SBI General Insurance Unlisted Share

SBI General Insurance was initially established as a joint venture between the State Bank of India (SBI) and Insurance Australia Group (IAG), with IAG eventually exiting the company in 2019. Since its inception in 2009, SBI General Insurance has shown exponential growth, expanding from 17 branches in 2011 to over 139 branches across India. The company offers a wide array of general insurance products, including health, motor, home, travel, and personal accident insurance. With a customer base of over 10 crore, the company has received numerous accolades, including ‘Insurer of the Year’ in the non-life category at the FICCI Insurance Industry Awards in both 2020 and 2021, and 'Best General Insurance Company of the Year' in 2022 at the Third Emerging Asia Insurance Awards by the Indian Chamber of Commerce.