by AIP Online Bureau | Jun 2, 2023 | Indian News, Life, Regulation
SBI Life will have take over the policy liabilities of around two lakh policies of Sahara India Life Insurance (SILIC), backed by the policyholders’ assets, said the IRDAI, The policy data of SILIC reveals that the company’s portfolio is showing run-off trend. The...
by AIP Online Bureau | Apr 26, 2023 | Indian News, Life
The value of new business grew 37 per cent to Rs 5,067 crore, with a robust margin of 30.1 per cent, up 420 bps for the year Mumbai: SBI Life on Wednesday reported Rs 77.6 crore net income for the March quarter, marginally up from the Rs 67.2 crore it had booked in...
by AIP Online Bureau | Mar 8, 2023 | Briefs, Eco/Invest/Demography, Life
SBI Life Insurance on Wednesday declared an interim dividend of Rs 2.5 per share for its investors for the financial year 2022-23. The declared interim dividend will be paid on or before April 6, 2023, to eligible shareholders. The record date is March 16, 2023. The...
by AIP Online Bureau | Jan 21, 2023 | Indian News, Life
The asset under management (AUM) grew by 17 per cent from Rs 2,56,870 crore as on December 31, 2021 to Rs 2,99,990 crore as on December 31, 2022 with debt-equity mix of 71:29, it said Mumbai: Private sector SBI Life Insurance on Saturday reported more than 16 per cent...
by AIP Online Bureau | Jul 28, 2022 | Indian News, Life
The life insurer’s Value of New Business (VNB) jumped 130 per cent to Rs 882 crore and the VNB margin soared 665 basis points to 30.4 per cent during the reporting period Mumbai: SBI Life on Thursday reported an 18 per cent growth in net profit at Rs 263 crore...
