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Max Life declares its highest-ever PAR Bonus of Rs. 1,826 Crore* for 21 lakh eligible policyholders

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PAR Bonus for FY24 is ~14%* higher than last fiscal

NEW DELHI, May 31, 2024 /PRNewswire/ — Max Life Insurance Company Ltd. (“Max Life” / “Company”) has announced its highest-ever participating (PAR) bonus of Rs. 1,826 Crore* for its eligible policyholders in FY23-24. This is the Company’s 22nd consecutive annual bonus, ~14% higher* than the bonus declared in the last fiscal.

The declared annual bonus will be added to the benefits of approximately 21 lakh eligible participating policyholders* over the next one year, starting July’24, aiding their long-term financial goals. With a focus on offering superior risk-adjusted returns, Max Life has consistently announced bonuses for its eligible policyholders over the past two decades, declaring a cumulative bonus of 13,712** Crore in the last 22 years.

Prashant Tripathy, CEO and Managing Director, Max Life said, “The highest-ever PAR Bonus declaration reflects Max Life’s focus on consistent value building for our customers through robust investments and exceptional fund management. This has been made possible by our highly competitive fund management capabilities, which allow us to reward our participating policyholders with continuously increasing bonuses on their investments. Our commitment to financial security ensures our customers reap the rewards of their trust in us, setting industry benchmarks year after year.”

Over the past year, Max Life has been at the forefront of driving product innovation and creating first-in-industry product propositions like Smart Wealth Advantage Growth PAR Plan (SWAG Par), that offers enhanced liquidity, protection, and retirement benefits to the customers. With this, the company has strengthened its participating propositions, resulting in Max Life’s participating fund reaching Rs. 67,722 Crore of assets under management (AUM)**, growing at a CAGR of ~22% in the last decade.

In FY24, Max Life’s Individual Adjusted First Year Premium grew by 16% to Rs. 6,961 Crore, leading to a private market share of 9.4%+, expanding by 61 bps over the last fiscal. The Company’s Gross Written Premium was Rs. 29,529 Crore in FY24, reflecting a 17% increase over the last fiscal**.

* Basis FY’24 post-audited financials
** includes regular and terminal bonus
+ Source: Exchange filed Max Financial Investor Release

About Max Life Insurance

Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of Max Group. Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multi-channel distribution including agency and third-party distribution partners. Max Life 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 FY2022-23, Max Life has achieved a gross written premium of INR 25,342 Crore.

For more information, please visit the Company’s website at www.maxlifeinsurance.com

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EPG Publishes Inaugural ESG Report, Establishing Baseline for Sustainable Global Expansion

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SINGAPORE, April 19, 2026 /PRNewswire/ — EPG today released its 2025 ESG Report, outlining its sustainability approach and performance across global operations as it scales internationally.

Environmental EPG achieved full compliance with applicable environmental regulations, with 100% of waste treated and disposed of. The company completed its inaugural greenhouse gas (GHG) inventory, encompassing Scope 1, Scope 2, and key Scope 3 categories, establishing the foundation for its emissions management strategy and long-term decarbonization roadmap.

Social Female represented 31% of total employees, and 85% of employees recruited locally in Malaysia hold managerial positions. EPG maintained a diversified supply chain, with approximately 47% of suppliers based outside of mainland China.

Governance As of the date of this press release, the EPG Board of Directors includes two female directors, representing 22% of board members. The Board convened two meetings with 100% attendance.

As EPG matures its ESG framework, the company is forming a dedicated ESG Committee to oversee this progress. ESG management systems will be embedded into existing and planned facilities, starting with its Malaysia manufacturing plant currently under construction. EPG will also extend these standards through its supply chain at its upcoming Shanghai partner conference.

“Scaling globally only means something if we scale responsibly,” said Alick Wan, EPG Founder and Chairman. “We see an opportunity to redefine what sustainable infrastructure looks like for the AI era — proving that high performing infrastructure can also carry light footprint. We believe modular is how the industry gets there.”

EPG is proud to have contributed to the book Greener Data, Volume III, launching on Earth Day 2026. The chapter shared EPG’s philosophy on how modular construction reduces on-site waste, lowers embodied carbon, and enables full lifecycle sustainability, making the case that responsible scaling and commercial ambition are not in conflict.

Following approximately $200 million in Series B and B+ financing, EPG will keep strengthening company-wide ESG governance and scale its modular approach across an expanding international footprint.

Read the full report: https://www.epg-module.com/list-27-1.html

Contact: communications@epg-module.com

About EPG

EPG is a Singapore-headquartered provider of modular and prefabricated data center infrastructure, powered by dual R&D centers in Singapore and Shanghai and advanced manufacturing hubs in Malaysia and China. With over 20 years of engineering expertise, EPG delivers innovative and sustainable solutions for hyperscale, cloud, and enterprise deployments across APAC, EMEA, and other global markets.

