SBI Life share price: Despite Covid, SBI Life beats peers in the private sector

SBI Life has put up strong numbers over the past years despite Covid headwinds. Looking at the CAGR over 5 years, the company’s gross and net premium increased by 19% on account of growth in renewal premium and new business premium. Its growth in the period is higher than that of its peers, whereas its net income from investment grew at a CAGR of 28%.The life insurance sector was heavily affected in 2020 due to the pandemic. According to the .