What we do SBI Life Insurance is a leading Indian life insurer offering protection, savings, pension, and health products to individuals and groups across multiple channels. |
Founded in 2,000 |
Market share Holds ~23% market share in private individual rated premium, with strong leadership and fastest growth in new business premiums. |
Problem solved Provides financial security and long-term savings solutions to address protection, retirement, and health needs of Indian customers. |
Top clients or who we serve Serves individual retail clients, corporate groups, and institutional customers via bancassurance, agency, and direct sales channels (B2C and B2B). |
Key management Amit Jhingran, Managing Director & CEO, brings extensive leadership in insurance and finance sectors. |
Our journey and innovations Since 2001, the company has expanded product portfolio significantly, pioneered digital onboarding, deployed AI and automation, and consistently achieved high growth and profitability. |
Where we operate Pan-India presence with 1,110 offices, serving customers across all states and union territories. |
Top products or what we offer Wide array of life, health, pension, and unit-linked insurance plans including SBI Life - Smart Shield Premier, SBI Life - Smart Fortune Builder, and more. |
Top brands SBI Life - Smart Shield Premier (leading term plan), SBI Life - Smart Fortune Builder, SBI Life - Smart Annuity Income; key drivers of growth. |
Raw materials needed Not applicable to insurance business model. |
Raw materials supplier Not applicable. |
Recurring vs cyclical contribution Revenue mainly recurring via renewal premiums alongside new business premiums. |
Our industry position Among top private life insurers in India with robust solvency ratio of 1.96 and industry-leading persistency. |
Financial highlights FY25 revenue ₹116,888 crore, net profit ₹2,413 crore, AUM ₹4.48 trillion with 15% growth, 27% PAT growth. |
Geographical revenue split Primarily India; no significant international operations. |
Order book Not applicable to insurance business. |
Whats driving growth Growth driven by expanding middle-class, bancassurance reach, digital servicing, product innovation, and increased insurance awareness. |
Our future plans Focus on launching new products, expanding digital capabilities, and enhancing customer experience while maintaining financial strength. |
Our green promise Committed to sustainability with 100% renewable energy at offices, water management, and waste recycling initiatives. |
Our people and values Over 26,000 employees with focus on diversity, inclusion, upskilling, and ethical customer service. |
Key challenges ahead Navigating regulatory changes, economic uncertainties, and increasing competition while maintaining growth and profitability. |
Interesting facts India's fastest growing insurer with over 24 years of consistent growth and market leadership in individual rated premiums. |
Risks and strategy Mitigates insurance, market, operational risks via strong governance, ISO certifications, and robust risk management framework. |
