Max Financial Services Ltd Reports 18% Growth in Consolidated Revenue Excluding Investmentincome in 9M FY’26; Axis Max Life Sees 20% YoY Growth in Individual Adjusted First Year Premium

Max Financial Services Ltd has recorded consolidated revenue excluding investmentincome at 324,625 crores, growing 18% year-on-year in 9M FY’26. Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited, has reported new business growth (Individual Adjusted First Year Premium) of 20% in 9M FY’26, reaching 6,396 crores, resulting in a private market share gain of 53 basis points (bps) to 9.8%. The company has secured 51 new business partnerships including 24 Group and 27 Retail partnerships in the fiscal. The individual renewal premium grew by 17% to 15,551 crores, taking the Gross Written Premium to 325,195 crores, an 18% YoY increase.