SBI Life Insurance Company shares are trading higher in the pre-market session after the company informed that the impact of budget recommendations on non-linked policies with an annual premium above ₹5 lakh would not be significant. The life insurer stated that the share of such policies in the total yearly premium equivalent is under 2%.
SBI Life Insurance, one of the most trusted life insurance companies in India was incorporated in 2000 and is registered with the Insurance Regulatory and Development Authority of India (IRDAI) in 2001. Serving millions of families across India, its diverse range of products caters to individuals as well as group customers through protection, pension, savings, and health solutions. It strives to make insurance accessible to all, with its extensive presence across the country through its 947 offices, 17,464 employees, a large and productive individual agent network of about 170,096 agents, 57 corporate agents, a widespread bancassurance network of 14 partners, more than 28,000 partner branches, 107 brokers and other insurance marketing firms. Listed on the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited, the company has an authorized capital of Rs. 20.0 billion and a paid-up capital of Rs. 10.0 billion.
View Price, OI, Greeks and more...
| Day | Open | Close | Day's change |
|---|---|---|---|
| Fri, Feb 03 | 1,115.00 | 1,138.05 | 2.03% |
| Thu, Feb 02 | 1,090.20 | 1,107.50 | 1.56% |
| Wed, Feb 01 | 1,219.55 | 1,109.40 | -9.93% |
| Tue, Jan 31 | 1,243.70 | 1,219.55 | -1.98% |
| Mon, Jan 30 | 1,222.00 | 1,233.45 | 0.93% |
| Fri, Jan 27 | 1,263.70 | 1,250.25 | -1.08% |
| Wed, Jan 25 | 1,273.20 | 1,257.45 | -1.25% |
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