Kolkata, April 23 -- SBI General Insurance, one of India's leading general insurance companies, has recorded Profit After Tax (PAT) at INR 509 cr, registering a strong growth of 112 per cent year-on-year.
Announcing its financial result for FY25 on Wednesday, the company completed 15 years of operations.
Continuing its robust growth trajectory, the company reported a Gross Written Premium (GWP) of INR 14,140 crores, recording a YoY growth of 11.1%. Excluding the impact of 1/n accounting norm, the GWP of the Company grew by 14.5% for FY25.
SBI General Insurance has grown at 70% faster than the industry growth of 6.2%. Profit After Tax (PAT) at INR 509 crores, registering a strong growth of 112% year-on-year.
Additionally, the Company gaine...