Latest news with #722
Business Standard
a day ago
- Business
- Business Standard
Axis Max Life Declares Rs2,135 Cr. Participating Bonus for FY25; Reaffirms Commitment to Long-Term Value Creation
VMPL New Delhi [India], June 9: Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd ("Axis Max Life"/ "Company"), has announced a Participating (PAR) bonus of Rs2,135 Crore for eligible policyholders for FY24-25. This marks the Company's 23rd consecutive annual bonus and takes the cumulative bonus declared over the past 23 years to Rs15,847 Crore*. The declared bonus will enhance the corpus of more than 21 lakh eligible PAR policyholders, beginning July 2025. Axis Max Life continues to drive long-term value through a disciplined investment strategy and prudent fund management--reflected in the PAR Fund** growing from Rs67,722 Cr. in FY24 to Rs74,119 Cr. in FY25, a CAGR of ~19% over the past decade. Prashant Tripathy, CEO and Managing Director, Axis Max Life, said, "This year's bonus declaration reflects our steady commitment to delivering sustained value for policyholders through prudent and disciplined fund management. In a volatile macro environment, our PAR Fund has continued to demonstrate resilience driven by strong asset quality and consistent performance. With enhanced bonus options and built-in liquidity, we're enabling customers to navigate their evolving financial priorities with confidence and flexibility." Axis Max Life operates one of the largest PAR Fund among Indian private life insurers and remains one of the few companies offering customers the flexibility to choose from multiple bonus options--Cash Bonus, Accumulated Bonus, Paid-Up Additions (PUA), and Premium Offset--along with liquidity through partial withdrawals of bonuses without affecting the Basic Sum Assured. The Axis Max Life PAR Fund has delivered consistent debt returns in the 7.4%-8.4% range over the last five years, backed by the steady performance of its debt assets. Axis Max Life continues to strengthen its PAR product portfolio through innovative offerings like the Smart Wealth Income Plan, Smart Wealth Advantage Growth Par Plan, Whole Life Super, Monthly Income Advantage Plan, and Savings Advantage Plan combining liquidity, protection, and retirement benefits--expanding its reach across customer segments seeking both growth and stability. About Axis Max Life Insurance Limited ( Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture between Max Financial Services Limited ("MFSL") and Axis Bank Limited. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per annual audited financials for FY2024-25, Axis Max Life has achieved a gross written premium of INR 33,223 Cr.
NBC News
23-05-2025
- Sport
- NBC News
Braves star Ronald Acuña Jr. to return after nearly a year from knee injury
WASHINGTON — Ronald Acuña Jr. is ready to make his season debut for the Atlanta Braves on Friday night. The Braves announced after Thursday night's loss to Washington that Acuña will return from a left knee injury that has sidelined him for nearly a year when Atlanta opens a three-game series at home against San Diego. The 2023 NL MVP tore the ACL in his left knee last May 26 and had surgery on June 6. Acuña played six games in the minors on a rehab assignment, going 6 for 15 with two home runs. Acuña played in only 49 games last season, batting .250 with four homers, 15 RBIs, 16 stolen bases and a .716 OPS. He was a unanimous winner of the NL MVP award in 2023 when he hit .336 with 41 home runs, 106 RBIs and a league-leading 1.012 OPS. Acuña also stole 73 bases that year to become the only player with 40 homers and 70 steals in one season. A four-time All-Star, the 27-year-old Acuña has 165 homers and 195 stolen bases in 722 career games.
Yahoo
23-05-2025
- Sport
- Yahoo
Braves star Acuña to return Friday from left knee injury
WASHINGTON — Ronald Acuña Jr. is ready to make his season debut for the Atlanta Braves on Friday night. The Braves announced after Thursday night's loss to Washington that Acuña will return from a left knee injury that has sidelined him for nearly a year when Atlanta opens a three-game series at home against San Diego. Advertisement The 2023 NL MVP tore the ACL in his left knee last May 26 and had surgery on June 6. Acuña played six games in the minors on a rehab assignment, going 6 for 15 with two home runs. Acuña played in only 49 games last season, batting .250 with four homers, 15 RBIs, 16 stolen bases and a .716 OPS. He was a unanimous winner of the NL MVP award in 2023 when he hit .336 with 41 home runs, 106 RBIs and a league-leading 1.012 OPS. Acuña also stole 73 bases that year to become the only player with 40 homers and 70 steals in one season. A four-time All-Star, the 27-year-old Acuña has 165 homers and 195 stolen bases in 722 career games.
Fox Sports
23-05-2025
- Sport
- Fox Sports
Braves star Ronald Acuña Jr. to return Friday from left knee injury
Associated Press WASHINGTON (AP) — Ronald Acuña Jr. is ready to make his season debut for the Atlanta Braves on Friday night. The Braves announced after Thursday night's loss to Washington that Acuña will return from a left knee injury that has sidelined him for nearly a year when Atlanta opens a three-game series at home against San Diego. The 2023 NL MVP tore the ACL in his left knee last May 26 and had surgery on June 6. Acuña played six games in the minors on a rehab assignment, going 6 for 15 with two home runs. Acuña played in only 49 games last season, batting .250 with four homers, 15 RBIs, 16 stolen bases and a .716 OPS. He was a unanimous winner of the NL MVP award in 2023 when he hit .336 with 41 home runs, 106 RBIs and a league-leading 1.012 OPS. Acuña also stole 73 bases that year to become the only player with 40 homers and 70 steals in one season. A four-time All-Star, the 27-year-old Acuña has 165 homers and 195 stolen bases in 722 career games. ___ AP MLB: recommended in this topic
NBC Sports
23-05-2025
- Sport
- NBC Sports
Braves star Acuña to return Friday from left knee injury
WASHINGTON — Ronald Acuña Jr. is ready to make his season debut for the Atlanta Braves on Friday night. The Braves announced after Thursday night's loss to Washington that Acuña will return from a left knee injury that has sidelined him for nearly a year when Atlanta opens a three-game series at home against San Diego. The 2023 NL MVP tore the ACL in his left knee last May 26 and had surgery on June 6. Acuña played six games in the minors on a rehab assignment, going 6 for 15 with two home runs. Acuña played in only 49 games last season, batting .250 with four homers, 15 RBIs, 16 stolen bases and a .716 OPS. He was a unanimous winner of the NL MVP award in 2023 when he hit .336 with 41 home runs, 106 RBIs and a league-leading 1.012 OPS. Acuña also stole 73 bases that year to become the only player with 40 homers and 70 steals in one season. A four-time All-Star, the 27-year-old Acuña has 165 homers and 195 stolen bases in 722 career games.
