Max Financial Services Limited incorporated on 24 February, 1988 is part of India’s leading business conglomerate – 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’s largest non-bank life insurer and 4th largest private life insurance company.
Max Financial's Q1 FY27 call highlighted strong performance despite market volatility. Value of New Business (VNB) surged 33%, with margins expanding to 23.2% driven by protection mix and favorable yield curves. Individual Adjusted First Year Premium grew 17%, outperforming the industry. Solvency remains robust at 198% following Axis Bank's additional...