SBI Life Sees 46% Protection Premium Surge

SBI Life Insurance has announced impressive financial results for the period concluding September 30, 2026. The company's New Business Premium reached ₹20,259 crores, up from ₹18,349 crores in the prior year.

A key highlight is the 46% growth in protection new business premium, which stood at ₹3,235 crores. The overall Individual New Business Premium also saw a healthy 13% increase, amounting to ₹13,732 crores.

Profits have also shown strong upward momentum, with profit after tax growing by 17% to ₹1,274 crores for the same period. This growth is supported by a robust solvency ratio of 1.97, well above the regulatory requirement of 1.50.

Assets under management for SBI Life expanded by 9% to ₹5,27,120 crores. The company maintains a diversified distribution network, comprising 3,94,574 insurance professionals and 1,244 offices across India.