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Max Life

Axis Bank enters into revised pact with Max Fin Serv for acquiring additional 7 pc…

Dustin Moskovitz Jan 10, 2023 0

on Tuesday said it has entered into a revised agreement with to acquire an additional 7 per cent stake in Max Life Insurance at fair market value using discounted cash flow method. The…

Business

Irdai fines Max Life Rs 3 crore for Axis Bank deal

Dustin Moskovitz Oct 16, 2022 0

(This story originally appeared in on Oct 15, 2022)MUMBAI: Insurance regulator Irdai has imposed a Rs 3-crore penalty on Max Life for its share sale deal with , which the regulator said…

Business

Life insurers to get annuity boost, general cos to endure a tepid Q4

Dustin Moskovitz Apr 15, 2022 0

Mumbai: Life and general insurance companies may see a divergence in their fourth-quarter earnings as life insurers are expected to continue seeing robust demand for annuity schemes that…