The Latest Breaking News from SBI General Insurance

Motor third-party insurance growth slows to 9%; Kotak flags possible impact of SC compensation ruling

Motor third-party insurance premiums exhibited a sluggish growth rate of 9 percent year-on-year in September 2026. Insurers have reportedly reduced focus on this segment due to a Supreme Court ruling on compensation for homemakers. The overall motor insurance premiums saw a rise of 13 percent during the same month. SBI…

The Economic Times · 2h ago

SBI General Insurance Q1 GDPI rises to Rs 3,506 crore; comprehensive income jumps 17%

SBI General Insurance reported 10.9% year-on-year GDPI growth to Rs 3,506 crore in Q1 FY27. Comprehensive income rose 17.4% to Rs 573 crore, while health, engineering and personal accident segments delivered strong growth, alongside a 2.0-times solvency ratio.

The Economic Times · Aug 28

Visakhapatnam: Insurance firm fined Rs 40,000 for not settling death claim

VISAKHAPATNAM: Coming to the aid of a man who had been running from pillar to post seeking settlement of death claim of his wife who died of snakebite, the district consumer disputes redressal commission-I, Visakhapatnam, directed SBI General Insurance to pay 10 lakh as claim amount and 40,000 as compensation.

The Times of India · May 27, 2022