Factuary

SBI Life Insurance Insurance Data

lifeIRDAI Reg. 111

Listed private life insurer; joint venture between State Bank of India and BNP Paribas Cardif.

HQ: Mumbai
Founded: 2001
Website ↗
IRDAI Disclosures ↗

SBI Life Insurance is a life insurance company licensed by IRDAI (registration number 111). Its solvency ratio of 1.96× as of Q1 FY26-27 exceeds the IRDAI mandatory minimum of 1.5×, ranking 16th among 25 life insurers. The company reported gross written premium of ₹84985 crore in FY25-03, ranking 2nd by premium among 25 life insurers. Its 13th-month premium persistency ratio was 84.3% in Q1 FY26-27.

Peer rank among life insurers with data for that metric. Not shown when fewer than 3 peers have data.

Premium

gross written premium₹84,985 croreFY25-03Handbook-Table-2-40

Solvency

solvency ratio1.96×Q1 FY26-27NSE-QUARTERLY-RESULTS

Persistency

61st month persistency ratio59.1%Q1 FY26-27NSE-QUARTERLY-RESULTS
25th month persistency ratio76.8%Q1 FY26-27NSE-QUARTERLY-RESULTS
13th month persistency ratio84.4%Q1 FY26-27NSE-QUARTERLY-RESULTS
37th month persistency ratio70.9%Q1 FY26-27NSE-QUARTERLY-RESULTS
49th month persistency ratio67.9%Q1 FY26-27NSE-QUARTERLY-RESULTS
61st month persistency by policy count51.1%FY23-24Handbook-Table-28
37th month persistency by policy count63.7%FY23-24Handbook-Table-28
25th month persistency by policy count70.1%FY23-24Handbook-Table-28
13th month persistency by policy count80.1%FY23-24Handbook-Table-28
49th month persistency by policy count63.6%FY23-24Handbook-Table-28

Financial Position

net worth₹16,985 croreFY24-25Handbook-Table-26

Distribution by Channel

Referrals policies0FY24-25Handbook-Table-100
MI Agents premium₹0.00 croreFY24-25Handbook-Table-100
IMF premium₹0.01 croreFY24-25Handbook-Table-100
Others policies0FY24-25Handbook-Table-100
MI Agents policies0FY24-25Handbook-Table-100
Individual Agents policies8,03,695FY24-25Handbook-Table-100
Corp. Agents (Other) policies96,585FY24-25Handbook-Table-100
Web Agg. policies0FY24-25Handbook-Table-100
Online policies12,022FY24-25Handbook-Table-100
POS premium₹1.42 croreFY24-25Handbook-Table-100
Direct premium₹3,018.77 croreFY24-25Handbook-Table-100
Bank Channel policies12,49,808FY24-25Handbook-Table-100
Referrals premium₹0.00 croreFY24-25Handbook-Table-100
Brokers policies1,975FY24-25Handbook-Table-100
Bank Channel premium₹15,607.69 croreFY24-25Handbook-Table-100
POS policies909FY24-25Handbook-Table-100
Corp. Agents (Other) premium₹564.79 croreFY24-25Handbook-Table-100
Web Agg. premium₹0.00 croreFY24-25Handbook-Table-100
Online premium₹74.51 croreFY24-25Handbook-Table-100
CSCs policies1,710FY24-25Handbook-Table-100
Others premium₹0.00 croreFY24-25Handbook-Table-100
IMF policies8FY24-25Handbook-Table-100
CSCs premium₹4.58 croreFY24-25Handbook-Table-100
Direct policies35,915FY24-25Handbook-Table-100
Brokers premium₹9.38 croreFY24-25Handbook-Table-100
Individual Agents premium₹7,078.96 croreFY24-25Handbook-Table-100

Lapse & Surrender

lapse and surrender ratio4.3%FY24-25Handbook-Table-27

Other Claims

claims settled in 3 to 6 months0.1%FY24-25Handbook-Table-18
claims settled in 6 to 12 months0.0%FY24-25Handbook-Table-18
claims settled in 1 to 3 months0.8%FY24-25Handbook-Table-18
claims settled after 1 year0.0%FY24-25Handbook-Table-18
claims paid within 1 month99.1%FY24-25Handbook-Table-18

Other

Corp. Agents (Other) lives26,995FY24-25Handbook-Table-102
CSCs lives0FY24-25Handbook-Table-102
Brokers lives48,40,983FY24-25Handbook-Table-102
Brokers schemes105FY24-25Handbook-Table-102
Direct schemes321FY24-25Handbook-Table-102
Bank Channel lives7,92,336FY24-25Handbook-Table-102
Direct premium₹4,767.14 croreFY24-25Handbook-Table-102
Others schemes0FY24-25Handbook-Table-102
Bank Channel premium₹3,729.35 croreFY24-25Handbook-Table-102
Web Agg. lives0FY24-25Handbook-Table-102
IMF lives147FY24-25Handbook-Table-102
Others premium₹0.00 croreFY24-25Handbook-Table-102
Direct lives1,74,02,941FY24-25Handbook-Table-102
POS premium₹0.00 croreFY24-25Handbook-Table-102
Online lives0FY24-25Handbook-Table-102
Web Agg. schemes0FY24-25Handbook-Table-102
CSCs schemes0FY24-25Handbook-Table-102
Corp. Agents (Other) premium₹3.05 croreFY24-25Handbook-Table-102
Individual Agents lives31,594FY24-25Handbook-Table-102
Corp. Agents (Other) schemes4FY24-25Handbook-Table-102
Others lives0FY24-25Handbook-Table-102
POS lives0FY24-25Handbook-Table-102
CSCs premium₹0.00 croreFY24-25Handbook-Table-102
MI Agents schemes2FY24-25Handbook-Table-102
Online premium₹0.00 croreFY24-25Handbook-Table-102
MI Agents premium₹6.23 croreFY24-25Handbook-Table-102
MI Agents lives2,24,212FY24-25Handbook-Table-102
Brokers premium₹224.22 croreFY24-25Handbook-Table-102
IMF schemes0FY24-25Handbook-Table-102
Online schemes0FY24-25Handbook-Table-102
Web Agg. premium₹0.00 croreFY24-25Handbook-Table-102
Individual Agents schemes50FY24-25Handbook-Table-102
Individual Agents premium₹486.63 croreFY24-25Handbook-Table-102
POS schemes0FY24-25Handbook-Table-102
Bank Channel schemes103FY24-25Handbook-Table-102
IMF premium₹0.12 croreFY24-25Handbook-Table-102
ULIP commission paid₹1,612.55 croreFY24-25Handbook-Table-13
traditional plan commission paid₹2,126.20 croreFY24-25Handbook-Table-13

Data from IRDAI public disclosures. Click a metric name for full history and provenance.

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