Bharti AXA Life Reports Robust Growth in FY26 with Strategic Expansion

Bharti AXA Life Insurance presented significant growth for FY26, reporting a 44% increase in New Business Premium, achieving a Value of New Business (VNB) turnaround, and expanding its bancassurance. The group's effective management and strategic partnerships facilitated its robust performance, with a strong solvency ratio and group business hyper-growth.

Bharti AXA Life Insurance showcased remarkable growth for the fiscal year ending March 31, 2026, driven by strategic distribution expansion and disciplined cost management, propelling a strong growth momentum. New Business Premium soared by approximately 44% year-on-year, significantly outpacing the industry average.

A pivotal development for the company was the positive Value of New Business (VNB) for FY26, achieved through disciplined execution and scaling operations. The company also enhanced its footprint by adding two new bancassurance partners, bringing the count to nine, and ventured robustly into the Group Term Life space, boosting group business growth.

CEO Parag Raja highlighted the significance of these achievements, positioning the company on a new growth trajectory labeled as the 'Bharti 2.0' journey. The company maintained a healthy solvency ratio, reflecting strong operational effectiveness as it prioritizes long-term value and innovation.