Archive · 24 Jul 2025
SBI Life Insurance Reports Rise in Profit and Premium
SBI Life, an insurance company, made more money this past quarter.
Their profits went up by 14%, which means they earned ₹594 crore.
They also sold more new insurance policies, bringing in ₹7,268 crore.
More people bought individual policies, and the company's overall investments grew too.
The company is doing well and has enough money to cover future claims.
They operate through various channels to sell their insurance policies.
SBI Life Insurance reported a 14% increase in profit after tax, reaching ₹594 crore.
New business premium rose to ₹7,268 crore, up from ₹7,033 crore year-over-year.
Individual new business premium increased by 4% to ₹4,939 crore.
The company's assets under management expanded by 15% to ₹4,75,813 crore.
SBI Life's solvency ratio remained robust at 1.96, above the regulatory requirement.
- Who
- SBI Life Insurance Company Limited.
- What
- SBI Life Insurance reported a 14% increase in profit and a rise in new business premium.
- When
- For the quarter ended June 30, 2025.
- Where
- Nationwide, through 1,146 offices.
- Why
- No specific reasons are provided in the article, only financial performance.
- Profit After Tax
- ₹594 crore
- New Business Premium
- ₹7,268 crore
- Individual New Business Premium
- ₹4,939 crore
- Assets Under Management
- ₹4,75,813 crore
- Solvency Ratio
- 1.96
- Market Share
- 22.3% (individual regular premium), 25% (individual new business premium)