Max Life's profit jumps 46% YoY in Q1 FY25

Embedded Value also grew by 30% YoY.

Max Life also posted a substantial 46% year-on-year (YoY) surge in Profit before Tax, reaching ₹151 crore in the first quarter of fiscal year 2025 (Q1 FY25).

The company’s Embedded Value grew by 30% YoY to ₹22,043 crore, with an Operating Return on Embedded Value (RoEV) of 14.2%.

The Value of New Business (VNB) also saw a modest 3% YoY increase to ₹254 crore, compared to ₹247 crore in Q1 FY24. The Total Annualised Premium Equivalent (APE) rose sharply by 31% YoY to ₹1,453 crore during the quarter.

Max Life’s Annual Premium Equivalent (APE) also shot up by 60% YoY in Q1 FY25. The contribution of these channels to total new sales grew from 40% in Q1 FY24 to 49% in Q1 FY25.

Follow the link s for more news on

Financial Statements

insurance

Life insurance

Also Read

APAC reinsurers poised for growth on the back of sustained demand

Double-digit premium growth lifts AIA to record value of new business in Q3

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit