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Max Financial Services (BOM:500271) Net Policyholder Benefits/Claims : ₹132,925 Mil (As of Mar. 2024)


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What is Max Financial Services Net Policyholder Benefits/Claims?

Policyholder benefits & claims is the fund paid out by insurances companies to cover the insurance losses, liabilities and expenses. Max Financial Services's policyholder benefits & claims for the three months ended in Mar. 2024 was ₹44,760 Mil. Its policyholder benefits & claims for the trailing twelve months (TTM) ended in Mar. 2024 was ₹132,925 Mil.

Max Financial Services's quarterly policyholder benefits & claims increased from Sep. 2023 (₹29,357 Mil) to Dec. 2023 (₹30,963 Mil) and increased from Dec. 2023 (₹30,963 Mil) to Mar. 2024 (₹44,760 Mil).

Max Financial Services's annual policyholder benefits & claims increased from Mar. 2022 (₹89,392 Mil) to Mar. 2023 (₹102,906 Mil) and increased from Mar. 2023 (₹102,906 Mil) to Mar. 2024 (₹132,925 Mil).


Max Financial Services Net Policyholder Benefits/Claims Historical Data

The historical data trend for Max Financial Services's Net Policyholder Benefits/Claims can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Max Financial Services Net Policyholder Benefits/Claims Chart

Max Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Policyholder Benefits/Claims
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64,637.03 71,951.70 89,392.00 102,905.70 132,924.80

Max Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Policyholder Benefits/Claims Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,542.20 27,845.30 29,356.70 30,963.30 44,759.50

Max Financial Services Net Policyholder Benefits/Claims Calculation

Fund paid out by insurances companies to cover the insurance losses, liabilities and expenses.

Net Policyholder Benefits/Claims for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹132,925 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Max Financial Services (BOM:500271) Business Description

Traded in Other Exchanges
Address
L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

Max Financial Services (BOM:500271) Headlines

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