SBI Life Insurance Share News - Latest Updates, Live News & More

Latest news about SBI Life Insurance

SBI Life Reports Robust 32.1% Growth in First Year Premium 9 days ago

SBI Life Insurance has reported a significant increase in its first year premium collection for September. The insurer's first year premium rose to INR 39.53 billion, marking a 32.1% growth compared to the same period last year. This substantial increase suggests strong performance in new business acquisition strategies and potential expansion of the company's customer base.

SBI Life Appoints Dorababu Daparti as Deputy CEO, Welcomes GST Exemption on Individual Life Insurance Policies Sep 05, 2025

SBI Life Insurance Welcomes GST Reduction on Individual Policies from September 2025 Sep 05, 2025

SBI Life Insurance Executes Rs. 18.20 Crore Block Trade on NSE Sep 04, 2025

SBI Life and Insurance Leaders Oppose GST Reduction, Warn of Industry Impact Aug 18, 2025

More news about SBI Life Insurance

01Aug 25

SBI Life Reports Strong Q1 Performance with 14% PAT Growth and Improved VNB Margin

SBI Life Insurance Company Limited reported robust Q1 financial results, with profit after tax growing 14% year-on-year to ₹5.94 billion. The company saw improvements across key metrics, including an 11.7% increase in value of new business to ₹10.90 billion, and a 15% growth in assets under management to ₹4.76 trillion. The VNB margin improved to 27.4%, while gross written premium rose by 14% to ₹178.14 billion. The company maintains its guidance of mid-teens growth for the current financial year and expects VNB margins in the range of 26% to 28%.

31Jul 25

SBI Life Reports 14% Profit Growth and 27.4% VoNB Margin in Q1

SBI Life Insurance Company reported strong Q1 results with profit after tax growing 14% year-on-year to ₹5.94 billion. The company achieved a VoNB margin of 27.4%, up 62 basis points. New business premium stood at ₹72.70 billion, with a private market share of 21.3%. Individual rated new business premium grew 8% to ₹34.70 billion. Gross written premium increased 14% to ₹178.14 billion, while AUM grew 15% to ₹4.76 trillion. The company maintained a solvency ratio of 1.96. SBI Life saw growth in guaranteed non-par savings and protection solutions, with the protection segment growing 53% on an APE basis. The bancassurance channel contributed 58% to total APE. Operational metrics improved, including persistency ratios and death claim settlement ratio.

25Jul 25

SBI Life Insurance Reports 14.4% Profit Growth in Q1, Maintains Strong Market Position

SBI Life Insurance's Q1 net profit rose 14.4% to Rs 594.00 crore. Gross Written Premium increased 14% to Rs 17,181.00 crore, with renewal premium growing 24%. Value of New Business grew 12% to Rs 1,090.00 crore, and VoNB Margin improved to 27.4%. The company maintained market leadership in Individual Rated Premium and Individual New Business Premium. Assets Under Management rose 15% to Rs 4.76 trillion. The product mix was 57% ULIP, 38% Non-Par, and 5% Par. SBI Life's solvency ratio stood at 1.96, above the regulatory requirement.

24Jul 25

SBI Life Reports Robust Q1 Performance with 14% PAT Growth, Reappoints CEO

SBI Life Insurance reported robust Q1 financial results. Profit After Tax grew 14% to ₹5.90 billion, Gross Written Premium increased 14% to ₹178.10 billion, and Value of New Business rose 12% to ₹10.90 billion. The company maintained a strong market position with a 22.3% share in Individual Rated Premium and 25% in Individual New Business Premium. Persistency metrics improved, and the solvency ratio remained strong at 1.96. The Board approved the re-appointment of Mr. Amit Jhingran as MD & CEO from October 1, 2025, to January 31, 2027, subject to shareholder approval.

24Jul 25

SBI Life Insurance Reports Strong Q1 Results with 14% Profit Growth and Surpasses Estimates

SBI Life Insurance Company reported strong Q1 results with net profit up 14% to ₹600.00 crore. Net premium income rose to ₹17,200.00 crore, while new business premium grew 13% to ₹7,270.00 crore. The company maintained a 22.3% private market share in Individual Rated Premium. Value of New Business (VNB) increased to ₹1,090.00 crore, with VNB margin improving to 27.4%. Assets Under Management grew 15% to ₹4,75,810.00 crore, with a solvency ratio of 1.96. Persistency ratios improved, and the company maintained a 98.4% claim settlement ratio. The product mix comprised 57% ULIPs, 38% non-participating products, and 5% participating products.

