Max Financial Services Limited — Updates, 13-05-2025: Press Release

Max Financial Services has announced a board meeting on the financial results for the quarter and half-year. Axis Max Life Insurance reported robust FY’25 growth with consolidated revenue (ex-investment income) up 12% to ₹32,620 Cr. Individual Adjusted First Year Premium increased 20% to ₹8,329 Cr, boosting private market share to 9.8%. Gross Written Premium rose 13% to ₹33,223 Cr, while Assets Under Management grew 16% to ₹1.75 lakh Cr. New retail policies were up 11%, and embedded value jumped 29%, supported by product innovation and expanded distribution. Profit before tax surged 20%.