SBI Life Insurance

Indicators

7 bullish · 7 neutral · 7 bearish

Verdict

SBI Life Insurance maintains steady asset growth and strong policy retention, while equity fund returns and rising customer complaints require monitoring.

Why

• •The company’s total assets and AUM have grown consistently, reaching ₹5,260.5 Cr and ₹5,249 Cr respectively in Q1 2026-27, supported by a robust solvency ratio of 1.96x.
• •Policyholder retention remains stable across short and medium terms, with 13th-month and 25th-month persistency ratios holding at 87.7% and 78.2%.
• •Equity fund performance has weakened across all tracked funds, with returns dropping from the mid-teens to the high single digits, while the total cost ratio has risen to 12.0%.
• •Customer service metrics show strain, as the grievance ratio more than doubled to 13, and digital training hours for staff fell sharply to 2 hours.

Signals