SBI Life Insurance posted a New Business Premium of ₹31,326 crores for the period ended December 31, 2025, compared to ₹26,256 crores in the same period last year. Regular premium income increased by 15% year-on-year.
Protection business remained a key growth driver, with protection new business premium rising 22% to ₹3,411 crores. Protection Individual new business premium stood at ₹651 crores. Individual New Business Premium grew 14% to ₹22,545 crores.
Profit After Tax reached ₹1,666 crores, reflecting a 4% growth over the corresponding period of the previous year. The solvency ratio stood at a robust 1.91 as on December 31, 2025.
Assets under Management increased 16% to ₹5,11,708 crores, with the investment portfolio maintaining a conservative stance. The debt-equity mix was 59:41, and 94.97% of debt investments were in AAA-rated and sovereign instruments.
The insurer maintained 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 rose 16% to ₹18,519 crores, while Total New Business Sum Assured grew 68.8% to ₹10,83,360 crores.
Value of New Business stood at ₹5,042 crores with a growth of 17%, supported by a VoNB margin of 27.2%. Indian Embedded Value increased 18% to ₹80,129 crores, alongside a 101 basis points improvement in 13-month persistency.
SBI Life continues to operate through a wide distribution footprint of 1,176 offices and over 3.53 lakh trained insurance professionals across India.
