Max Life Insurance, a joint venture (JV) between Max Financial Services and Mitsui Sumitomo Insurance, is expecting double-digit growth of over 10 per cent in the current fiscal amid a gradual pick-up in business. The company has registered a 9 per cent growth rate versus a contraction of 8 per cent in the same period a year ago. For the first half, the market share was 11 per cent which is the highest in the last 10 years.
Max Financial Services is a part of the Max group, an Indian multi business corporation.