SBI Life Insurance Reports 21% Growth in New Business Premium

KOCHI :SBI Life Insurance has delivered a strong financial performance for the period ending September 30, 2026, recording a 21 percent growth in its new business premium to reach ₹20,259 crore. The company registered a 17 percent increase in profit after tax (PAT) at ₹1,274 crore, alongside a substantial 46 percent surge in protection sector premiums, which stood at ₹3,235 crore. Furthermore, the total Assets Under Management (AUM) expanded by nine percent to hit ₹5,27,120 crore, while the Value of New Business (VNB) witnessed a 19 percent rise, reaching ₹3,274 crore.