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SBI General launches exclusive Health Insurance branches across Andhra Pradesh and Telangana

SBI General launches exclusive Health Insurance branches across Andhra Pradesh and Telangana

by AIP Online Bureau | Aug 9, 2025 | Banking & Bancassurance, Health, Indian News, Non-Life

L to R-CS Setty, chairman, State Bank of India, Naveen Chandra Jha, MD & CEO of SBI General Insurance at the launch event of SBI General’s exclusive Health Insurance branches across Andhra Pradesh and Telangana in Hyderabad CS Setty, chairman, State Bank of...
Warburg Pincus in talks with Premji Invest and SBI to sell its 10 % stake in SBI General

Warburg Pincus in talks with Premji Invest and SBI to sell its 10 % stake in SBI General

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

A transaction could value SBI General Insurance at as much as $4.5 billion, the people said. Mumbai: Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about 10% in SBI General Insurance Co., according to people...
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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