LIC targets sales growth in double digits for FY26: MD & CEO R Doraiswamy

The 64 per cent market share is on a composite basis, in which group insurance plays a major role, says Dowaiswamy

R Doraiswamy, who took charge as MD & CEO of  Life Insurance Corporation (LIC) of India last month, says the corporation wants enhanced due diligence to pick up a strategic stake in a standalone health insurance firm. He also emphasises that market share can go up or down, but LIC will continue to be a major player in India and internationally, in an interview with Aathira Varier, Subrata Panda and Manojit Saha. Edited excerpts: 

How do you see LIC faring in terms of market share, growth over the next three years? 

We are looking at growing, and showing profitable growth