SBI General Insurance Co. Ltd., established in 2009, is headquartered in Mumbai, India, and operates as a subsidiary of the State Bank of India. The company aims to provide a comprehensive suite of insurance solutions that includes health, motor, and property insurance, catering to the diverse needs of retail and corporate clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SBIGIC 8.35% 2034-02-21 INRSBI General Insurance Co. Ltd. | India | 2034-02-21 | 8.350 | 7.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SBI General has made significant strides in the bond market since its first issuance in 2017, attracting attention for its robust credit ratings and competitive yields. Noteworthy is its issuance of subordinated bonds in early 2020, which bolstered its solvency ratio and allowed for strategic expansion in underwriting capacity. The company's current bond yields are closely aligned with industry averages, reflecting a solid market position, and it was recently reported that they are exploring new bond offerings to fund digital transformations in their operations.