Brand Finance's latest report has ranked Indian life insurer, Life Insurance Corporation of India (LIC) as the third strongest insurance brand in the world.

The Brand Finance Insurance 100 2025 report which ranks insurers from around, revealed that LIC achieved a Brand Strength Index (BSI) score of 88 out of 100. In terms of overall brand value, LIC holds the 12th position among the most valuable insurance brands globally, while SBI Life ranks 76th, making them the only two Indian insurers in the top 100.

Poland-based PZU secured the top spot with a BSI score of 94.4, followed by China Life Insurance, which ranked second with a BSI score of 93.5.

The Brand Finance report also revealed that the top 100 insurance brands have grown 9% in brand value in 2025, driven by improved underwriting results, higher investment income, rising interest rates, and increased profitability. Market capitalisation for top insurance brands rose as demand for insurance products increased across sectors. Economic recovery and positive market sentiment have strengthened investor confidence, while strategic mergers, acquisitions, and technological advancements have accelerated industry growth.

LIC reported a 17% y-o-y increase in net profit for the December quarter, at INR11,056.47cr ($1.3bn), compared to INR9,444.42cr in the previous year. This growth was supported by a decline in management expenses, particularly employee-related costs.