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LIC’s Massive Lead in Market Cap With ₹6.18 Lakh Cr in market cap, LIC far surpasses its insurance rivals — the closest being SBI Life at ₹1.46 Lakh Cr.

India is the tenth largest life insurance market in the world and the second largest in emerging markets. LIC holds 60% of the market share in terms of premiums.

On January 20, 2025, LIC created history by setting a Guinness World Record the most life insurance policies sold in just 24 hours. Over 4.5 lakh LIC agents worked tirelessly across the country, helping 5.88 lakh families take a step towards financi

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