SBI LIFE TOPS GLOBALLY AT MILLION DOLLAR TABLE (MDRT ) 2009 .

Mumbai, 17^th August 2009:

SBI Life Insurance, the leading private life insurer,has achieved a unique distinction by emerging as no.1 life insurer across the globe, in number of Million Dollar Round Table (MDRT) members. This is the first time in the history of MDRT’s existence that an Indian Life insurance company has reached the pinnacle of the international coveted league. Of the total 2677 SBI Life MDRT members, 1667 Insurance Advisors are from retail Agency channel and 1010 Certified Insurance Facilitators from Bancassurance. Amongst these, 222 have achieved Court of Table (COT) and 64 Top of Table (TOT) status.

The MDRT membership is an exclusive honor that is achieved by less than 1 percent of the world’s life insurance and financial services advisors.

RANK COMPANY NAME COUNTRY 200 MEMBERS 1 SBI Life Insurance India 2,677 2 New York Life USA 2,013 3 Samsung Life Insurance Rep of Korea 1,828 4 Northwestern Mutual USA 1,291 5 Prudential Life Insurance Japan 693 18 HDFC Standard Life India 373 20 LIC Of India India 345 28 Max New York Life India 218

Over the last three years, SBI Life has steadily moved up the MDRT ranks. Globally, the company ranked 5th in 2007, 3rd in 2008 and 1st in 2009 with 802, 1666 and 2677 members respectively.

Mr. M. N. Rao, MD & CEO, SBI Life, said, "Our global ranking is a testimony to the robustness of Indian financial services market, despite the prevailing global downturn, and the vast potential of Indian Life Insurance Industry. Providing quality service and need based solutions to our customers will be our top-priority".

Mr. Rajiv Gupta, Executive Director, Marketing, SBI Life added "It is satisfying to see our vision of achieving global excellence being realised. With high acceptablity of SBI Life brand and quality advisors, we are confident of sustaining this accomplishment and highest productivity standards in the industry".

An opportunity to represent one of the most trusted brands in the country, superior training program and commensurate competitive remuneration are some of benefits availed by SBI Life Insurance Advisors.

During last year, 2008, the MDRT body had acknowledged Certified Insurance Facilitators (CIF) - Bancassurance sales professionals’ performance at par with other insurance professionals.

Mr. Anand Pejawar, Executive Director,Marketing, SBI Life added " It is highly commendable that these CIFs who traditionally are providers of Banking products have excelled in offering Life Insurance solutions too to their customers. Our continued focus on integrated bancassurance approach will yield delivery of higher customer value"

About MDRT:
MDRT is an association of the world’s best life insurance sales (advisors) professionals. Founded in 1927, MDRT is an international, independent association of nearly 36,000 of the world’s leading life insurance and financial services professionals from 76 nations and territories, representing over 450 companies. MDRT members are recognized as skillful professionals who are considered to be among the best in the industry, perform outstanding client service, and have achieved the highest standard of sales excellence in the life insurance and financial services business.

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