'SBI Life Insurance Company has recorded slight increase in the net profit to Rs 813.51 crore in the quarter ended March 2025 (Q4FY2025) from Rs 810.80 crore in Q4FY2024. The total premium income has declined 5% to Rs 24,000 crore in Q4FY2025, driven by 24% decline in the new business premium to Rs 9,320 crore. However, the renewal premium collection has
jumped 13% to Rs 14,680 crore in Q4FY2025.
APE moved up 2% to Rs 5,450 crore in Q4FY2025.
The company has exhibited an improvement in the persistency level with 13th
month persistency rising to 87% in Q4FY2025 from 86% in Q4FY2024, while 61st
month persistency also rose to 62% from 58%.
The value of new business (VNB) galloped 10% to
Rs 1,660 crore in Q4FY2025. New business margin for FY2025 stood at 27.80%
showing improvement on sequential basis from 26.90% for 9MFY2025, while it
reached closer to 28.10% in FY2024.
The embedded value surged 21% Rs 70250 crore end
March 2025.
A...
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