Axis Max Life Embedded Value at ₹28,870.5 Crore

Max Financial Services discloses independent actuarial opinion from Willis Towers Watson on subsidiary Axis Max Life's Embedded Value.
Embedded Value as of 31 March 2026 stands at ₹28,870.5 crore with New Business Value of ₹2,647.1 crore for the year.
WTW opines methodology and assumptions comply with Institute of Actuaries of India standards and are materially accurate.
The opinion covers review of economic assumptions, operating assumptions, and solvency margin targets for participating and non-participating business.