SBI General Insurance profit doubles to Rs 509 crore in FY25
Business 23 Apr, 2025

SBI General Insurance profit doubles to Rs 509 crore in FY25

Business Aajkal, New Delhi, 23 Apr. 25: SBI General Insurance announced on Wednesday that it achieved a net profit of Rs 509 crore for the financial year 2024-25, marking a more than two-fold increase compared to the Rs 240 crore net profit recorded in the previous financial year.
The non-life subsidiary of the State Bank of India also reported strong growth in its overall business, with a gross written premium (GWP) of Rs 14,140 crore, which is an increase from Rs 12,731 crore in the previous year. This reflects an 11 percent growth year-over-year, according to the statement from SBI General Insurance. The impressive results underscore the company’s robust performance and expanding presence in the insurance sector.

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