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Home > 2007 News
2007 News
  Date   Heading
  December 10, 2007   SBI Life forays into micro insurance as part of its rural initiative

Launches 'Grameen Shakti Shakti' a ' group micro roup micro-insurance product with return of eturn premium remium for the economically underprivileged section of rural India

  November 21, 2007   SBI Life among global top 5 at Million Dollar Round Table (MDRT)
  October 27, 2007   SBI Life Insurance records Rs 14.09 crs net profit in the first half of FY 2007-08

Grows Total Premium by 80% as against previous year
Infuses additional capital of Rs 100 crs
Lives Covered increases to 6.85 million

  September 17, 2007   SBI Life becomes the first life insurance company to get the highest rating of "AAA" from CRISIL

SBI Life has been rated as the most trusted private sector life insurance companies, according to a survey conducted by Brand Equity in association with AC Nielsen ORG-MARG and The Economic Times Intelligence Bureau.


  August 20, 2007   '75% Indian Households confess inability to sustain beyond 6 months in event of disability' reveals SBI Life's International Credit Life Research

√ Awareness of Creditor Insurance in India at 8%, is a global low
Only 1% of total Indian population use Creditor Insurance
√ against  11% global average Findings to benefit SBI Life’s partners, member
√  establishments, industry analysts

 Records Impressive Performance in FY 06 -07:
Grows New Business Premium by 210%
Continues Profitable Operations
Leads Private Life Insurance Companies in Lives Covered:
64.9  Lacs Lives
  February 15, 2007   SBI Life set to establish dominance in Pension market by leveraging its extensive distribution network and a strong Product Portfolio

In line with its overall goal of emerging as a dominant player in the Indian Pension Market, SBI Life has strengthened its pension product portfolio further.As a key initiative in this direction, SBI Life today announced the launch of Unit Plus II Pension product.

  January 03, 2007   SBI Life set to maintain its leadership in Group Lives coverage

Enhances capital base by infusing Rs. 75 crores to support growth plans, unveils Horizon II Pension Plan, becomes the fastest growing life insurance company by clocking new premium growth of 264% (YTD) .


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