Axis Max Life H1 VNB Rises 21% to ₹1,180 Crore
Axis Max Life's value of new business rose 21% year over year to ₹1,180 crore in the first half of FY27, while its VNB margin expanded 210 basis points to 25.4%.
Max Financial Services reported a 21% year-on-year increase in the value of new business (VNB) at its insurance subsidiary, Axis Max Life Insurance, to ₹1,180 crore in the first half of FY27. The VNB margin expanded 210 basis points to 25.4%.Axis Max Life’s individual adjusted first-year premium ro…