Max Life H1 FY25 Highlights New Business Premium*: â¹5,091 crore, up 19%; Proprietary channels APE grew by 51% Gross Written Premium: â¹13,137 crore, up 14% YoY Embedded Value at â¹23,338 crore, grows 30%: Operating RoEV of 16.8% Individual New Business Sum Assured grew by 40% Assets Under Management (AUM) at …
Read More »Max Life’s Claims Transformation Aims for True InstaClaim™ in 3 Hours
Max Life Insurance Co. Ltd. (“Max Life/Company”) announces the implementation of an innovative “Claims Transformation Program,” which leverages advanced technology and analytics to significantly enhance claims processing. This will allow the company to deliver true InstaClaim™ by processing 30% of death claims within 3 hours. The current rate of settling …
Read More »IPQ 6.0 Reveals South Zone Leads in Financial Security with 8 in 10 Urban Residents Insured
For 1 in 4 in South India, high premiums act as a big barrier for Term purchase South India leads in Rider Awareness across zones with an average 20 points increase Chennai’s Protection Quotient stands at 40: City ranks 3rd among all South Indian Metros More than 9 in 10 …
Read More »