Axis Max Life reports 19% YoY growth in individual adjusted first year premium in FY'26; VNB increases by 26% YoY
New Delhi, May 14 -- Max Financial Services Limited has recorded consolidated revenue excluding investment income at Rs.38,039 crores, growing 17% year-on-year in FY'26. The consolidated revenue including investment income stands at Rs.47,696 crores and consolidated Profit after Tax (PAT) at Rs.106 crores in FY'26.
Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life" / "Company"), has reported new business growth (Individual Adjusted First Year Premium) of 19% in FY'26, reaching Rs.9,885 crores. This has resulted in a private market share gain of 56 basis points (bps) to 10.4%. Axis Max Life has delivered a 20% YoY Annualised Premium Equivalent (APE) growth in the fiscal. This performance...
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