SBI Life Insurance Co Ltd - Company Profile
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SBI Life Insurance Co Ltd (SBI Life), a subsidiary of State Bank of India, is an insurance company that offers life insurance products. The company offers individual plans such as unit-linked plans, child plans, pension plans, protection plans, and savings plans. It offers group plans which include group employee benefit retirement and protection plans. SBI Life Insurance also provides savings protection products, group micro insurance plans, group loan protection products, health plans, and banking product packages including housing loans and personal loans. The company's services include a premium calculator, child education planner, tax calculator, easy plan finder, NRI services, SMS-based services, online premium payment, digilocker guidebook and premium payment procedure. SBI Life is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Natraj, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai, Maharashtra, 400069
Website
www.sbilife.co.in
Telephone
91 22 61910000
No of Employees
25,672
Industry
Financial Services
Ticker Symbol & Exchange
SBILIFE (NSE)
Revenue (2025)
$12.9B
-6.1%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
2.4%
(2025 vs 2024)
Market Cap*
$19.1B
Net Profit Margin (2025)
XYZ
8.9%
(2025 vs 2024)
* As of and is in US$
SBI Life Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Life Insurance: | Premium Calculator |
| Individual Plans | Tax Calculator |
| Unit Linked Plans | Child Education Planner |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In August, the company and Avendus Future Leaders Fund acquired a minority stake in Aragen Life Sciences, a contract research, development, and manufacturing organization. |
| 2025 | Contracts/Agreements | In August, the company entered into a partnership with AU Small Finance Bank to broaden the availability of comprehensive insurance solutions across India. |
| 2025 | Acquisitions/Mergers/Takeovers | In May, the company in a consortium acquired a stake in PNB Housing Finance from Quality Investment Holdings. |
Competitor Comparison
| Key Parameters | SBI Life Insurance Co Ltd | HDFC Life Insurance Co Ltd | ICICI Prudential Life Insurance Co Ltd | Max Financial Services Ltd | Aditya Birla Capital Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Noida | Mumbai |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Uttar Pradesh | Maharashtra |
| No. of Employees | 25,672 | 37,526 | 18,907 | 10 | 60,187 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Challa Sreenivasulu Setty | Chairman | Executive Board | - | - |
| Amit Jhingran | Chief Executive Officer; Managing Director | Senior Management | 2023 | - |
| Sangramjit Sarangi | Chief Financial Officer; President | Senior Management | - | - |
| Subhendu Kumar Bal | Chief - Actuary; Chief Risk Officer | Senior Management | - | - |
| Gopikrishna Shenoy | Chief Investment Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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