by AIP Online Bureau | May 24, 2024 | Briefs, Eco/Invest/Demography, Life
Max Life Insurance Company (Max Life) has announced its highest-ever participating (PAR) bonus of Rs1,826 Crore for its eligible policyholders in FY23-24. The bonus is 14% higher than the bonus declared in the last fiscal. The declared annual bonus will be added to...
by AIP Online Bureau | Feb 15, 2024 | Indian News, Life, Regulation
Subramanian Swamy In his petition, Swamy has alleged Axis Bank made undue profits totalling Rs 4,000 crore from the sale and purchase of equity shares of Max Life in a non-transparent manner and in violation of the applicable regulations. New Delhi: BJP leader...
by AIP Online Bureau | Feb 13, 2024 | Articles, Eco/Invest/Demography, Health, Risk Management
-Max Life’s India’s Protection Quotient (IPQ) reveals that 3 in 4 urban Indians now own life insurance, -Higher importance being ascribed to Cover and Riders while buying Term Life Insurance, -The South Zone most financially prepared; West India has the highest...
by AIP Online Bureau | Feb 6, 2024 | Banking & Bancassurance, Indian News, Life, Regulation
Last year in August, the company announced a capital infusion by Axis Bank by issuance of 14.25 crore equity shares to help Max Life to support its future growth ambitions, augment its capital position and improve solvency margins NEW DELHI: Max Financial Services,...
by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation
Prashant Tripathy, CEO and Managing Director, Max Life said “ With our presence in Dubai, we are not only extending our reach to the Gulf region and enhancing our brand awareness, but also bridging the geographical gap to ensure that our NRI customers experience a...
