SBI General Insurance Surpasses Industry Growth with Robust H1 FY26 Performance
SBI General Insurance reported strong growth in H1 FY26, with a 10.7% increase in gross written premium. Key areas such as Health, Personal Accident, and Motor insurance saw significant growth, supported by an expanded distribution network and digital innovations. The company remains committed to sustainable expansion and customer-focused solutions.
- Country:
- India
SBI General Insurance has emerged as one of India's leading general insurers, showcasing remarkable growth in the first half of FY26. The company registered a 10.7% rise in gross written premium (GWP), outperforming the industry's 7.3% growth. This success was driven mainly by substantial progress across Health, Personal Accident, and Motor insurance sectors.
In H1 FY26, SBI General also improved its market share, alongside a notable enhancement in its loss ratio from 86.1% in H1 FY25 to 79.6%. The company's robust financial standing is further emphasized by a solvency ratio of 2.13, exceeding regulatory demands.
Under the guidance of MD and CEO Mr. Naveen Chandra Jha, and CFO Mr. Jitendra Attra, SBI General Insurance strategically reinforced its distribution networks and digital capabilities. The firm remains steadfast in its goal to provide inclusive and accessible insurance solutions across India, leveraging technology and innovative strategies for sustainable growth.
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