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SBI General sets 60% premium growth this fiscal

Last Updated: Sunday, April 06, 2014, 15:45

"In this fiscal we expect to grow at around 60 per cent, which we feel is reasonable," managing director and chief executive Bhaskar J Sarma told PTI.

SBI Life to appeal against IRDA order of Rs 275-cr refund

Last Updated: Wednesday, March 12, 2014, 23:25

Private sector life insurer SBI Life Insurance will appeal against the IRDA order directing to refund Rs 275 crore to policy holders, which has been collected in violation of norms.

IRDA to SBI Life Insurance: Refund Rs 275 cr to policy holders

Last Updated: Tuesday, March 11, 2014, 22:28

Insurance regulator IRDA Tuesday asked SBI Life Insurance company to refund Rs 275.29 crore to the policy holders as the amount was collected from them in violation of norms.

SBI Life Insurance launches Flexi Smart Plus

Last Updated: Monday, December 16, 2013, 18:34

The product is available at a minimum premium amount of Rs 50,000 per annum, with an option of annual, half-yearly, quarterly premium and monthly modes.

SBI Life Insurance to relaunch 10 plans by Jan 1

Last Updated: Sunday, November 17, 2013, 13:09

SBI Life Insurance plans to relaunch about 10 products by January 1 as part of regulatory compliance to make the policies more customer-friendly.

LIC outshines pvt sector insurers in H1 premium collection

Last Updated: Sunday, November 17, 2013, 11:54

State-owned Life Insurance Corporation has outperformed its peers in the private sector by recording a 7.26 percent growth in premium collection during the first half of the current fiscal.

SBI General Insurance premium income up 83% to Rs 541 cr in H1

Last Updated: Wednesday, November 06, 2013, 19:41

SBI General Insurance Wednesday said it has seen a healthy 83 percent growth in premium income to Rs 540.93 crore in the first half of the current financial year.

SBI Life launches Smart Power Insurance plan

Last Updated: Thursday, October 03, 2013, 15:47

Private insurer SBI Life Insurance launched 'Smart Power Insurance' plan, which is designed to care for investor's twin needs of insurance and investment.

Fraudsters dupe customers of 4 insurance companies

Last Updated: Sunday, May 12, 2013, 14:38

After ICICI Prudential, fraudsters have now targeted four insurance companies, including SBI Life Insurance, by stealing their customer database and duping some policy holders.

SBI, LIC involved in money laundering: Cobrapost

Last Updated: Monday, May 06, 2013, 12:57

As many as 23 public and private sector banks and insurance companies were Monday accused of "running a nation-wide money laundering racket, blatantly violating laws of the land" by online portal Cobrapost.

SBI Life FY'13 net up 12% at Rs 622 crore

Last Updated: Wednesday, May 01, 2013, 16:13

Private insurer SBI Life Insurance on Wednesday posted 12 percent growth in profit at Rs 622 crore for the financial year ending March 31, 2013.

Life insurers' premium income falls over 6% in Apr-Feb FY13

Last Updated: Sunday, March 31, 2013, 16:14

Total premium collected during the April-February period of 2012-13 fiscal by the industry stood at Rs 84,501.75 crore, down 6.12 percent over the same period previous year.