Max Life outpaces pvt life insurance industry in Apr-Dec, expects over 11 pc biz growth in FY21: CEO indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Outpacing the industry s growth at 11 per cent during nine months to December 2020 amidst the pandemic, Max Life Insurance hopes to post even better numbers at the close of 2020-21 on the back of strong distribution network and digital expansion, the company s top official said. Max Life outperformed the private sector life insurance industry as well as top-three private players in the first nine months of 2020-21, wherein top-10 private players de-grew by 5 per cent. At the end of nine months of this fiscal, we have grown at about 11 per cent. And, we hope that the number will get accelerated further. We are expected to grow higher than 11 per cent (by the end of March 2021), Max Life Managing Director and CEO Prashant Tripathy told in an interview with PTI.