SBI Life Insurance reports strong Q1 FY 2027 results
after close1 source ↓written by the desknot a recommendation
- in Annualized Premium
- 36% growth
- for Q1 FY
- ₹53.8 billion
- Sum Assured surged
- 211%
- ₹8,500.3 billion
- share in Individual
- 24.9%
SBI Life Insurance Company reported 36% growth in Annualized Premium Equivalent (APE) to ₹53.8 billion for Q1 FY 2027. The Total New Sum Assured surged 211% to ₹8,500.3 billion, reinforcing its market leadership with a 24.9% share in Individual New Business Premium. Profit after tax rose 22% to ₹7.2 billion.
This robust performance may enhance investor sentiment and strengthen SBI Life's position in the insurance sector.
Not investment advice. For informational purposes only.