Max Financial Services Limited — Updates, 22-10-2024: Press Release

Max Financial Services Limited reported a 30% increase in consolidated revenue to ₹25,178 crore in H1 FY25, driven by strong investment income. Max Life observed a 19% rise in New Business Premium to ₹5,091 crore, with substantial growth in individual policies. The company plans to refresh its brand identity by including 'Axis' in its name, enhancing market strength. Additionally, Max Life's embedded value rose by 30% to ₹23,338 crore, reflecting robust performance across all channels.