LIC Firmly Denies Washington Post Allegations: Investment Decisions Made with Integrity and Due Diligence

Oct 25, 2025 04:50 pm CST

The Life Insurance Corporation of India (LIC) has issued an official denial against Washington Post reports claiming external influence on its investment decisions, particularly regarding Adani group. LIC emphasized that all investments follow strict due diligence protocols and Board-approved policies, with no external bodies influencing these decisions. The insurer recently reported a 3.91% year-on-year increase in its consolidated net profit for Q1 FY26.