India, Oct. 14 -- Indian life insurance has been going through a slow churn for a while now. Savings-type policies that once ruled the sales charts are making room for products that earn the insurer more on every rupee sold. Rules changed, GST on premiums went away, and markets got jumpy. Against that backdrop, the country's biggest life insurer just put out its April to June numbers, and the mix inside them is worth a slow read.

Life Insurance Corporation of India share price closed at Rs393.10, down 0.35% from the previous close of Rs394.50, a fall of Rs1.40. The company has a market cap of Rs4,97,271 crore and a consolidated P/E of 11.55. Its 52-week range is Rs361.00 to Rs468.30.

The Business Mix Is Changing Business mix just means...