SBI Life Insurance Friday reported a 14.7 per cent growth in its profit after tax at Rs 264.28 crore for third quarter ended December 2018.The private insurer's PAT stood at Rs 230 crore during corresponding period last year, insurer said in a statement.Total income of insurance company increased to Rs 12,156.39 crore as against Rs 9,585.87 crore in third quarter of previous fiscal.The asset under management (AUM) increased to Rs 1,34,150 crore as compared to Rs 1,11,630 crore at end December 31, 2017.SBI Life Insurance, established in 2001, is a joint venture between State Bank of India and BNP Paribas Cardif SA and is one of leading life Insurance companies in India.