SBI Life new biz premium up 6 pc to Rs 4,699 cr

SBI Life new biz premium up 6 pc to Rs 4,699 cr



* SBI Life CEO|
* SBI Life

NEW DELHI: Private sector insurer SBI Life today said its new business premium grew by 6 per cent to Rs 4,699 crore at the end of December 2010.

The company's new business premium income was Rs 4,448 crore at the end of December 2009.

"We have seen a good growth in new business. The new business premium increased by 6 per cent on a year on year basis," SBI Life CEO and Managing Director M R Rao told PTI.