
The insurer retained its market leadership during FY26, accounting for 56.66% of the industry's first-year premium income and 65.16% of all policies sold in the country, according to its FY26 Annual Report released on Friday
Mr. Mahesh S. Shetti is a certified Insurance and savings advisor with India’s leading Insurance providing company LIC. We understand that successful financial portfolio is not dependent on the products, but on the service we provide to our clients and the relation that we build. We work closely with you to build that trust and we guarantee customized and timely service.
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The insurer retained its market leadership during FY26, accounting for 56.66% of the industry's first-year premium income and 65.16% of all policies sold in the country, according to its FY26 Annual Report released on Friday
ASIA Insurance Post 24/06/2026
The consequences of this lack of awareness are significant. At the beginning of FY2025, insurers were holding more than ₹9,305 crore in unclaimed amounts, including maturity proceeds, death claims and surrender values.

