Business Review

Embedded Value (EV) at ₹ 7,509 Crore*, operating RoEV 20.6%

Value of New Business increased to ₹ 656 Crore, grows 31%

Individual Adjusted PremiumEquivalent

Growth primarily driven by productivity improvement and increased demand for unit-linked products

Gross Written Premium andShareholder Profit

Efficiency improvement and various initiatives to improve renewal conservation drove strong overall premium growth

* As at 31st March 2018

Sum assured in force at ₹ 5,11,541 crore, 35% higher than FY 2017

Solvency Surplus of ₹ 2,208 Crore and Ratio at 275%

New Business Margin grows 140 bps, to 20.2%

Assets Under Management *

FY 2018 marked the first time Max Life’s AUM crossed the ₹ 50,000 Crore mark

Operating Expenditure Ratio (Opex/Net Premium)

Consistent cost optimisation efforts continue to bear results

Conservation Ratio up 100 bps to 89.6%