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SBI Health Insurance Premium Chart
SBI General Insurance is a joint venture general insurance company. State Bank of India (SBI), the largest state-owned banking and financial services company in India. SBI owns 70 per cent of the total capital. Other investors are Axis Bank Asset Management Co. Ltd, Premji Invest & Warburg Pincus Group. The company offers a wide range of insurance products and services, in the retail and commercial space. Its offerings include personal accident, home, health, travel and motor insurance in the retail space and aviation, marine, fire, liability insurance, engineering and construction in the commercial space.
The current Managing Director & CEO is Prakash Chandra Kandpal, who was appointed on 20 July 2020, by SBI General Insurance Company Limited. The former managing director and CEO Pushan Mahapatra has been appointed as Director of Strategic Investments & Digital Initiatives and will continue to be the Whole Time Director with SBI General Insurance.
SBI Life Insurance is a joint venture life insurance company between State Bank of India (SBI), the largest state-owned banking and financial services company in India, and BNP Paribas Cardif. BNP Paribas is a French multinational bank and financial services company with global headquarters in Paris. SBI has a 62.1% stake in the company and BNP Paribas Cardif owns a 22% stake. Other investors are Value Line Pte. Ltd. and MacRitchie Investments Pte. Ltd., holding a 1.95% stake each while the remaining 12% is free float stake with public investors. SBI Life Insurance has an authorized capital of ₹20 billion (US$280 million) and a paid up capital of ₹10 billion (US$140 million).
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