SBI Life Insurance Company Limited
Quick Take
- • Trading at 66.7× trailing earnings (49.6× forward)
- • Moderate ROE at 13.7%
- • Leverage not reported
- • Modest dividend yield of 0.15%
- • Operating margin 1.7% · Net margin 2.1%
- • Profit growth +21.80% YoY · Beta 0.35
About the company
From latest AR & concallSBI Life Insurance Company Limited operates as a life insurance company in India. The company's life insurance business comprises individual and group life insurance products, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group annuity, unit-linked and variable insurance products, health, and micro insurance. It also provides accident and disability benefits, level terms, and critical illness insurance products. In addition, the company offers online life insurance, money back income, terms, protection, savings, child plan, wealth, and retirement plans; and corporate solutions, group loan protection, and group micro insurance plans. It provides its products through a multi-channel distribution network comprising individual agents, brokers, corporate agents, bancassurance partners, and certified insurance facilitators, as well as through various partner branches. The company was incorporated in 2000 and is based in Mumbai, India. SBI Life Insurance Company Limited is a subsidiary of State Bank of India.
