SBI Life demonstrates resilience amid regulatory changes; 29% VNB growth

SBI Life has navigated three major regulatory developments (increased surrender values, removal of tax exemptions, possible restrictions) while maintaining strong performance, per ET BFSI, 28 Jul 2026. For insurtech builders, this shows that regulation creates winners—insurers who adapted their product and distribution strategies outperformed. Watch regulatory change as a market-reshaping event, not a headwind.

Source: ET BFSI ↗