Results 02-Dec-23
Announcements
Max Life Insurance Company standalone net profit rises 273.21% in the September 2023 quarter
Sales rise 14.10% to Rs 6483.73 crore
Net profit of Max Life Insurance Company rose 273.21% to Rs 169.96 crore in the quarter ended September 2023 as against Rs 45.54 crore during the previous quarter ended September 2022. Sales rose 14.10% to Rs 6483.73 crore in the quarter ended September 2023 as against Rs 5682.27 crore during the previous quarter ended September 2022.
Particulars
Quarter Ended
Sep. 2023
Sep. 2022
% Var.
Sales
6483.73
5682.27
14
OPM %
1.02
-1.36
-
PBDT
157.47
53.06
197
PBT
157.47
53.06
197
NP
169.96
45.54
273
Previous News
Max Life partners with IIA to offer life insurance access to 11L MSMEs in UP
( Insurance - 08-May-23 11:41 )
Max Life's statement on proposal for non-linked life insurance policies in Budget 2023
( Corporate News - 02-Feb-23 09:36 )
Max Life Insurance unveils its new ULIP fund ‘Nifty 500 Momentum 50 Index Fund’
( Insurance - 20-Aug-24 19:58 )
IRDAI issues an exposure draft to increase the surrender value of non-linked products
( Insurance - 14-Dec-23 19:56 )
Max Life Insurance becomes first life insurer to adopt Account Aggregator system
( Insurance - 28-Oct-21 15:55 )
Max Life expects over 11% business growth in FY21: CEO
( Insurance - 21-Feb-21 15:05 )
Max Life Insurance and Tata Asset Mgt get approval to set up pension funds
( Insurance - 01-Oct-21 23:14 )
Max Life Insurance partners with Capital SFB to offer life insurance solutions
( Insurance - 04-May-23 15:48 )
Max Life expects double digit growth in new business premium this fiscal
( Insurance - 18-Aug-23 09:57 )
Max Life to pay penalty of Rs 3 cr imposed by IRDAI
( Corporate News - 17-Oct-22 09:18 )
Max Life Insurance launches its new savings plan “Max Life Smart Wealth Income Plan”
( Insurance - 10-Nov-21 12:26 )
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