Archive · 24 Jul 2025
SBI General Insurance Reports Q1 Profit Increase
SBI General Insurance made more money in the first three months of this year than last year.
Their profits went up a little bit, about 3%.
They also sold more insurance policies, with the total value of these policies growing by over 21%.
They are doing better than other insurance companies.
They are also managing their risks better, so they have to pay out less money.
They are still the top insurance company for accidents, and they're growing in other areas like health and car insurance.
SBI General Insurance's net profit increased by 2.73% to ₹188 crore in Q1.
Gross Written Premium (GWP) rose 21.49% year-over-year to ₹3,250 crore.
The company's market share in the private sector grew to 6.19%.
Loss ratio improved from 86.2% to 81.7% in Q1.
The company maintained its position as the No. 1 private insurer in the personal accident segment.
- Who
- SBI General Insurance.
- What
- SBI General Insurance reported an increase in net profit and gross written premium.
- When
- During the first quarter of the fiscal year 2026.
- Where
- Data pertains to SBI General Insurance's performance.
- Why
- The company showed strong growth and improved financial metrics, reflecting growth in the insurance market.
- Net Profit Q1FY26
- ₹188 crore
- Net Profit YoY Growth
- 2.73%
- Gross Written Premium (GWP) Q1FY26
- ₹3,250 crore
- GWP YoY Growth
- 21.49%
- Market Share (Private)
- 6.19%
- Loss Ratio Q1FY26
- 81.7%
- Solvency Ratio
- 2.08