Synopsis
LIC has been ranked as the third strongest insurance brand worldwide, with a Brand Strength Index (BSI) score of 88, according to the Brand Finance Insurance 100 2025 report. The report highlights significant growth in brand value across the top insurance brands, driven by various economic factors.Key Takeaways
- LIC ranks third globally with a BSI of 88.
- PZU leads with a BSI of 94.4.
- LIC is 12th in overall brand value.
- 9% growth in brand value for top 100 brands.
- FDI limit in insurance increased to 100%.
New Delhi, March 7 (NationPress) The Life Insurance Corporation of India (LIC) has been positioned as the third strongest insurance brand globally, with a remarkable Brand Strength Index (BSI) score of 88 out of 100, as highlighted in the Brand Finance Insurance 100 2025 report.
Claiming the top position is Poland’s PZU with a BSI score of 94.4, followed closely by China Life Insurance, which occupies the second spot with a score of 93.5.
In terms of overall brand value, LIC ranks 12th among the most valuable insurance brands worldwide, while SBI Life holds the 76th position, making them the only two Indian insurers featured in the top 100.
The Brand Finance report indicates a 9% increase in brand value for the top 100 insurance brands in 2025, attributed to enhanced underwriting results, elevated investment income, rising interest rates, and greater profitability. The market capitalization of leading insurance brands has surged as demand for insurance products has grown across various sectors. The recovery of the economy and positive market sentiment have bolstered investor confidence, while strategic mergers, acquisitions, and technological innovations have propelled industry growth.
Financially, LIC reported a 17% year-on-year increase in standalone net profit for the December quarter, reaching Rs 11,056.47 crore, compared to Rs 9,444.42 crore in the prior year. This increase was facilitated by a reduction in management expenses, especially employee-related costs.
On a consolidated basis, LIC's net profit rose by 16% to Rs 11,009 crore, up from Rs 9,469 crore a year ago. Expenses related to employee compensation and welfare saw a 30% decline, dropping to Rs 14,416 crore from Rs 18,194 crore, resulting in a 231 basis points decrease in the expense ratio to 12.97% from 15.28%.
In addition, India’s insurance sector received a significant boost when Finance Minister Nirmala Sitharaman announced an increase in the FDI limit from 74% to 100% in the Budget for 2025-26, a key reform in the financial sector.
This revised FDI limit for the insurance industry will apply to companies that invest the entire premium within India. The Finance Minister stated that existing regulations and conditions related to foreign investment will be reviewed and simplified.
