SBI Life Insurance has topped the list of private life insurers in terms of new business premium for the month of March 2009, as per an IRDA report.
The company attained Rs 1,038 crore of new business premium in March 2009.
Individual non-single premium contributed the most, almost 54%, to the business in the month of March.
The insurer also recorded Rs 258 crore from SBI Smart ULIP, within one month of its launch, a contribution of almost 25% of total business for the month.