Improvement in 13M persistency by 70 bps
FinTech BizNews Service
Mumbai, October 24, 2025: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of Rs18,349 crores for the period ended on 30th September, 2025 vis-a-vis Rs15,725 crores for the period ended 30th September, 2024. Regular premium has increased by 10% over the corresponding period ended on 30th September, 2024.
Establishing a clear focus on protection, SBI Life’s protection new business premium stood at Rs2,211 crores for the period ended September 30, 2025, marking a growth of 29%. Protection Individual new
business premium stands at Rs371 crores for the period ended September 30, 2025. Individual New
Business Premium stands at Rs12,175 crores with 6% growth over the corresponding period ended on
30 th September, 2024.
SBI Life’s profit after tax stands at Rs1,089 crores for the period ended September 30, 2025 with a growth
of 4% over corresponding period ended on September 30, 2024.
The company’s solvency ratio continues to remain robust at 1.94 as on September 30, 2025 as against
the regulatory requirement of 1.50.
SBI Life’s AUM also continued to grow at 10% to Rs4,81,465 crores as on September 30, 2025 from
Rs4,38,954 crores as on September 30, 2024, with the debt-equity mix of 60:40. 95% of the debt
investments are in AAA and Sovereign instruments.
The company has a diversified distribution network of 343,543 trained insurance professionals and wide
presence with 1,154 offices across the country, comprising of strong bancassurance channel, agency
channel and others comprising of corporate agents, brokers, Point of sale persons (POS), insurance
marketing firms, web aggregators and direct business.
Performance for the period ended September 30, 2025
Private Market leadership in Individual New Business Premium & Individual Rated Premium with
market share of 25.4% & 22.6% respectively.
Annualized Premium Equivalent (APE) stands at Rs9,917 crores with growth of 10%.
Total New Business sum assured stands at Rs7,11,739 crores with 99% growth.
Improvement in 13M persistency by 70 bps
Value of New Business (VoNB) stands at Rs2,753 crores with a growth of 14%.
VoNB Margin stands at 27.8%.
Indian Embedded value (IEV) stands at Rs75,997 crores with growth of 15%.
Profit After Tax (PAT) stands at Rs1,089 crores with 4% growth.
Robust Solvency ratio of 1.94.
Assets under Management stands at Rs4,81,465 crores with 10% growth.
Operating return on embedded value stands at 17.6%.
