Life insurance companies reported varied performance in October 2025, with SBI Life Insurance recording the strongest year-on-year (YoY) growth in first-year premiums among leading private players.

SBI Life collected Rs 31.85 billion in first-year premiums during October, up 20.3% from the same month last year. ICICI Prudential Life followed with Rs 17.73 billion, marking a 6.5% YoY increase. HDFC Life, meanwhile, reported a marginal 1.1% rise in first-year premium collections to Rs 28.29 billion.

The data highlights a divergence in growth trends among large private insurers, with SBI Life maintaining strong traction, while ICICI Prudential showed moderate improvement and HDFC Life reported slower momentum. The figures reflect changing customer preferences and the evolving competitive dynamics within India’s life insurance sector.

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