SBI Life Insurance Co Ltd - Company Profile
Powered by 
All the data and insights you need on SBI Life Insurance Co Ltd in one report.
$295
- Save hours of research time and resources with
our up-to-date SBI Life Insurance Co Ltd Strategy Report
- Understand SBI Life Insurance Co Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Related keylists
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, 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 and premium payment procedure. SBI Life is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Turner Morrison Building, 2nd Floor, 16, Bank Street, Fort, Mumbai, Maharashtra, 400069
Website
www.sbilife.co.in
Telephone
91 22 61911000
No of Employees
20,787
Industry
Financial Services
Ticker Symbol & Exchange
SBILIFE (NSE)
Revenue (2022)
$10.3B
-2.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
14.2%
(2022 vs 2021)
Market Cap*
$17.5B
Net Profit Margin (2022)
XYZ
17.7%
(2022 vs 2021)
* As of and is in US$
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 |
|---|---|---|
| 2024 | New Products/Services | In April, the company introduced IdeationX. |
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired a minority stake in Fabindia Limited. |
| 2024 | New Products/Services | In January, the company introduced Saral Swadhan Supreme and Smart Swadhan Supreme. |
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 | Delhi | Maharashtra |
| No. of Employees | 20,787 | 32,448 | 17,825 | 11 | 34,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Amit Jhingran | Managing Director; Chief Executive Officer | Senior Management | 2023 | - |
| Sangramjit Sarangi | President; Chief Financial Officer | Senior Management | - | - |
| Subhendu Kumar Bal | Chief Actuary Officer; Chief Risk Officer | Senior Management | - | - |
| M. Anand | Chief Distribution Officer; President | Senior Management | 2024 | - |
| M Anand | President - Zone 1 | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward