LIC CEO On Sustaining Blockbuster Q1 Growth Amid Market Uncertainty

LIC delivered a blockbuster first quarter, with profit rising 23% and Value of New Business (VNB) jumping 61%. In an exclusive conversation with Business Today Group Editor Siddharth Zarabi, LIC CEO & MD R Doraiswamy discusses whether the insurer can sustain this strong growth trajectory through the year. Doraiswamy highlights the key drivers behind LIC’s improved VNB margin, which reached 52%, including changes in product mix, operational efficiency and favourable demographic trends. He also explains the impact of market interest rates and economic uncertainty on VNB, while outlining LIC’s focus on maintaining sustainable growth across key financial parameters.