09Jun 25

SBI Life Reports Robust 25% Premium Growth in May

SBI Life Insurance Company Limited demonstrated significant growth in May across key metrics. The company reported a 25.00% year-over-year increase in premiums, a 13.00% growth in total Annualized Premium Equivalent (APE), and a 4.00% increase in retail APE. These figures indicate positive momentum in the company's business operations and suggest a solid market position in the competitive insurance sector.

28Apr 25

SBI Life Shares Surge Amid Assurance on Bancassurance Channel

SBI Life Insurance Company's stock experienced significant movement following assurance from the Department of Financial Services (DFS) Secretary that no action would be taken against the bancassurance channel. In response to BSE's query, SBI Life stated on April 28, 2025, that all necessary disclosures have been made and the price movement is market-driven. This development is particularly relevant for SBI Life, given its reliance on bancassurance for distribution.

25Apr 25

SBI Life Insurance: Share Price Surges 9% Following Q4 Results and 27% Annual Profit Increase

SBI Life Insurance Company reported a 27% increase in annual profit to ₹2,413.00 crore for FY 2024-25, despite a flat Q4 result. The company's Value of New Business grew 7% to ₹5,950.00 crore, while Gross Written Premium increased 4% to ₹84,980.00 crore. Assets Under Management rose 15% to ₹4,48,040.00 crore. The company maintained its leadership in Individual Rated Premium with a 22.80% private market share. SBI Life's share price surged 9% following the results announcement.

24Apr 25

SBI Life Insurance: Q4 Profit Marginally Up, Premium Income Declines

SBI Life Insurance Company's Q4 results show a 0.3% increase in consolidated net profit to ₹813.50 crore, despite a 5% decrease in net premium income to ₹23,861.00 crore. The company's annual revenue for FY2024 rose by 62.54% to ₹132,631.00 crore, with a 10.07% increase in annual net profit to ₹1,893.80 crore. The insurer demonstrated improved operational efficiency with an Operating Profit Margin of 26.43% for the quarter.

23Apr 25

SBI Life Insurance: Mixed Q4FY25 Projections Ahead of April 24 Results Announcement

SBI Life Insurance Company will release its Q4 and FY25 results on April 24, 2025. Analysts project mixed expectations, with Annualised Premium Equivalent (APE) growth estimated between 0-7.8% YoY. The Value of New Business (VNB) may decline, with potential compression in VNB margins. The board meeting to approve results and an earnings call are scheduled for the same day. The trading window is closed from April 1 until 48 hours post-result declaration.

08Apr 25

SBI Life Insurance Witnesses Significant Block Trade on NSE

A significant block trade of SBI Life Insurance Company Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 347,995 shares at Rs. 1,467.80 per share, totaling Rs. 51.08 crores. This large-scale trade indicates substantial institutional interest in the stock and may reflect investor confidence in the company's prospects.

26Mar 25

SBI Life Insurance Faces ₹23.80 Crore Income Tax Penalty, Plans to Contest

SBI Life Insurance received a ₹23.80 crore penalty from the Income Tax Department for the Assessment Year 2018-19. The company plans to contest the order, filed on March 26, 2025, by appealing to the appropriate Appellate Authority. SBI Life asserts that this penalty will not materially impact its financial operations and believes the Tax Authority erred in adding an allowable expense. The company has informed stock exchanges as per SEBI regulations and announced a trading window closure from April 1, 2025, until 48 hours after declaring FY 2025 results.

25Mar 25

SBI Life Insurance Contests Rs 431 Crore Income Tax Demand for AY 2023-24

SBI Life Insurance received an Income Tax order for Rs 431 crore for the Assessment Year 2023-24. The company plans to appeal, citing erroneous income enhancement and incorrect tax rate application. The order includes a tax demand of Rs 352.50 crore and interest of Rs 78.50 crore. SBI Life claims the Tax Authority erroneously enhanced income and applied a 30% tax rate instead of the applicable 12.5% for life insurance companies. The company asserts this order will not materially impact its financial operations.

