Add The Wire As Your Trusted Source
For the best experience, open
https://m.thewire.in
on your mobile browser.
AdvertisementAdvertisement

Axis Max Life Declares INR 2,530 Crore Participating Bonus for FY26

axis max life declares inr 2 530 crore participating bonus for fy26
Advertisement

New Delhi, June 10, 2026: Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd (“Axis Max Life”/ “Company”), has announced a Participating (PAR) bonus of ₹2,530 Crore for eligible policyholders for FY2025–26. This marks the Company’s 24th consecutive annual bonus and takes the cumulative bonus declared over the past 24 years to ₹18,377 Crore*.

The declared bonus will be provided to more than 21 lakh eligible PAR policyholders, beginning July 2026. Axis Max Life’s PAR Fund** has grown from ₹74,119 Crore in FY25 to ₹79,003 Crore in FY26, a CAGR of 17% over the past decade.

Year

FY 21-22

FY 22-23

Advertisement

FY 23-24

FY 24-25

Advertisement

FY 25-26

Bonus

Advertisement

₹1,469 Crore

Advertisement

₹1,604 Crore

₹1,826 Crore

₹2,135 Crore

₹2,530 Crore

Axis Max Life participating products offer multiple bonus types, including cash bonus, reversionary bonus, and terminal bonus. Additionally, these products provide customers’ features such as accumulation of bonuses, partial withdrawal of accumulated bonuses, paid-up additions, and premium offset, without impacting the basic sum assured.

About Axis Max Life Insurance Limited (https://www.axismaxlife.com)

Axis Max Life Insurance Limited (the “Company”), formerly known as Max Life Insurance Company Ltd., is a subsidiary of Max Financial Services Limited (“MFSL”) with Axis Bank Limited and its affiliates also being shareholders of the Company. Axis Max Life offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party partners. The Company has built its operations on a need-based sales process, a customer centric engagement model and trained human capital. As per audited financials for FY2025-26, Axis Max Life recorded a gross written premium of INR 38,877 crore.

IRDAI Registration. No – 104

Company Information Number - U74899HR2000PLC143012

* Includes Regular and Terminal Bonus

** On Book Value Basis

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

This is an auto-published feed from PTI with no editorial input from The Wire.

This article went live on June tenth, two thousand twenty six, at five minutes past twelve at noon.
Advertisement
Advertisement
tlbr_img1 Series tlbr_img2 Columns tlbr_img3 Multimedia