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SBI Gen’s net profit more than doubled to Rs 509 crore in FY 25

SBI Gen’s net profit more than doubled to Rs 509 crore in FY 25

by AIP Online Bureau | Apr 23, 2025 | Banking & Bancassurance, Indian News, Non-Life

Naveen Chandra Jha, MD & CEO, SBI General Insurance  Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “We have been consistently growing faster than the market. In FY25, our GWP grew by 11.1 per cent, 70 per cent faster than the industry growth of...
SBI Gen pays its first parametric claim of Rs1.06 cr for Nagaland’s natural disaster losses

SBI Gen pays its first parametric claim of Rs1.06 cr for Nagaland’s natural disaster losses

by AIP Online Bureau | Mar 30, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

“Our parametric insurance model ensures that financial assistance reaches the affected communities and regions without delays, helping strengthen resilience against natural disasters. As climate variabilities increase, parametric insurance plays a vital role in...
SBI General partners with Agri Ministry for promoting PMFBY among farmers

SBI General partners with Agri Ministry for promoting PMFBY among farmers

by AIP Online Bureau | Feb 5, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Technology

Naveen Chandra Jha, MD and CEO of SBI General Insurance SBI General will be conducting awareness workshops such as Fasal Bima Pathshala, Women centric workshops etc. in 8 states namely Madhya Pradesh, Uttar Pradesh, Uttarakhand, Odisha, Assam, Tamil Nadu, Maharashtra...

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