MUMBAI: Life Insurance Corporation of India (LIC) reported a 20.1% year-on-year increase in net profit to Rs 12,076 crore in Q2 FY27 ended Sept 30, 2026, compared with Rs 10,053 crore in the corresponding quarter last year.Total premium income increased 11.6% to Rs 2,74,269 crore during H1 FY27. Individual new business premium income rose 14.9% to Rs 32,725 crore, while individual renewal premium income increased 4.7% to Rs 1,27,950 crore. Total individual business premium income grew 6.6% to Rs 1,60,675 crore. Group business premium income increased 19.6% to Rs 1,13,594 crore, with group new business premium income rising 20.6% to Rs 1,11,685 crore.The insurer sold about 71 lakh individual policies during the period, down 2.3% from 72.6 lakh a year ago.