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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.


Mr. Mahesh Kumar Sharma 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 Branch Locator

Claims ratio of SBI Life Insurance Company

Year 2011-122012-132013-142014-152015-162016-172017-182018-192019-20
Claims ratio 95.4894.4191.0689.4393.3996.6996.7695.03Yet to be published

Market share of SBI Life Insurance Company

Year 2011-122012-132013-142014-152015-162016-172017-182018-192019-20
Market share to be published

News on SBI Life Insurance Company

​SBI Life inks pact with Yes Bank to sell insurance policies

SBI Life Insurance on Monday said it has signed bancassurance agreement with Yes Bank to offer a comprehensive bouquet of life insuranc...

Sep 24, 2020 17 views

SBI to sell 8 crore shares in SBI Life Insurance via IPO

This Monday, the executive committee of the central board of State Bank of India gave its final approval for divestment of the bank&rsq...

Jul 17, 2017 270 views

SBI Life Insurance Company files DHRP for IPO

SBI Life Insurance has filed a draft red herring prospectus (DRHP) with Securities and Exchange Board of India (Sebi) for an initial pu...

Jul 19, 2017 553 views

SBI Life Insurance plans to offer 12% stake in IPO

SBI Life Insurance Co Ltd, India’s second largest private sector life insurer, plans to dilute 12% of its stake in SBI Life initi...

May 31, 2017 224 views

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