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SBI General reports a 30.4% rise in net profit at Rs 240 crore in FY 24

SBI General reports a 30.4% rise in net profit at Rs 240 crore in FY 24

by AIP Online Bureau | Apr 27, 2024 | Banking & Bancassurance, Indian News, Non-Life

Kishore Kumar Poludasu,MD and CEO,SBI General Insurance “The retail business led by Motor and Health have shown strong growth. SBI General Insurance continues to be No. 1 in the Personal Accident segment in the private market, along with its strong presence in...
SBI General Insurance issues its first surety bond as bid security for NHAI

SBI General Insurance issues its first surety bond as bid security for NHAI

by AIP Online Bureau | Nov 11, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

NHAI has been working closely with Highway Operators Association of India (HOAI), SBI General Insurance and AON India Insurance to implement this initiative Insurance surety bond has been issued for NHAI monetization bid of TOT bundle 14 @ 0.25% by the insurer without...

SBI Gen appoints Rakesh Kaul as chief business officer

by AIP Online Bureau | Oct 6, 2023 | Briefs, Non-Life

SBI General Insurance has announced the appointment of Rakesh Kaul as chief business officer. In his new role, he will be responsible for developing and executing business strategies, overseeing sales and distribution efforts, and driving overall company...

SBI General appoints Jitendra Attra as CFO

by AIP Online Bureau | Sep 15, 2023 | Briefs, Non-Life

SBI General Insurance today announced the appointment of Jitendra Attra as its new chief financial officer (CFO). A chartered accountant, his extensive professional background over two decades includes key roles at Zuno General Insurance, Munich Re, SBI Life...
SBI General launches a comprehensive health insurance product

SBI General launches a comprehensive health insurance product

by AIP Online Bureau | Sep 13, 2023 | Health, Indian News, Non-Life, Reinsurance

There are four plans under the product which offers wide range of sum insured options ranging from Rs. 3 Lacs to Rs. 2 crores, and the policy tenure can be opted from one to three years. This product is designed to cater to a broad spectrum of customers, including...
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