SBI Life Insurance - aVenture Asset Manager Research
SBI Life Insurance
Operating Status: Operating
SBI Life Insurance: An Indian joint venture between SBI and BNP Paribas Cardif, offering comprehensive life insurance solutions.
Location
Mumbai, Maharashtra, IN
Founded
2001
SBI Life Insurance Company Limited is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake. Other investors are Value Line Pte.
Ltd. and MacRitchie Investments Pte. Ltd., holding a 1.95% stake each while the remaining 12% is free float stake with public investors.It has Assets under management(AuM) worth and a Gross Written Premium(GWP) of as of March 2023. SBI Life has an authorized capital of and a paid up capital of .
SBI Life Insurance - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages