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Max Financial Services Limited incorporated on 24 February, 1988 is part of India‚Äôs leading business conglomerate ‚Äì the Max Group. Company is primarily engaged in growing and nurturing business investments and providing management advisory services to Indian group companies.It owns and actively manages an 81.83% majority stake in Max Life Insurance, India‚Äôs largest non-bank life insurer and 4th largest private…
Max Financial Services (MFSL) saw Q1FY27 consolidated revenue, including investment income, jump 17% to Rs 14,977 Cr, with consolidated Profit After Tax at Rs 118 Cr. Individual Adjusted First Year Premium grew 17% to Rs 1,810 Cr, outpacing private industry growth. Value of New Business (VNB) soared 33% to Rs...
**Business Performance:** Max Financial Services (MFSL) reported FY'26 revenue (excluding investment income) of ₹38,039 Cr, marking a 17% increase, with consolidated profit after tax at ₹106 Cr. Axis Max Life Insurance showed strong performance, with Individual Adjusted First Year Premium surging 19% YoY to ₹9,885 Cr, outperforming the private industry....
Axis Max Life Insurance (AMLI) reports strong operational growth for 9M FY'26. Total Adjusted Premium Equivalent (APE) rose 18% to Rs 69.08 Billion, with Gross Written Premium (GWP) also up 18% to Rs 251.95 Billion. Renewal Premium stood at Rs 155.51 Cr. Value of New Business (VNB) surged 30% to...
**Business Performance:** Max Financial Services (MFSL) reported 9M FY26 consolidated revenue (excl. investment income) climbed 18% to Rs 24,625 Cr; PAT Rs 137 Cr. Axis Max Life’s individual adjusted first-year premium grew 20%, outperforming industry, boosting market share to 9.8%. Retail Protection & Health APE surged 57% (Rs 933 Cr),...
**1. Business Performance:** Max Financial Services (MFSL) delivered solid H1 FY26. Consolidated revenue (ex-investments) climbed 18% to ₹15,090 Cr. Max Life's individual new business premiums jumped 18% to ₹3,891 Cr, outperforming the private industry. Market share reached 10.1%. Total Gross Written Premium grew 18% to ₹15,490 Cr. Notably, Retail Protection...