{"id":49339,"date":"2024-04-26T19:45:04","date_gmt":"2024-04-26T14:15:04","guid":{"rendered":"https:\/\/themileage.in\/?p=49339"},"modified":"2024-04-26T19:46:37","modified_gmt":"2024-04-26T14:16:37","slug":"sbi-life-insurance-reported-q4-results","status":"publish","type":"post","link":"https:\/\/themileage.in\/sbi-life-insurance-reported-q4-results\/","title":{"rendered":"SBI Life Insurance reported Q4 results"},"content":{"rendered":"\n<p>SBI Life Insurance on April 26 reported net profit of Rs 810 crore for the March quarter, up 4 \u2105 from the year-ago period.<\/p>\n\n\n\n<p>The insurer\u2019s net premium income stood at Rs 25,116 crore as against Rs 19,896 crore last year. The solvency ratio fell to 1.96 percent as against 2.15 percent last year.<\/p>\n\n\n\n<p>For the year ending March 2024, the insurer\u2019s annual premium equivalent (APE) stands at Rs 19,720 crore with 17 per cent year-on-year growth. The value of new business margin (VNB) for the year stood at 28.1 percent.<\/p>\n\n\n\n<p>The insurer\u2019s total assets under management stood at Rs 3.88 lakh crore as against Rs 3.07 lakh crore. The insurer also declared a dividend of Rs 2.7 per share.<\/p>\n\n\n\n<p>The stock closed at Rs 1418.90 on BSE, down about 1.74 per cent from its previous close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI Life Insurance on April 26 reported net profit of Rs 810 crore for the March quarter, up 4 \u2105&hellip;<\/p>\n","protected":false},"author":29,"featured_media":49344,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/themileage.in\/wp-content\/uploads\/2024\/04\/20240426_193913.jpg?fit=598%2C480&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/posts\/49339"}],"collection":[{"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/comments?post=49339"}],"version-history":[{"count":1,"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/posts\/49339\/revisions"}],"predecessor-version":[{"id":49343,"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/posts\/49339\/revisions\/49343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/media\/49344"}],"wp:attachment":[{"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/media?parent=49339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/categories?post=49339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/themileage.in\/wp-json\/wp\/v2\/tags?post=49339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}