MAX FINANCIAL SERV LTD

Max Financial Services Limited held its Q1 FY27 Earnings Conference Call on August 13, 2026, where management discussed the company's performance amidst geopolitical uncertainties. Management reported a 17% growth in individual adjusted first-year premium, outperforming industry averages, and a 15% growth in annualized premium equivalent (APE). The completion of Axis Bank's acquisition of an additional 0.98% stake was highlighted, enhancing the company's solvency ratio to 198%. Management noted strong growth in the Group Credit Life segment and introduced new products aimed at high-net-worth individuals and NRI customers. The value of new business (VNB) margin expanded from 20.3% to 23.2%, reflecting improved profitability. Customer-centric metrics showed a high individual death claim paid ratio of 99.8%. The company emphasized its digital transformation and operational efficiency initiatives, which contributed to improved productivity and customer engagement.

Management emphasized strong growth and operational improvements throughout the quarter.