R Doraiswamy, MD & CEO, LIC
Life Insurance Corporation of India is taking advantage of the volatility in the stock market and picking stocks that give the best returns to policyholders and investors, a top official said.
“We have been looking at the geopolitical tensions and issues from time to time and we continue to be an investor. We stay invested. We look at the value proposition available at such times also and see that the markets are also taken care of. But mostly our focus is to ensure that our investments are safe and they provide the returns that we are envisaging for our policyholders,” CEO & MD R Doraiswamy told businessline.
Responding to a query whether the government expected LIC to play any specific role in stabilising the equity markets in the face of Trump’s steep tariffs inducing volatility, he said, “I cannot directly say that government is asking us to do something or the other.
“We ourselves are looking at the situation and based on the emerging economic situation, we buy, ensuring that we get the returns from the investment that we made. We look at the opportunities available and based on the opportunities, we act.”
In the first quarter of FY26 the state-owned life insurer raised its equity exposure significantly to over ₹25,000 crore while its equity portfolio rose 10 per cent sequentially to ₹16.84 lakh crore at the end of June, according to a Prabhudas Lilladher report, b
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