Max India Limited Financial Overview
3 & MAX
Market Position Insurance Sales
MAX
LIFE
INSURANCE
Rank
Company
Individual New Business Premium (Rs. Cr)
Premium Adjusted for 10% single premium
Apr'14-Mar'15
Apr'14-Mar'14
Growth (%)
Private Market Share
1
ICICI Prudential
4,596
3,253
41%
23.0%
2
SBI Life
3,120
2,811
11%
15.6%
3
HDFC Life
2,967
2,374
25%
14.8%
4
Max Life
1,948
1,769
10%
9.7%
5
Reliance Life
1,202
1,121
7%
6.0%
6
Bajaj Allianz
775
1,002
-23%
3.9%
7
Birla Sunlife
738
837
-12%
3.7%
8
PNB MetLife
712
577
23%
3.6%
9
Kotak Life
617
465
33%
3.1%
10
Exide Life
441
500
-12%
2.2%
Others
2,874
2,536
13%
14.4%
Private Total
19,992
17,243
16%
LIC
20,774
28,520
-27%
Grand Total
40,765
45,763
-11%
Market Share of Pvt.
Players
49.0%
37.7%
Source: Life Insurance Council | IRDA Website
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