Oct 26, 2020 / 11:00AM GMT
Mahesh Kumar Sharma - SBI Life Insurance Company Limited - CEO, MD & Director
Thank you very much. Good evening, ladies and gentlemen, and we heartily welcome you all to the reserves update call of SBL Life Insurance Company Limited for the period ended September 30, 2020. Along with me on this call are Mr. Sangramjit Sarangi, President and CFO; Mr. Anand Pejawar, President, Operations and IT; Mr. Abhijit Gulanikar, President, Business Strategy; Mr. Subhendu Bal, Chief Actuary and Risk Officer, and Mr. (inaudible), Appointed Actuary.
I'll give you an update on our financial results, the key highlights and the financial results can be accessed on our website as well as on the website of both the stock exchanges. So the highlights are the new business premium stands at $90 billion. Renewal premium has shown a strong growth of 29% and stands at INR 117.3 billion. Protection new business premium is at INR 9.1 billion. Annuity new business premium witnessed 220% growth and stands at INR 15.7 billion. Profit after tax has grown a strong growth of 38% and stands at INR 6.9 billion. Value of new
Q2 2021 SBI Life Insurance Company Ltd Earnings Call Transcript
Mar 20, 2024
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