Max Life profit rises 14 %

Max Life Insurance posted 14 per cent rise in post-tax shareholder profit at ₹242 crore for the six-month period ended September, against ₹212 crore during the same period of the previous fiscal, the company said. The company recorded 15 per cent growth in new business premium at ₹1,039 crore during the period and declared a net interim shareholder dividend of ₹150 crore.