https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Axis_Max_Life_InsuranceAxis Max Life Insurance - Revision history2026-08-03T21:06:24ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Axis_Max_Life_Insurance&diff=488496&oldid=prevElmoPedder14: Adding New Details2026-04-13T13:09:23Z<p>Adding New Details</p>
<p><b>New page</b></p><div>{{short description|Indian life insurance company}}<br />
{{Use dmy dates|date=September 2020}}<br />
{{Infobox company<br />
| name = Axis Max Life Insurance<br />
| logo = Max Life Insurance.svg<br />
| founded = {{start date and age|df=y|2001}}<br />
| type = [[Joint venture]]<br />
| hq_location_city = [[New Delhi]], India<br />
| key_people = Mr Sumit Madan (Managing Director & Chief Executive Officer) , Mr Amrit Singh (Director and Chief Financial Officer) , Mr Anurag Chauhan (General Counsel and Company Secretary)<br />
| industry = [[Financial services]]<br />
| products = {{ubl|[[Life insurance]] |[[Term life insurance]] |[[Unit-linked insurance plan]] |[[Endowment policy]] |Money-back policy |[[Whole life insurance]] | [[Retirement plans]] }}<br />
| owner = {{ubl|[[Max Group|Max Financial Services]] (80%)|[[Axis Bank]] (20%)<ref>{{cite news |title=Overview of Max Life |url=https://www.maxfinancialservices.com/wp-content/uploads/2022/06/INVESTORPRESENTATIONMAXFINANCIAL.pdf |access-date=20 January 2023 |work=Max Financial Services}}</ref>}}<br />
| website = {{URL|https://www.axismaxlife.com/}}<br />
| footnotes = <ref>{{cite web |title=A STUDY ON INSURANCE MARKETING AND AXIS MAX LIFE INSURANCE PLAN IN THANJAVAUR DISTRICT |url=https://iaraindia.com/wp-content/uploads/2025/07/7-A-STUDY-ON-INSURANCE-MARKETING-AND-AXIS-MAX-LIFE-INSURANCE-PLAN-IN-THANJAVAUR-DISTRICT-P-JAMBULINGAM-C-THIRUCHELVAM.pdf |website=Iaraindia.com}}</ref><ref>{{cite web |title=Analysis of Life Insurance Industry in India |url=https://www.canarahsbclife.com/content/dam/chli/pdfs/investor-relations/industry-report.pdf |website=.canarahsbclife.com}}</ref><br />
}}<br />
'''Axis Max Life Insurance Limited''' (formerly known as '''Max New York Life Insurance Company Limited''' and '''Max Life Insurance Company Limited''') is an Indian [[life insurance]] company headquartered at [[New Delhi]], and the largest non-bank private-sector life insurer in India. It is an 80:20 [[joint venture]] between [[Max Group|Max Financial Services]] and [[Axis Bank]]. The company is a subsidiary of the publicly listed [[Max Financial Services]]. It was founded in 2000 after the liberalization of the [[Insurance in India|insurance sector in India]] and its operations began in 2001.<br />
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== History ==<br />
Max Life Insurance started as a joint venture between Max Financial Services and [[Mitsui Sumitomo Insurance Group]]. The former owned 68% of the company while the latter owned 26%.<ref>{{Cite web|url=http://archive.indianexpress.com/news/mitsui-buys-max-life-stake--rs-2731-cr/967400/|title=Mitsui buys Max Life stake @Rs 2,731 cr - Indian Express|website=archive.indianexpress.com|language=en-gb|access-date=29 March 2017}}</ref> After forming the joint venture partnership with Mitsui Sumitomo, Max Life changed its name from Max New York Life in 2012. In February 2016, [[Axis Bank]] held a 6% share in Max Life.<ref>{{Cite news|url=http://www.business-standard.com/article/finance/axis-bank-hikes-stake-in-max-life-to-5-99-116022901219_1.html|title=Axis Bank hikes stake in Max Life to 5.99%|last=Reporter|first=B. S.|date=29 February 2016|work=Business Standard India|access-date=29 March 2017}}</ref> On 13 December 2024, Max Life Insurance rebranded itself to Axis Max Life Insurance.<ref>{{Cite web |date=2024-12-13 |title=Max Life Insurance Rebrands to Axis Max Life Insurance |url=https://www.maxlifeinsurance.com/static-page/assets/homepage/Website%20Filing-%20Press%20release-%20Max%20Life%20Insurance%20Rebrands%20to%20Axis%20Max%20Life%20Insurance%20Championing%20the%20spirit%20of%20Double%20Bharosa.pdf |access-date=2024-12-28 |website=Axis Max Life Insurance}}</ref><br />
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==References==<br />
{{reflist}}<br />
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== External links ==<br />
*{{Official website|https://www.axismaxlife.com/}}<br />
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{{Max Group}}<br />
{{Insurance in India}}<br />
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[[Category:Financial services companies established in 2000]]<br />
[[Category:Life insurance companies of India]]<br />
[[Category:Max Group]]<br />
[[Category:Indian companies established in 2000]]<br />
[[Category:Companies based in Delhi]]<br />
[[Category:2000 establishments in Delhi]]</div>ElmoPedder14