SBI General Insurance 9M 2025 profit skyrockets
The company’s gross written premium (GWP) rose by 10.9% YoY.
SBI General Insurance’s earnings for the first nine months of fiscal year 2025 (FY 2025) nearly quadrupled (273%) year-on-year (YoY) to INR504 crore.
The company’s gross written premium (GWP) rose by 10.9% YoY, whilst its gross direct premium (GDP) grew by 10.5% YoY, surpassing the industry growth rate of 7.8%.
SBI General’s solvency ratio remains strong at 2.12, well above the regulatory minimum of 1.50, reflecting its solid financial position.
Growth was driven by strong performances across key segments.
The motor insurance portfolio recorded 39% YoY growth, supported by enhanced underwriting strategies and expanded digital distribution.
The health insurance segment grew by 12% YoY, driven by increased demand for comprehensive coverage, greater digital adoption, and supportive government policies.