Page 3 - Max Life Insurance
Axis Bank to acquire 9.9% stake in Max Bupa Health's promoter entity
Max Bupa Health Insurance is as a joint venture between private equity group True North and Bupa.
 "Axis Bank to acquire 9.9% stake in Max Bupa Health's promoter entity")
Max Life Insurance attains highest claim settlement ratio at 99% in FY20
Max Life Insurance on Thursday said it has settled individual claims worth over Rs 562 crore in 2019-20, and attained a settlement ratio of 99.22 per cent during the year.
 "Max Life Insurance attains highest claim settlement ratio at 99% in FY20")
IRDAI approves Axis entities' stake acquisition in Max Life Insurance
In addition, Axis entities have the right to acquire an additional stake of up to 7 per cent in Max Life in one or more tranches which they intend to acquire in the next few years
 "IRDAI approves Axis entities' stake acquisition in Max Life Insurance")
Max Life Insurance expects over 11% business growth in FY21: CEO
Max Life Insurance hopes to post even better numbers at the close of 2020-21 on the back of strong distribution network and digital expansion, the company's top official said
 "Max Life Insurance expects over 11% business growth in FY21: CEO")
Max Financial surges 7%, scales record high post strong Q3 results
Max Life Insurance demonstrated a resilient performance amid a challenging macro environment with 21 per cent annual premium equivalent (APE) growth
 "Max Financial surges 7%, scales record high post strong Q3 results")
Competition Commission gives go-ahead to Axis-Max Life Insurance deal
Additionally, Axis Capital and Axis Securities will acquire 2 per cent and 1 per cent, respectively, shareholding in Max Life
 "Competition Commission gives go-ahead to Axis-Max Life Insurance deal")
Life insurers see 2.7% contraction in December premium collection
Top private insurers such as HDFC Life, ICICI Life, and Max Life Insurance registered double-digit growth in December
 "Life insurers see 2.7% contraction in December premium collection")
Max Financial gets approval for share swap agreement with Mitsui Sumitomo
The transaction entails swapping Mitsui Sumitomo's 20.6 per cent stake in Max Life Insurance with 21.9 per cent stake in Max Financial Services
 "Max Financial gets approval for share swap agreement with Mitsui Sumitomo")
Axis Bank, subsidiaries to acquire 19% stake in Max Life in revised deal
RBI did not consider Axis's earlier proposal of acquiring 17% stake in Max Life
 "Axis Bank, subsidiaries to acquire 19% stake in Max Life in revised deal")
Max Financial: Investors should shift attention to fundamentals
With 72 per cent gains in six months, the stock is an outperformer in the pack; monthly premium numbers don't provide comfort
 "Max Financial: Investors should shift attention to fundamentals")
IPL Sponsors: RR ropes in TV9 Network, RCB gets Max Insurance on board
Rajasthan Royals has roped in TV9 Bharatvarsh as its principal partner for the 13th edition of the Indian Premier League, to be held in UAE from September 19
 "IPL Sponsors: RR ropes in TV9 Network, RCB gets Max Insurance on board")
Max Financial surges 13% as Axis Bank tweaks Max Life Insurance deal terms
Axis Bank had initially planned to raise its stake in the insurer to 30 per cent for about Rs 1,590 crore
 "Max Financial surges 13% as Axis Bank tweaks Max Life Insurance deal terms")
Axis Bank changes plan, cuts stake purchase in Max Life to 17%
Axis Bank, which already holds a minority stake in Max Life, will own an 18% interest in the insurer after the deal
Digitised selling, servicing of insurance get a fillip amid pandemic
Insurers have made a leap from manual paper-bound process to end-to-end paper-less or digital-based selling through all the channels of distribution
 "Digitised selling, servicing of insurance get a fillip amid pandemic")
Axis deal should boost our growth target and margin: Max Life's Tripathy
In a Q&A, the MD and CEO of Max Life says as a shareholder, Axis will now focus more on pushing high-margin products such as protection, which Indian customers also need
 "Axis deal should boost our growth target and margin: Max Life's Tripathy")
Axis Bank to buy 29% in Max Life Insurance, raise its total stake to 30%
After the completion of a series of transactions, Max Life will become a 70:30 joint venture between MFS and Axis Bank
 "Axis Bank to buy 29% in Max Life Insurance, raise its total stake to 30%")
Max Life Insurance, YES Bank extend bancassurance partnership for 5 years
Max Life Insurance is a joint venture between Max Financial Services Ltd and Mitsui Sumitomo Insurance
 "Max Life Insurance, YES Bank extend bancassurance partnership for 5 years")
We will grow in single digits due to coronavirus: Max Life Insurance MD
Prashant Tripathy, managing director and chief executive of Max Life Insurance, spoke to Subrata Panda on how the sector will be impacted, the change in strategy of the company
 "We will grow in single digits due to coronavirus: Max Life Insurance MD")
Axis Bank to explore possibility of strategic partnership with Max Life
Max Life is currently the largest non-bank owned private life insurer in India
Business growth moderates for four listed private life insurance players
While the pace of growth for the four listed life insurers has come down, HDFC Life and Max Life fared better
 "Business growth moderates for four listed private life insurance players")
