The net premium income during the quarter rose 26% YoY to Rs 25,116 crore. The company has maintained its leadership position in Individual Rated Premium of Rs 172.3 billion with 23.3% private market share in FY24.
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], August 2: SBI Life Insurance, one of the most trusted private life insurers in the country becomes the nation's only private sector insurer to achieve a milestone with the opening of its 1000th branch in Jhunsi, Uttar Pradesh. The symbolic inauguration of SBI Life's 1000th branch makes it one of the most accessible insurance providers in the country. The branch expansion also establishes company's commitment to the nation's larger goal of 'Insurance for all by 2047'. Business News | SBI Life Insurance Opens Its 1000th Branch, Reinforcing Company's Commitment to the Nation's Larger Goal of 'Insurance for All by 2047'.
SBI Life Earnings Q1: The net premium income of the insurer came in at Rs 13,104.09 crore, up 17 percent from Rs 11,036.02 crore in the year-ago period.
SBI Life Insurance Company Ltd reports Rs 223 16 crores PAT in Q1FY22 equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.