates, fueling uncertainty around both the timing and the eventual pricing of the divestment. Investors now watch whether the earnings gap affects negotiations and potential offer terms.
India has notified 100% foreign direct investment in insurance companies via the automatic route, coming into effect under the Insurance Laws (Amendment) Act, 2025. The move follows Cabinet clearance and raises the FDI cap from 74% to 100%, aiming to boost long-term capital and insurance penetration. Foreign investment still needs IRDAI regulatory clearance, with conditions including resident leadership, RBI FEMA pricing norms, and LIC remains capped at 20%.
India has notified 100% FDI in insurance companies under the automatic route, meaning foreign investors can invest fully without prior approvals. The move is aimed at easing entry into the sector, but the LIC investment cap is reported to remain at 20%, preserving a key restriction even as overall foreign participation expands.
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Infosys has dropped out of India’s top 10 most valuable firms in April 2026 after losing nearly ₹2 lakh crore in market value since January. Even with stronger Q4 FY26 revenue and profit, disappointing FY27 guidance and AI-driven concerns over legacy IT demand pressured the stock. LIC and Bajaj Finance replaced Infosys, underscoring a shift toward banks and non-IT leaders.
LIC has unveiled two new life insurance products: Jan Suraksha 880 for lower-income customers and Bima Lakshmi 881 exclusively for women. Both offer life cover, while Bima Lakshmi adds periodic money-back options and critical illness coverage. The launches mark LIC’s first products released under the new GST regime, bringing fresh eligibility terms and benefits to customers.
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