Axis Max Life's VNB increases 21% YoY; individual adjusted first year premium grows 12% YoY in H1 FY'27
New Delhi, Oct. 30 -- Max Financial Services Limited has recorded consolidated revenue excluding investment income at Rs.17,484 crores that grew by 16% YoY in H1 FY'27. The consolidated revenue including investment income stood at Rs.26,582 crores up by 17%, while consolidated PAT stood at Rs.219 crores in H1 FY'27 up by 137%.
Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life" / "Company"), has announced new business growth (Individual Adjusted First Year Premium) of 12% to Rs.4,368 crores with a private market share at 10.1%. The Value of New Business (VNB) for H1 FY'27 increased by 21% YoY to Rs.1,180 crores, while the VNB margin expanded by 210 basis points to 25.4%, supported by gro...
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