Max Financial Services Ltd. is a part of the Max Group. Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multi-channel distribution including agency and third-party distribution partners. Max Life has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per public disclosures and annual audited financials for FY2021-22, Max Life has achieved a gross written premium of INR 22,414 crore.
INR 0.44999999999993- – Consolidated – 2021-22– Max Financial – 2021-22
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- 6th November 2019
Max Financial Services H1fy20 Consolidated Revenue1 Grows 10% To Rs. 8,635 Cr.; Max Life Reports Strong Growth In Sales, Value Of New Business And Margin
- 6th August 2019
Max Financial Services Embedded Value at Rs. 9,314 Cr., grows 22% y-o-y. Mitsui Sumitomo Insurance to Acquire 21.45% Stake in MFS via Swapping its 19.98% stake in Max Life Insurance.
- 28th May 2019
Max Financial Services reports Consolidated Revenues of Rs. 17,538 Cr. in FY2019, grows 17%; Max Life Embedded Value at Rs 8,938 Cr., Operating RoEV 22%
- 11th February 2019
Rahul Khosla to transition from Group President to a Group Advisor role in line with agreed plans
- 11th February 2019
Max Financial Services Reports Q3 Consolidated Revenues of Rs. 4,124 Cr., growing 12%
- 14th November 2018
Max Financial Services reports Q2 Consolidated Revenues1 of Rs. 4,075 Cr., growing 18%
- 6th August 2018
Max Financial Services reports Q1 Consolidated Revenues1 of Rs. 3,099 Cr., growing 21%
- 23rd July 2018:
Analjit Singh Appointed as Non-Executive Chairman on the Board of Max Financial Services Limited
- 25th May 2018:
Max Financial Services reports Consolidated Revenues of Rs. 14,967 Cr. in FY2018, grows 15%;
Max Life Embedded Value at Rs 7,509 Cr., Operating RoEV 20.6% - 25th May 2018:
Sahil Vachani Appointed as Director on the Boards of Max Financial Services and Max Life Insurance
- 9th August 2017:
Max Financial Services Q1 Consolidated Revenues1 grow 14% to Rs. 2,566 Cr.
- 31st July 2017:
Max merger with HDFC Life called off
- 30th May 2017:
Max Financial Services reports strong performance in FY2017
- 10th February 2017:
Max Financial Services reports strong Q3 performance; PAT grows 52% to Rs. 160 Cr.
- 25 th November 2016:
Max Financial Services announces Embedded Value (EV) for Max Life at Rs. 6,204 Cr.*; Return on EV (RoEV): 22%
- 4th November 2016:
Max Financial Services Consolidated Profit Before Tax for the half year ended September 2016 grew 27% to Rs. 313 cr.
