SBI Life Insurance Company

SBI Life Insurance Company Limited[7] 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.[8]

In 2007, CRISIL Limited, a subsidiary of global rating agency Standard & Poor's, gave the company a AAA/Stable/P1+ rating.[9][10] SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is a life insurance company in India.

History

The company incorporated in Mumbai on 11 October 2000. SBI Life started as a joint venture with BNP Cardif S.A in 2001.[11] In its initial stage its business was mainly from bancassurance channel.

References

  1. Products by SBI life Insurance Regulatory and Development Authority, (IRDA) website.^
  2. SBI Life Analyst Presentatio sbilife.co.in, March 2023^
  3. Retail Research SBI Life Insurance Company Ltd Hdfcsec.com/^
  4. Analysis of Life Insurance Industry in India canarahsbclife.com^
  5. Report SBI Life Insurance .icicidirect.com^
  6. FINANCIAL PERFORMANCE OF SBI LIFE INSURANCE AND ICICI PREDENTIAL LIFE INSURANCE dctg.cgg.gov.in^
  7. SBI Life Insurance. SBI Life - Leading Life insurance Company in India www.sbilife.co.in, retrieved 2021-12-20^
  8. Manish Joshi. Why SBI Life is winning the valuation game vs HDFC, ICICI Prudential mint, 25 March 2026^
  9. SBI Life Insurance gets top rating Mint, 1 October 2007^
  10. India's SBI Life Insurance rated 'AAA' on parental support – Crisil Forbes, 2017-09-17^
  11. SBI Life Insurance Company Ltd. Business Standard India, retrieved 30 April 2021^
  12. ^