SBI Life profit climbs 4% to $18.3b in December period

New business premium rose to ₹31,326 crore from ₹26,256 crore in the same quarter last year.

SBI Life Insurance profit for the period ended on 31 December, 2025 increased by 4% year-on-year (YoY) to $18.3b (₹1,666 crore).

The insurer posted a new business premium of $344.6b (₹31,326 crore) for the period, up from $288.8b (₹26,256 crore) a year earlier.

Regular premium rose by 15% YoY, whilst individual new business premium increased by 14% to $247.9b (₹22,545 crore).

Protection business remained a key growth area. Protection new business premium reached $37.5b (₹3,411 crore), marking a 22% YoY increase compared with the same period last year.

Within this segment, individual protection new business premium stood at $7.16b (₹651 crore).

Annualised premium equivalent rose by 16% YoY to $203.7b (₹18,519 crore), whilst the value of new business increased by 17% YoY to $55.5b (₹5,042 crore), with a margin of 27.2%.

Total new business sum assured climbed sharply by 68.8% YoY to $119.1b (₹10.83 trillion), and 13-month persistency improved by 101 basis points.

The company’s Indian embedded value rose by 18% YoY to $881.4b (₹80,129 crore).

In the private life insurance market, SBI Life retained its lead in individual new business premium and individual rated premium, with market shares of 28.1% and 25.6%, respectively.

The insurer continues to operate a broad distribution network, with over 353,000 trained insurance professionals and 1,176 offices nationwide, spanning bancassurance, agency and other distribution channels.

($1.00 = ₹90.51)