Max Life Insurance

Life insurers may see lower VNB margins, while general insurers may face weak profits due to high claims, analysts say.

Sebi issues notice to Axis Bank about stake buy in Max Life Insurance

The stake was acquired as part of a deal closed in 2021 between Axis Bank and Max Life Insurance

Axis Bank says no material impact from allegations on Max Life Insurance deal

BJP leader Subramanian Swamy moved the Delhi High Court, alleging the private bank's involvement in an Rs 5,100-crore scam

Max Life launches first-of-its-kind Midcap Momentum Index Fund in ULIP segment

This NFO aligns with the surging trend of index funds in India which have witnessed 175% CAGR growth in asset under management (AUM) over the last three years (FY20-FY23), Max Life Insurance said.

Max Life Insurance to expand its presence in 100 more cities this year

Max Life Insurance is planning to add 1,000 more employees this year and through its increased presence, go deeper into rural markets, says MD & CEO, Prashant Tripathy

Does life insurance make sense without tax benefits?

Yes, says Max Life Insurance MD and CEO Prashant Tripathy. Despite withdrawal of tax benefits on maturity proceeds of endowment policies with annual premiums of over Rs 5 lakh, he does not foresee a major impact on premium collections.

Max Life Insurance buys 2.99% in Capital Small Finance Bank

Max Life Insurance Company has been allotted a total of 10.57 lakh equity shares. Each equity share has a face value of Rs 10. Additionally, a premium of Rs 458 per equity share has been paid. The total consideration for this allotment amounts to Rs 49,50,03,600, the bank said in a statement.

Max Financial Services promoter stake sale hits a roadblock, say sources

Sources suggest that Analjit Singh wants to retain part stake for monetising future upside but PE investors are interested in buying full promoter stake as part of the deal.

Gurgaon couple arrested for torturing teen domestic help sacked by Max Life Insurance, PR firm

The minor girl was rescued from the Gurgaon couple's home with several injuries on her hands, feet and mouth. The couple allegedly made her work and also beat her mercilessly daily. Along with not letting her sleep the whole night, they also didn't give her any food, according to the complaint.

Exposure to India will increase in FIIs portfolio: Max Life Insurance's Mihir Vora

Vora expects growth to slow down in the Indian IT services space but he is bullish on the FMCG sector

Indian market can scale a new high but needs global tailwinds, says Mihir Vora of Max Life Insurance

Vora suggests sticking to domestic themes like financials, capital goods, automobiles, hotels, industrials and EPC

Axis Bank stake in Max Life Insurance likely to rise to 20% in 6-9 months: Prashant Tripathy

"The bank currently holds about 13 per cent and we are hopeful that over the next 2-3 quarters they would be able to take it to 20 per cent," Tripathy said.

Max Life Insurance enters pension fund management business; its arm secures licence from PFRDA

Max Life Pension Fund Management Limited, a subsidiary of the life insurance firm, will manage the pension assets with investment choices under the National Pension Scheme.

With Axis Bank's know-how and reach, Max Life will be on a journey of multi-year expeditious growth: Max Life MD & CEO

The opportunities of synergies with Axis Bank are humongous. says, Prashant Tripathy. Digital, he says, is a big play for Max Life, and currently, the organisation is on a multi-year programme to completely digitise its operations and sales.

Max Financial appoints Mandeep Mehta as CFO, with effect from October 1

Mehta is currently associated with Max Life Insurance as EVP & Deputy Chief Financial Officer.

Interview | 2020 has broken preconceived notions about markets and economics, says Mihir Vora of Max Life Insurance

Max Life Insurance CIO says stock market valuations are stretched as most asset classes have been performing. Returns next year may be in the low double-digits or high-single digits for the overall market, but there is money to be made by astute sector and stock picking

Approval from IRDAI on Axis Bank stake hike expected by March: Max Life CEO

Axis Bank was to originally acquire an additional about 29 percent stake in Max Life. However, some changes had to be made to the deal following correspondence from the Insurance Regulatory and Development Authority of India (IRDAI).

Max Life Insurance hires 2,000 executives via digital medium during COVID-19

Hiring was done across diverse verticals such as agency, bancassurance, and internal operations, the insurer said.

Max Life Insurance, Axis Bank modify deal terms after IRDAI raises concerns: Report

In April, Axis Bank said it plans to raise its stake in Max Life Insurance to 30 percent from 1 percent.

The Market Podcast | This fund manger who manages Rs 70k cr AUM has valuable advise for Robinhood investors

One message that I would like to kind of convey is that ultimately money is made by investment, not by trading. There’s a minuscule minority of people who actually make money trading on a consistent basis.

Axis Bank-Max Life deal: Companies agree to changes in certain options

In April, Axis Bank agreed to increase its stake in Max Life Insurance, a subsidiary of Max Financial Services (MFS), to 30 per cent from about 1 per cent.

Axis Bank to acquire 29% stake in Max Life Insurance

With this acquisition, the total stake of Axis Bank in Max Life will be at 30 percent.

Axis Bank eyes 30% stake in Max Life for Rs 1,600cr: Report

Axis Bank will reportedly have three to four nominees on the board of Max Life Insurance.

The Market Podcast | Height of uncertainty in markets! Mihir Vora talks about pockets of value

After being darling of investors in the past 5 years, private and public sector financial stocks could see a bounce back because the economy cannot turn around without credit growth.

Yes Bank extends bancassurance tie-up with Max Life Insurance for 5 years

To commemorate the extension of the partnership for another 5 years, the companies will dedicate the current financial year as the ‘Year of the Customer', Max Life CEO Prashant Tripathy said.