US EditionAxis Max Life Aims New Business Margins Up To 25% in FY26
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Axis Max Life Aims New Business Margins Up To 25% in FY26
Axis Max Life Insurance aims to maintain its new business margin in the 24% to 25% range in the current financial year, according to Chief Financial Officer Amrit Singh.The value-of-new-business growth will be 300–500 basis points higher than the market growth rate, he told NDTV Profit in a conversation on Wednesday. The VNB is a key metric used in the insurance industry to evaluate the profitability of an insurer through its new businesses. It …
Max Financial Services reports 12% growth in consolidated revenue excluding Investment income in FY’25 rising to ₹32,620 crores; Axis Max Life Insurance’s Individual Adjusted First Year Premium grew 20% - The Times of Bengal
Axis Max Life FY’25 Highlights: Proprietary Channels APE grew by 26% Gross Written Premium: â¹33,223 crores, up 13% YoY Embedded Value at â¹25,192 crores, grows 29% with an Operating RoEV of 19.1% Individual New Business Sum Assured grew by 31% Assets Under Management (AUM) at â¹1,75,072 crores, up by 16% New retail policy sales increase by 11% during FY’25 Max Financial Services Limited has recorded consolidated revenue excluding inves…
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