Max India Limited Financial Overview slide image

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 efficiency
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