3.) SBI Life Insurance
SBI Life Insurance was established in 2000 as a JV between SBI and BNP Paribas Cardiff and has become one of the leading life insurers in the country.
The company has a range of life insurance and pension products which include individual and group products to cater to the insurance needs of diverse customer segments.Gross Written Premium of SBI Life has increased at a 23% y-o-y to reach Rs. 406.3 billion (US$ 5.76 billion) in FY20.