Max India Limited Financial Overview
MAX
Max Bupa Health Insurance
Max Bupa
Health Insurance
A Max India Joint Venture
Quarter Ended
Key Business Drivers
Unit
Y-o-Y
Year ended
Y-O-Y
Mar-15
Mar-14
Growth Mar-15 Mar-14
Growth
a) Gross written premium income
First year premium*
Renewal premium
Total
b) Net Earned Premium
Rs. Cr
48
50
(4%)
145
163
(11%)
76
42
52
44%
228
146
56%
124
102
21%
373
309
21%
Rs. Cr
81
88
68
19%
315
237
33%
c) Net Profit / Loss Before Tax
Rs. Cr
(27)
(50)
(93)
(133)
d) Claim Ratio (B2C Segment)
%
49%
51%
170 bps
50%
50%
(40 bps)
e) Av. premium realization per life (B2C)
Rs.
6,538
5,570
17%
6,364
5,393
18%
f) Conservation ratio (B2C Segment)
%
89%
86%
320 bps
90%
85%
500 bps
g) Number of agents
No.
8,909
11,401
(22%)
h) Paid up Capital
Rs. Cr
791
670
18%
* B2C First year premium growth at 36% for Q4FY15
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