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
Board of Max Financial Services approves Mitsui Sumitomo Insurance's share swap
( Corporate News - 05-Mar-20 09:47 )
Max Life assets under management crosses Rs 1.5 lakh crore for the first time
( Insurance - 15-Apr-24 17:37 )
Max Life launches its new Term Insurance Plan 'Max Life Smart Term Plan'
( Insurance - 20-Jun-19 18:19 )
Max Life Insurance death claim settlement at 99.35% in 2020-21
( Insurance - 12-Jan-22 16:55 )
Max Life Insurance Company and Yes Bank extend bancassurance partnership
( Corporate News - 13-Apr-20 12:02 )
Max life insurance join hands with Ujjivan Small Finance Bank for Bancassurance partnership
( Insurance - 06-Mar-23 10:34 )
Max Life expects over 11% business growth in FY21: CEO
( Insurance - 21-Feb-21 15:05 )
Max Life to pay penalty of Rs 3 cr imposed by IRDAI
( Corporate News - 17-Oct-22 09:18 )
Max Life Insurance becomes first life insurer to adopt Account Aggregator system
( Insurance - 28-Oct-21 15:55 )
IRDAI approves Max Financial Service to increase its stake in Max Life
( Corporate News - 28-Nov-20 13:41 )
Max Life Insurance unveils its new ULIP fund ‘Nifty 500 Momentum 50 Index Fund’
( Insurance - 20-Aug-24 19:58 )
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