SBI Life Insurance Ltd - Margins Surprise Positively; GST Impact Manageable!
In Q2, SBILIFE’s VNB growth (+14.5% YoY) outpaced APE growth (+10% YoY), driving VNB margins (calc.) higher at 27.9% vs 26.9%/27.5% YoY/QoQ.
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SBI Life Insurance Ltd - VNB Margins Expansion Led By Product Mix Shift...
Despite the growth in the agency channel being a tad muted in Q1, the management remains confident of delivering a strong performance over the rest...
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SBI Life Insurance Ltd - VNB Margins Surprise Positively...
SBILIFE remains committed to strengthening the agency channel, with plans to open 87 new branches, expand into Tier 2/3 cities, onboard more...
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Pick of the Week - SBI Life Insurance Company Ltd - 15th February, 2025
SBI Life Insurance Company Ltd. (SBILIFE) was founded as a joint venture between the State Bank of India and BNP Paribas Cardif, the insurance...
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SBI Life - Growth Rebounds, While Margins Are Stable; ; Upgrade to BUY
SBI Life delivered an impressive performance in Q3FY25 with growth rebound in the banca channel (10% YoY in Q3 vs 7% in H1), which led to Retail...
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