Mumbai: SBI Life Insurance reported a New Business Premium of Rs 26,000 crores for the period ended on December 31, 2023 vis-a-vis Rs 21,512 crores for the period ended December 31, 2022.
Odisha train accident: IRDAI orders insurance companies to settle insurance claims suo moto
Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurance companies to proactively initiate the settlement of claims for the victims of the Odisha train tragedy, The Economic Times (ET) reported.
IRDAI orders SBI Life Insurance to take over Sahara India Life Insurance business
New Delhi: Insurance Regulatory and Development Authority of India (IRDAI) has named SBI Life Insurance Company Limited (SBI Life) as the acquirer insurer of the life insurance business of Sahara India Life Insurance Co. Ltd (SILIC), media reports said.
SBI Life Insurance, one of most trusted private life insurers in the country, announced the launch of a power packed 'SBI Life - Smart Future Choices’ savings product. Tapping into the rising consumer awareness on the need for insurance, the individual, non-linked, participating life insurance savings plan empowers consumers with the ‘Power to Choose’ various options and benefits as per their changing needs from time to time throughout the policy term.