LIC of India: New business value matters

!LICI Corporation of India (NSE: LICI) is scheduled to consider its Q2 FY27 financial results on, 5 November 2026. For a life insurer, premium collection is only one part of the performance picture. Product mix, persistency and new business profitability also matter. What I am watching: - Annualised premium equivalent growth - Value of new business - Individual and group business mix - Persistency ratios - Solvency and investment income My analysis: Premium growth driven mainly by lower-margin products may not create the same value as growth in profitable protection and individual products. I would therefore focus on value of new business and persistency rather than relying only on total premium figures. Next trigger: Quarterly business mix and value-of-new-business disclosures. Learning outcome: Understanding product mix, persistency and value of new business helps investors evaluate an insurer's profitability beyond headline premium collections. My stance: Prefer sustainable improvement in new business profitability. Disclaimer: This post represents my independent analysis based on publicly available information and is intended for educational and informational purposes only. I do not hold any position or financial interest in the security discussed as of the date of publication. Investors should independently verify the latest company disclosures and consider their investment objectives and risk profile before making any investment decision.