September 29, 2016 4:31 AM ET

Insurance

Company Overview of Max Life Insurance Company Limited

Company Overview

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, annuity, and health benefits. Its products include individual and group life insurance products, such as protection, child, retirement, growth, savings, and group plans. Max Life Insurance Company Limited distributes its products through individual agents, corporate agents, banks, brokers, and other channels. 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 founded in 2000 and is hea...

Max House

3rd Floor

1 Dr. Jha Marg

Okhla

New Delhi,  110020

India

Founded in 2000

8,398 Employees

Key Executives for Max Life Insurance Company Limited

Executive Vice Chairman, Managing Director and Member of Risk Management Committee
Age: 46
Chief Financial Officer and Senior Director
Age: 45
Chief Operations Officer and Senior Director
Age: 46
Chief Executive of Max India Foundation
Chief Investment Officer and Director
Age: 39
Compensation as of Fiscal Year 2016.

Max Life Insurance Company Limited Key Developments

HDFC ERGO Reportedly In Talks With Max Life

HDFC ERGO General Insurance Company Limited is planning a potential merger with Max Life Insurance Company Limited. According to the news report, HDFC ERGO is in talks to buy Max Life.

Max Financial Services To Reconsider Deal Between Max Life Insurance And HDFC Life Insurance

Max Financial Services Limited (BSE:500271) in its board meeting for the purpose of announcing Q1 June 2016 results, will also consider the proposed scheme of arrangement amongst the company, Max Life Insurance Company Limited (MLIC) and HDFC Standard Life Insurance Co., Ltd. (HDFC Life) and consequently, including Max India Limited (formerly Taurus Ventures) as a party to such scheme for certain commercial reasons.

Max Life Insurance Company Limited Announces Earnings Results for the Period Ended March 31, 2016

Max Life Insurance Company Limited announced earnings results for the period ended March 31, 2016. For the period, the company reported revenue of INR 92,160 million and PAT of INR 4,390 million.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 8, 2016
--
Merger/Acquisition
August 8, 2016
Max Life Insurance Company Limited, Life Insurance Business
Merger/Acquisition
October 23, 2015
--
 

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