** Shares of Life Insurance Corporation of India LIFI.NS trade 0.1% lower at 834.25 rupees ahead of quarterly results
** Analysts expect strong growth in LIFI's annualised premium and value of new business (VNB)
** However, VNB margins may take a hit, Centrum analysts say, as higher share of profitable policies is offset by government's decision to do away with GST for insurance products which no longer allows insurers to claim the input tax credit
** Management commentary on product mix worth monitoring, analysts say
** Analysts tracking LIFI rate it "buy" on average - data compiled by LSEG
** Stock fell 3.6% in January
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))