SBI Life Insurance Company

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About SBI Life Insurance Company

SBI Life Insurance Company is a joint venture between the State Bank of India (74%) and BNP Paribas Assurance (26%). The company launched its business in the year 2001..

State Bank of India is by far the largest and most trusted bank in India. SBI along with its associate branches has a distribution which is the largest in any banking network – more than 16,000 branches and adding more by the day. BNP Paribas, Euro Zone's leading Bank and is one of the oldest foreign banks having a presence in India. BNP Paribas Assurance has a major presence in Europe, Asia and Latin America and is among the top15 insurers in Europe. The company has other joint partnerships in Asia in countries like South Korea, Vietnam, Thailand and Taiwan.

SBI Life Insurance is now among the top life insurance providers in India. It is the largest private life insurer and was the 1st private life insurance company to become profitable. The huge customer base and the reach of its banking channel are the advantages which SBI enjoys over the other insurance companies. It has a wide array of life insurance products to adequately cater to the Indian consumer.


Arijit Basu is the Managing Director & CEO of SBI Life Insurance Company.

Contact Details

Corporate Office
SBI Life Insurance Co. Ltd.,
M.V. Road & Western Express Highway Junction,
Andheri (East),
Mumbai - 400 069

1800 22 9090
022 - 6191 0000
'CELEBRATE' to 56161

Claims ratio of SBI Life Insurance Company

Year 2005 - 062006 - 072007 - 082008 - 092009 - 102010 - 112011 - 122012 - 132013 - 142014 - 15
Claims ratio -71.9581.4876.5783.2782.2495.4894.4191.06Yet to be

News on SBI Life Insurance Company

SBI to divest 10 percent in life insurance venture

SBI to divest 10 percent in life insurance venture SBI would be reducing stake in its life insurance venture up to 10%. BNP Paribas Cardif which holds 26% stake in the joint venture migh...

Apr 02, 2015 47 views

SBI Life outshines all private life insurance companies

SBI Life Insurance Company has managed to overshadow all the 21 private life insurance companies for the month of May 2011 by collectin...

Jun 28, 2011 3,927 views

SBI Life has launched its unique Online Term Plan

SBI Life has finally launched its Online Term Plan this week. The unique online term plan of SBI Life eShield Plan has 2 different vari...

Mar 08, 2013 1,415 views

Life insurance managed to stay afloat by cutting costs

Life insurance companies in India focused on controlling costs and renewal business which enabled them to make higher profits in 2010-2...

May 27, 2011 2,571 views

Videos on SBI Life Insurance Company

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