Mumbai: SBI Life Insurance Company Ltd on Wednesday announced its financial performance for the quarter and nine months ended December 31, 2025, reporting steady growth across key business and profitability metrics.
The company recorded a Profit After Tax (PAT) of ₹16.7 billion for the nine-month period ended December 31, 2025, registering a 4% year-on-year growth. Assets Under Management (AUM) rose 16% year-on-year to ₹5.1 trillion, reflecting strong fund inflows and consistent investment performance.
SBI Life maintained its leadership position in the private life insurance market, achieving a 25.6% market share in Individual Rated Premium (IRP) and 28.1% share in Individual New Business Premium during the period.
The insurer’s Annualised Premium Equivalent (APE) stood at ₹185.2 billion, up 16% year-on-year, while Total New Business Sum Assured surged 69% to ₹10,833.6 billion, driven by higher policy volumes and increased protection uptake.
The Value of New Business (VoNB) increased 17% to ₹50.4 billion, with VoNB margins remaining stable at 27.2%, underscoring disciplined pricing and a balanced product mix. Indian Embedded Value (IEV) rose 18% to ₹801.3 billion, indicating strong long-term value creation.
SBI Life’s solvency ratio stood at a robust 1.91, well above the regulatory requirement of 1.50, reflecting a strong capital position. Persistency also improved, with 13th-month persistency rising by 101 basis points to 87.1%, supported by a focus on quality business and customer retention.
Commenting on the performance, Amit Jhingran, Managing Director & CEO, SBI Life Insurance, said the life insurance industry witnessed improved momentum during the third quarter, aided by regulatory measures and a shift in customer preference toward higher sum-assured products. He added that growth during the period was largely volume-driven, supported by higher policy issuance.
The company continues to strengthen its product portfolio, distribution reach, and digital capabilities while maintaining a balanced approach to growth, profitability, and risk management.