 |
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Financial Year 11-12:
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Awarded the most coveted NDTV Profit Business Leadership Award, twice in a row, 2010 & 2011.
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Awarded ‘Most Trusted Life Insurance Brand - II By The Economic Times, Brand Equity and Nielsen, Most Trusted Brands 2011.
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| • |
Globally topped the prestigious Million Dollar Round Table (MDRT) for having the maximum number of MDRT members, for three years consecutively.
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| • |
CRISIL reaffirmed its AAA / Stable rating to SBI Life, indicating highest financial strength to meet policyholder obligations.
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| • |
ICRA reaffirmed its iAAA rating indicating highest claims paying ability and a fundamentally strong position.
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| • |
Won one of the most prestigious quality distinction, IMC Ramkrishna Bajaj National Quality Awards 2011- "Certificate of Merit"
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Awarded Silver Shield by ICAI for Excellence in Financial Reporting for FY 2010 – 11 under the Insurance category.
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| • |
Won ’Best Presented Accounts Award‘ by The South Asian Federation of Accountants (SAFA), in the Insurance Category for the Annual Report FY 2009-10.
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Financial Year 10-11:
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| • |
SBI Life won the coveted Bloomberg UTV Financial Leadership Award 2011 - "Life Insurer of the year".
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| • |
Won the most coveted NDTV Profit Business Leadership Award 2010.
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| • |
Globally topped the prestigious Million Dollar Round Table (MDRT) 2010 for having the maximum number of MDRT members.
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| • |
Awarded the Gold Shield by Institute of Chartered Accountants of India (ICAI) for Excellence in Financial Reporting.
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| • |
Won the ‘ICS Quality Champion Award 2010’ for Continual Quality Improvement.
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| • |
Adjudged Best Life Insurer 2010 - Runner Up by Outlook Money.
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| • |
Launched an innovative customer care initiative - SMS ‘SOLVE’ for prompt Grievance Redressal.
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| • |
Appraised at Maturity level 3 of Capability Maturity Model Integration (CMMI) Version 1.2 for its ISG Division.
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| • |
ICRA reaffirmed ’iAAA’ rating to SBI Life, indicating highest claims paying ability and meeting policyholders obligations.
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| • |
CRISIL, country’s leading rating agency, reaffirmed its highest financial rating AAA/Stable to SBI Life.
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Financial Year 09-10:
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| • |
Reported a robust Net Profit of Rs.276 Crores.
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| • |
Crossed Rs.10,000 Crores in Gross Written Premium (GWP).
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| • |
Assets Under Management (AUM) grew by 96% to Rs.28, 551 Crores.
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| • |
Globally topped the prestigious MDRT 2009 for having Maximum number of MDRT Members.
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| • |
ICRA reaffirmed iAAA rating to SBI Life indicating highest claims paying ability.
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| • |
Awarded ISO Certification (ISO/IEC 27001:2005) for Information Security Management System (ISMS).
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| • |
Retained ISO 9001:2000 certificate for superior claim settlement process.
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Financial Year 08-09:
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| • |
Ranked among global top three in terms of number of Million Dollar Round Table (MDRT) members.
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| • |
Bagged the coveted personal finance award-Outlook Money NDTV Profit "Best Life Insurer 2008".
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| • |
CRISIL, country’s leading rating agency, reaffirmed its highest financial rating AAA/Stable to SBI Life. In 2007, SBI Life became the first life insurer in India to receive this rating from CRISIL.
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| • |
ICRA assigned iAAA rating indicating highest claims paying ability to SBI Life Insurance.
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| • |
Retained ISO 9001:2000 certificate for superior claim settlement process.
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Financial Year 07-08:
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| • |
Ranked amongst global top five life insurance companies in the number of MDRT members.
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| • |
Rated as the ’The Most Trusted Private Life Insurer’ according to a survey conducted by Brand Equity in association with AC Nielsen ORG-MARG and the Economic Times Intelligence Bureau.
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| • |
Received the highest financial rating ’AAA’ from CRISIL.
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| • |
Forayed into micro insurance with the launch of ’Grameen Shakti’ in Bhubaneshwar, Orissa for the economically underprivileged sections of society.
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| • |
Received ISO 9001: 2000 certification for superior claim settlement process.
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| • |
Received CMMI Level 3 certification for IT processes and software development capabilities.
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Financial Year 06-07:
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| • |
Second consecutive year of Profitability
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| • |
More than 6.40 Million lives covered
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Financial Year 05-06:
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| • |
Reported a robust net profit of Rs. 2.02 Cr |
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