News From Press Max Life Insurance records a growth of 31% in value of new business for FY18

Max Life Insurance records a growth of 31% in value of new business for FY18

Source : Business Standard May 31, 2018

Max Life Insurance Co. Ltd., a leading Indian life insurance company, recorded Individual adjusted first year premium of Rs. 3,215 crore achieving growth of 22 percent in the Financial Year 2017-18 (FY18). During this period the Gross Written Premium of the company grew by 16 percent to Rs. 12,501 crore, while the renewal premium recorded growth of 15 percent to Rs. 8,152 crore.

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