SBI Life Insurance Company
| Company type | Public |
|---|---|
| |
| Industry | Financial services |
| Founded | March 2001 |
| Headquarters | Mumbai, India |
Area served | Worldwide |
Key people | Mr. Amit Jhigran (MD & CEO) |
| Products | |
| Revenue | ₹80,686 crore (US$9.5 billion) (2023) |
| ₹2,004 crore (US$240 million) (2023) | |
| ₹1,721 crore (US$200 million) (2023) | |
| Total assets | ₹353,422 crore (US$42 billion) (2024) |
| Total equity | ₹13,017 crore (US$1.5 billion) (2023) |
| Owner | State Bank Of India |
Number of employees | 18,000 (2023) |
| Website | SBI Life |
SBI Life Insurance Company Limited is an Indian life insurance company. It was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.
In 2007, CRISIL Limited, a subsidiary of global rating agency Standard & Poor's, gave the company a AAA/Stable/P1+ rating. SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is a leading Life Insurance company in India.