SBI General Insurance PAT Soars 112% to ₹509 Cr, Outperforming Industry Growth

SBI General Insurance has reported a stellar 112% year-on-year surge in profit after tax (PAT) to ₹509 crore for FY25, more than doubling last year’s figure and marking its 15th anniversary on a high note. The company’s Gross Written Premium (GWP) rose by 11.1% to ₹14,140 crore, growing 1.7 times fa...

SBI General Insurance has reported a stellar 112% year-on-year surge in profit after tax (PAT) to ₹509 crore for FY25, more than doubling last year’s figure and marking its 15th anniversary on a high note. The company’s Gross Written Premium (GWP) rose by 11.1% to ₹14,140 crore, growing 1.7 times faster than the industry average of 6.2%. Health and motor insurance segments were key drivers, posting 19.2% and 31.2% growth respectively, while commercial lines like marine cargo and engineering also contributed. SBI General strengthened its private market share by 23 basis points and maintained a robust solvency ratio of 2.03, well above regulatory norms. Leadership credited improved loss ratios and operational efficiency for the impressive results, reaffirming the company’s focus on sustainable, inclusive growth. Source: BusinessWorld, Moneycontrol, The Hindu BusinessLine