Public Disclosures

Axis Max Life Insurance has progressed well on all business parameters in the Financial Year 2025-26 and has further strengthened its position owing to its continued focus on building a successful life insurance business to deliver the core value of long-term savings and protection.

• The gross written premium of the company grew 17% to Rs. 38,877 crores
• Shareholders profit after tax at Rs. 277 crores
• Assets under management increased by 8% to Rs. 189,795 crores
• The solvency ratio of 194%, more than the mandatory 150%, indicates the company’s strong and stable financial position
• Conservation ratio at 83% and 13th-month persistency at 83%
• Policyholder Bonus Paid at Rs. 2,434 crores
• Sum assured in force at Rs. 2,775,463 crores, recorded an increase of 27% over the previous financial year
• Expense of management to gross direct premium ratio stood at 25%
• Grievance incidence rate was 34 per 10,000 policies for the year
• We have paid 99.78% claims on individual business policies and 99.05% claims on group business policies