SBI Life Insurance recorded a New Business Premium of ₹31,326 crores for the period ended December 31, 2025, as against ₹26,256 crores in the corresponding period last year. Regular premium increased by 15% during the period.
The company’s focus on protection resulted in protection new business premium of ₹3,411 crores, registering a growth of 22%. Protection Individual new business premium stood at ₹651 crores. Individual New Business Premium rose 14% to ₹22,545 crores.
Profit After Tax stood at ₹1,666 crores for the period, reflecting a growth of 4%. The solvency ratio remained well-capitalised at 1.91 as on December 31, 2025.
Assets under Management grew by 16% to ₹5,11,708 crores, compared to ₹4,41,678 crores in the previous year. The company maintained a debt-equity mix of 59:41, with 94.97% of debt investments in AAA-rated and sovereign instruments.
SBI Life retained private market leadership in Individual New Business Premium and Individual Rated Premium with market shares of 28.1% and 25.6%, respectively. Annualised Premium Equivalent reached ₹18,519 crores, up 16%, while Total New Business Sum Assured stood at ₹10,83,360 crores, reflecting 68.8% growth.
Value of New Business increased 17% to ₹5,042 crores, with VoNB margin at 27.2%. Indian Embedded Value stood at ₹80,129 crores, growing 18%. The company also reported a 101 basis points improvement in 13-month persistency.
The insurer’s distribution network comprised 3,53,506 trained professionals and 1,176 offices across India, supported by multiple distribution channels.
