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SBI Life Insurance new business premium up 77% to Rs 4,644 crore

Renewal Premium grew by 26% to touch Rs 3,715 crore, against Rs 2,496 crore last year

B S Reporter  |  Mumbai 

SBI Life Insurance reported a net profit of Rs 428 crore for the first half of the current financial year, an increase of 5 per cent over the same period last year. This was aided by strong growth in total New Business Premium, which grew by 77 per cent to touch Rs 4,644 core, as against Rs 2,626 crore last year. Renewal Premium grew by 26 per cent to touch Rs 3,715 crore, against Rs 2,496 crore last year. As on September 30, 2016, the total Assets Under Management (AUM) touched Rs 87,784 crore, as against Rs 74,554 crore last year, said a press release issued by the ...

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SBI Life Insurance new business premium up 77% to Rs 4,644 crore

Renewal Premium grew by 26% to touch Rs 3,715 crore, against Rs 2,496 crore last year

Renewal Premium grew by 26% to touch Rs 3,715 crore, against Rs 2,496 crore last year SBI Life Insurance reported a net profit of Rs 428 crore for the first half of the current financial year, an increase of 5 per cent over the same period last year. This was aided by strong growth in total New Business Premium, which grew by 77 per cent to touch Rs 4,644 core, as against Rs 2,626 crore last year. Renewal Premium grew by 26 per cent to touch Rs 3,715 crore, against Rs 2,496 crore last year. As on September 30, 2016, the total Assets Under Management (AUM) touched Rs 87,784 crore, as against Rs 74,554 crore last year, said a press release issued by the ... image
Business Standard
177 22

SBI Life Insurance new business premium up 77% to Rs 4,644 crore

Renewal Premium grew by 26% to touch Rs 3,715 crore, against Rs 2,496 crore last year

SBI Life Insurance reported a net profit of Rs 428 crore for the first half of the current financial year, an increase of 5 per cent over the same period last year. This was aided by strong growth in total New Business Premium, which grew by 77 per cent to touch Rs 4,644 core, as against Rs 2,626 crore last year. Renewal Premium grew by 26 per cent to touch Rs 3,715 crore, against Rs 2,496 crore last year. As on September 30, 2016, the total Assets Under Management (AUM) touched Rs 87,784 crore, as against Rs 74,554 crore last year, said a press release issued by the ...

image
Business Standard
177 22