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SOURCE EPG Singapore Pte Ltd

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Simpli5 Announces Platform Expansion Designed to Close the Gap Between Self-Awareness and Team Action

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Behavioral intelligence leader addresses the knowing-doing problem that leaves most assessment investments unrealized

AUSTIN, Texas, April 19, 2026 /PRNewswire/ — Simpli5, the behavioral intelligence platform that powers team effectiveness at organizations including LinkedIn, Kaiser Permanente, and Notion, today announced a significant expansion of its platform aimed at solving one of the most persistent challenges in enterprise learning and development: the knowing-doing gap.

While behavioral assessments have proliferated across the Fortune 500, the vast majority of users never return to their insights after initial onboarding — leaving significant organizational investment unrealized. The upcoming Simpli5 release is engineered specifically to close that gap, translating one-time self-awareness into an ongoing team practice embedded in the flow of daily work.

“Self-awareness that lives in a report is just data. Self-awareness that lives in your daily relationships is transformation,” said Karen Wright Gordon, Founder and CEO of Simpli5. “We built this because we knew the highest-value moments in our platform were sitting unused for too many users. These features are about closing that gap without adding friction.”

The expansion introduces a suite of interconnected capabilities designed to keep behavioral insights present in the flow of daily work — accessible at the moments that matter most, and creating reinforcing loops that grow in value as organizational adoption scales.

Unlike point-in-time assessments, Simpli5 is engineered to compound in value over time. Each connection made, each insight applied, and each colleague activated increases the network intelligence available to every user on the platform. The upcoming release is designed to accelerate that compounding effect.

Full feature details and availability will be announced in the coming weeks.

About Simpli5

Simpli5 powered by 5 Dynamics is a behavioral intelligence platform built on the science of five natural work energy phases: Explore, Excite, Examine, Execute, and Evaluate. Unlike static assessment tools, Simpli5 is a living team intelligence platform that deepens in value as adoption scales across an organization. Its AI coaching product, SenSai, delivers personalized behavioral insights at the moment of need.

For more information, visit simpli5.com.

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SOURCE Simpli5

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SK hynix Begins Mass Production of 192GB SOCAMM2 ‘Setting a New Standard for AI Server Memory Performance’

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–     Mass production of 192GB high capacity products designed for the NVIDIA Vera Rubin platform
–     Maximizes power efficiency by featuring high density DRAM based on the latest 1cnm process
–     Company to closely collaborate with NVIDIA to solve bottlenecks in AI infrastructure and provide optimal performance

SEOUL, South Korea, April 19, 2026 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it has begun mass production of the 192GB SOCAMM2, a next-generation memory module standard based on the 1cnm process (sixth-generation of the 10-nanometer technology) LPDDR5X low-power DRAM.

SOCAMM2[1] is a module that adapts low-power memory – which was previously used mainly in mobile products like smartphones – for server environments. It is designed to be a primary memory solution for next-generation AI servers.

[1]SOCAMM2 (Small Outline Compression Attached Memory Module 2): An AI server–optimized memory module based on LPDDR. It offers a slim form factor and high scalability, while its compression connector enhances signal integrity and allows for easy module replacement

SK hynix emphasized that the 1cnm based SOCAMM2 product that is now in mass production delivers more than double the bandwidth with over 75% improved power efficiency compared to conventional RDIMM[2], providing an optimized solution for high performance AI operations.

[2]RDIMM (Registered Dual In-Line Memory Module): DRAM module for server/workstation that includes a register or buffer chip to relay address and command signals between the memory controller and DRAM chip in a memory module

In particular, the company noted that its SOCAMM2 products are designed for NVIDIA Vera Rubin platform.

SK hynix expects the new SOCAMM2 product will fundamentally resolve the memory bottlenecks encountered during the training and inference of large language model (LLM) with hundreds of billions of parameters, thereby playing a pivotal role in dramatically accelerating the processing speed of the overall system.

The company stated that with the AI market shifting focus from inference to training, SOCAMM2 is gaining significant attention as a next-generation memory solution capable of operating LLMs with low power consumption. To meet the demands of its global Cloud Service Provider (CSP) customers, SK hynix has not only been providing a supply portfolio, but also stabilized its mass production system early on.

“By supplying the 192GB SOCAMM2, SK hynix has established a new standard for AI memory performance,” Justin Kim, President & Head of AI Infra (CMO, Chief Marketing Officer) at SK hynix said. “We will solidify our position as the most trusted AI memory solution provider, through close collaboration with our global AI customers.”

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and flash memory chips (“NAND flash”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

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SOURCE SK hynix Inc.

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