SBI Life’s Strong H1 FY26 Growth

  Published 5 months ago

SBI Life reported robust H1 FY26 performance with solid premium growth, improved margins, stronger persistency, and higher embedded value.

  • New Business Premium rose 17% to Rs 18,350 crore, Renewal Premium up 21% to Rs 24,550 crore, driving overall premium momentum.
  • Value of New Business grew 14% to Rs 2,750 crore, while margins expanded to 27.8% amid better product mix and persistency gains.
  • Indian Embedded Value climbed 15% YoY to Rs 7,600 crore, with AuM up 10% and net worth reaching Rs 18,290 crore.

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