Archive · 6 Jun 2025
Axis Max Life Declares ₹2,135 Crore Bonus for Policyholders
Imagine a company called Axis Max Life Insurance that helps people save money.
They announced they're giving back some of their profits to the people who have insurance policies with them.
This is called a bonus, like a special reward!
They're giving away ₹2,135 crore to over 21 lakh policyholders, starting July 2025.
The company's savings account, called the PAR fund, is doing really well, growing a lot over the last 10 years.
The company is also offering different ways for people to use their bonus, like getting cash or adding to their insurance coverage.
Axis Max Life Insurance declared a ₹2,135 crore bonus for policyholders for FY2024-25.
Over 21 lakh eligible policyholders will receive the bonus starting July 2025.
This is the company’s 23rd consecutive annual bonus.
The company’s participating (PAR) fund grew to ₹74,119 crore in FY25.
Axis Max Life offers flexible bonus options, including cash and premium offsets.
- Who
- Axis Max Life Insurance
- What
- Declared a participating bonus of ₹2,135 crore for policyholders.
- When
- FY2024-25
- Where
- N/A
- Why
- To provide returns to eligible policyholders and demonstrate financial stability.
- Bonus Amount
- ₹2,135 crore
- Eligible Policyholders
- Over 21 lakh
- Bonus Distribution Start
- July 2025
- Cumulative Bonus
- ₹15,847 crore
- PAR Fund Growth (FY25)
- ₹74,119 crore
- 10-year CAGR
- 19%
- Gross Written Premium (FY24-25)
- ₹33,223 crore