25Mar 25

SBI Life Insurance Faces ₹4.31 Billion Tax Demand, Company Remains Unfazed

SBI Life Insurance received an income tax order for ₹3.53 billion in tax and ₹785 million in interest for the Assessment Year 2023-24. The company states this will not adversely impact its operations and plans to appeal, citing incorrect calculations by tax authorities. SBI Life argues that the tax authority erroneously enhanced income and applied an incorrect tax rate. The company intends to file an appeal with the Appellate Authority.

24Mar 25

SBI Life Insurance Faces ₹431 Crore Tax Demand, Plans Appeal

SBI Life Insurance received a tax demand of ₹431 crore from the Income Tax Department for the Assessment Year 2023-24. The demand includes ₹352.50 crore in taxes and ₹78.50 crore in interest. The company plans to appeal, arguing that the tax authority erroneously enhanced both Policyholder and Shareholder income and applied an incorrect tax rate of 30% instead of the 12.5% applicable to life insurance companies. SBI Life asserts that this order will not materially impact its financial operations.

24Mar 25

SBI Life Insurance Faces 4.32 Billion Rupee Tax Demand, Company Remains Unperturbed

SBI Life Insurance received an income tax order for ₹4.32 billion, including ₹3.53 billion in tax and ₹785 million in interest, for the Assessment Year 2023-24. The company plans to contest the order, claiming errors in assessment and incorrect tax rate application. SBI Life argues that the tax authority wrongly enhanced both Policyholder and Shareholder income and applied a 30% corporate tax rate instead of the 12.5% rate for life insurance companies. Despite the substantial amount, SBI Life states this will not materially impact its financial operations.

10Mar 25

SBI Life Insurance Sees Significant Block Trade on NSE

SBI Life Insurance Company Ltd. experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 115,583 shares traded at ₹1,420.40 per share, totaling approximately ₹16.42 crores. This block trade highlights continued interest in the insurance sector and may indicate strategic moves by large investors.

07Mar 25

SBI Life Insurance Soars on Ex-Date: Interim Dividend and Strong Q3 Performance

SBI Life Insurance Company Ltd saw its stock price rise as it turned ex-date for an interim dividend of Rs 2.7 per share. The company reported impressive Q3 FY2023-24 results with net profit surging 71.2% to Rs 550.8 crore. Net premium income increased by 11.3% to Rs 24,827.5 crore. Year-to-date figures show total revenue up 62.23% to Rs 133,665.1 crore and net profit up 10.07% to Rs 1,893.8 crore.

03Mar 25

SBI Life Insurance Sees Rs. 32.52 Crore Block Trade Amid Recent Corporate Updates

SBI Life Insurance Company Ltd. experienced a block trade of 225,195 shares at Rs. 1,444.15 per share on the NSE, totaling Rs. 32.52 crores. The company also initiated a Postal Ballot process, including e-voting from March 10 to April 8, 2025, and appointed scrutineers to oversee the process. These actions demonstrate SBI Life's commitment to shareholder engagement and corporate governance.

03Mar 25

SBI Life Insurance Declares Interim Dividend of ₹2.70 Per Share

SBI Life Insurance Company Ltd has declared an interim dividend of ₹2.70 per equity share. The company has also initiated a postal ballot process with e-voting scheduled from March 10 to April 8, 2025. Two scrutinizers have been appointed to oversee the voting process, demonstrating the company's commitment to corporate governance.

28Feb 25

SBI Life Insurance Declares Interim Dividend, Appoints New Independent Director

SBI Life Insurance announced an interim dividend of ₹2.70 per share for FY 2024-25, payable by March 30, 2025, to shareholders on record as of March 7, 2025. The company appointed Mr. Venugopal Bhaskaran Nayar, former LIC Managing Director, as Additional Independent Director for a three-year term. Other developments include the appointment of a new Secretarial Auditor and approval for a postal ballot on key matters including material related party transactions.

24Feb 25

SBI Life Insurance to Consider Interim Dividend for FY 2024-25, Sets March 7 as Record Date

SBI Life Insurance Company Ltd's Board of Directors will meet on February 28, 2025, to consider an interim dividend for FY 2024-25. The record date is set for March 7, 2025. The trading window for designated persons will be closed from February 24 to March 2, 2025, in compliance with SEBI regulations.