Private life insurers continued to depend heavily on ULIPs in FY26, although protection products gained momentum after GST exemption and rising customer demand for life cover
SBI Managing Director Ashwini Tewari says insurance firms should prioritise protection products over ULIPs and calls for stronger safeguards against mis-selling
Life insurers reported a sharp rise in new business premium in April, driven by strong growth in LIC and private insurers amid continued GST-related momentum
Life insurance stocks decline after DFS suggests banks avoid exclusive tie-ups, raising concerns over bancassurance models and potential impact on costs and margins
SBI Life Insurance posted a 5% rise in Q3FY26 net profit to ₹577 crore, supported by strong premium growth but weighed down by higher expenses and labour code provisioning
At 10 AM, SBI Life share price continued to trade in the northward direction, up 3.37 per cent at ₹1,902.60 per share. By comparison, BSE Sensex was trading 0.57 per cent higher at 84,695.60 levels.
This latest revision, it said, was shaped by several factors, which meant increasing exposure to the financials and consumer sectors, booking gains in stocks where the market drivers are in place
Stocks to Buy Today, May 29: Canara Bank share price, Hudco share price, and SBI Life share price have given fresh break out on charts and are poised for upside
Technical chart suggests that near-term bias for SBI Life is likely to remain upbeat as long as the stock trades above ₹1,663 levels; check target price, key resistance levels here
SBI Life share price: In its fourth quarter ended March 31, 2025, SBI Life reported a net profit of ₹813.51 crore as compared to ₹810.8 crore in the year-ago period
The insurer's standalone profit more than doubled to 3.86 billion rupees ($45 million) for the quarter ended March 31. Its quarterly net premium income grew 11% to 16.37 billion rupees