Max India Limited Financial Overview
M
MAX
Max Life has distinct competitive strengths which
will help succeed in the new era
MAX
LIFE
INSURANCE
Strong Parentage
Joint Venture between
Max India Ltd. (leading Indian multi-
business corporate)
Mitsui Sumitomo Insurance Co. Ltd.
(Member of MS&AD group which is
amongst top 10 general insurers in the
world)
Strong management team with proven
execution capabilities
Superior Customer Retention
Top quartile position among major private
players in FY2015 in
13 M persistency at 79%
Conservation ratio at 82%
"Treating Customers Fairly" framework
adopted to drive our customer centricity
agenda
Financially sound*
Capital Base of `2,127cr
Solvency ratio of 435% (one of the highest)
Assets under management of `31,220 cr
MAX
LIFE
INSURANCE
Long term Savings and Protection
Comprehensive product suite
Long tenor products and young customers
Product mix Par 57%, Non-par 15%, ULIP
28%
Multi-channel Distribution model
Highly efficient and productive agency
channel with focus on quality of advice
Best in class training capabilities within the
industry
Bancassurance relationship with Axis Bank
is benchmark in the industry
Quality & Business Excellence
ISO Certification, strong feedback
processes & robust 6 sigma program
Focus on Service excellence & Operational
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