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Management Change

Life Insurance Corporation of India Management Change

Life Insurance Corporation of India (LIC) has appointed five senior officials effective April 8, 2026. The appointees include Ashok Kumar, Ashutosh Kumar, Ganesh Kinkar Jena, M. Ravikumar, and Narvir Singh Raghava, with terms ranging from 1.4 to 3 years. This move aims to strengthen the leadership team and ensure management continuity.

Key figures
Execution period2 to 3 years
Source

NSE filing, NSE: LICI. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Life Insurance Corporation of India: key numbers

Share price
₹383.25
Market cap
₹4,84,811 Cr
Revenue (annual)
₹9,77,772 Cr
Net profit (annual)
₹57,453 Cr
P/E (TTM)
8.1×Sector 19.1×
Promoter holding
90.00%-6.50% QoQ
FII holding
1.55%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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16:21 IST BSE
Product Launch

Life Insurance Corporation of India Product Launch

Life Insurance Corporation of India is launching three new insurance products—LIC's New Jeevan Dhara-II, Health Shield, and New Cancer Cover—effective October 19, 2026.

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