INDIA: SBI Life Insurance, one of the leading life insurers in the country, registered a New Business Premium of ₹18,349 crores for the period ended on 30th September, 2025, vis-à-vis ₹15,725 crores for the period ended 30th September, 2024. Regular premium has increased by 10% over the corresponding period ended on 30th September, 2024.
Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹2,211 crores for the period ended September 30, 2025, marking a growth of 29%. Protection Individual new business premium stands at ₹371 crores for the period ended September 30, 2025. Individual New Business Premium stands at ₹12,175 crores with 6% growth over the corresponding period ended on 30th September, 2024.
SBI Life’s profit after tax stands at ₹1,089 crores for the period ended September 30, 2025, with a growth of 4% over the corresponding period ended on September 30, 2024.
The company’s solvency ratio continues to remain robust at 1.94 as of September 30, 2025, as against the regulatory requirement of 1.50.
SBI Life’s AUM also continued to grow at 10% to ₹4,81,465 crores as on September 30, 202,5, from ₹4,38,954 crores as on September 30, 2024, with the debt-equity mix of 60:40. 95% of the debt investments are in AAA and Sovereign instruments.
The company has a diversified distribution network of 343,543 trained insurance professionals and a wide presence with 1,154 offices across the country, comprising of strong bancassurance channel, agency channel, and others, comprising corporate agents, brokers, Point of sale persons (POS), insurance marketing firms, web aggregators, and direct business.
Performance for the period ended September 30, 2025
- Private Market leadership in Individual New Business Premium & Individual Rated Premium with market share of 25.4% & 22.6% respectively.
- Annualized Premium Equivalent (APE) stands at ₹9,917 crores with growth of 10%.
- Total New Business sum assured stands at ₹7,11,739 crores with 99% growth.
- Improvement in 13M persistency by 70 bps
- Value of New Business (VoNB) stands at ₹2,753 crores with a growth of 14%.
- VoNB Margin stands at 27.8%.
- Indian Embedded value (IEV) stands at ₹75,997 crores with a growth of 15%.
- Profit After Tax (PAT) stands at ₹1,089 crores with 4% growth.
- Robust Solvency ratio of 1.94.
- Assets under Management stand at ₹4,81,465 crores with 10% growth.
- Operating return on embedded value stands at 17.6%.
Disclaimer:
Except for the historical information contained herein, statements in this release that contain words or phrases such as ‘will’, ‘expected to’, etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. These forward-looking statements involve several risks, uncertainties, and other factors that could cause actual results, opportunities, and growth potential to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the actual growth in demand for insurance and other financial products and services in the countries that we operate or where a material number of our customers reside, our ability to successfully implement our strategy, including our use of the Internet and other technology our exploration of merger and acquisition opportunities, our ability to integrate mergers or acquisitions into our operations and manage the risks associated with such acquisitions to achieve our strategic and financial objectives, our growth and expansion in domestic and overseas markets, technological changes, our ability to market new products, the outcome of any legal, tax or regulatory proceedings in India and in other jurisdictions we are or become a party to, the future impact of new accounting standards, our ability to implement our dividend policy, the impact of changes in insurance regulations and other regulatory changes in India and other jurisdictions on us. SBI Life Insurance Company Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
This release does not constitute an offer of securities.