Company Overview of Max Life Insurance Company Limited
Max Life Insurance Company Limited provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits. The company provides individual and group life insurance products consisting of protection, child, retirement, growth, savings, health, and group plans Max Life Insurance Company Limited distributes its products primarily through individual agents, corporate agents, banks, and brokers. The company was formerly known as Max New York Life Insurance Company Limited and changed its name to Max Life Insurance Company Limited in July 2012. The company was incorporated in 2000 and is b...
1 Dr. Jha Marg
New Delhi, 110020
Founded in 2000
Key Executives for Max Life Insurance Company Limited
Chief Executive Officer, Managing Director, Director and Member of Risk Management Committee
Chief Financial Officer and Senior Director
Chief Operations Officer and Senior Director
Managing Director of Max India Limited, Non Executive Director and Member of Stakeholders Relationship Committee
Chief Executive Officer of Max Healthcare Institute Limited
Compensation as of Fiscal Year 2014.
Max Life Insurance Company Limited Key Developments
Max Life Seeks Acquisitions
Dec 22 14
Max Life Insurance Company Limited is seeking acquisitions. Max Life would look at acquisitions and discover ways of finding value for Max Life shareholders too.
Max Life Insurance Introduces Guaranteed Income Plan
Nov 18 14
Max Life Insurance has announced the launch of Max Life Guaranteed Income Plan. The plan provides 100% guaranteed regular income. The monthly income payable in the first five years is doubled in the next five years and the income pay-out is complemented by a one-time guaranteed Terminal Benefit payable at the end of the Pay-out Period. GIP also offers a choice of pay-out options on death, where the nominee can choose to receive either a lump sum death benefit or income for 10 years post death.
Max Life Insurance Company Limited Announces Revenue Results for the Second Quarter Ended September 30, 2014
Nov 12 14
Max Life Insurance Company Limited announced revenue results for the second quarter ended September 30, 2014. For the quarter, the company reported gross premium (GWP) grew 15% to INR 19,370 million and assets under management was up 29% to INR 280,380. Individual new business premium reported a growth of 5%, to INR 4,360 million compared with the for the same period a year ago.
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