# SBI Life Insurance Q2 FY26 Earnings Call Highlights: Strong Growth and New Product Launches

On October 24, 2025, SBI Life Insurance Company Limited held its earnings conference call for Q2 of FY 2025-26, revealing significant progress and strategic initiatives aimed at enhancing customer financial security. Led by CEO Amit Jhingran, the management team presented impressive results, including a 17% growth in new business premium, totaling INR 183.5 billion, solidifying SBI Life's position with a 22.2% private market share.

Key highlights from the call included:

- Product Innovations: SBI Life introduced two new products: Smart Shield Plus and Smart Money Back Plus, which received an enthusiastic response, with over 8,500 customers opting for Smart Money Back Plus within days of its launch. - Financial Performance: The company reported a 19% increase in gross written premium, reaching INR 429 billion, and a 4% growth in profit after tax, amounting to INR 10.89 billion. The Value of New Business (VoNB) rose by 14%, reaching INR 27.5 billion, with a VoNB margin of 27.8%.

- Focus on Protection: The protection segment showed robust growth of 33%, emphasizing the rising demand for comprehensive financial solutions. Individual protection APE reached INR 3.7 billion, while group protection APE grew by 44%.

- Distribution Partnership Strength: With over 58,000 Certified Insurance Facilitators, the bancassurance model contributed 57% to total APE business, highlighting the effectiveness of SBI Life's distribution strategy.

SBI Life's commitment to customer-first strategies and innovative products reflects its dedication to meeting evolving financial security needs as the insurance landscape continues to change. For more details on the earnings call, visit [SBI Life's official website](http://www.sbilife.co.in).

This update reinforces SBI Life's resilience and strategic foresight, positioning the company for sustainable growth in the competitive insurance market.