July 29, 2016 7:01 PM 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

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.

HDFC Standard Life Proposed To Merge Max Life and Max Financial With Itself

Union Cabinet approved the merger of HDFC Standard Life Insurance Co., Ltd. with Max Financial Services Limited (BSE:500271) and Max Life Insurance Company Limited. The IPO plan of HDFC Life has been temporarily put on hold until the due diligence of this deal is done to ascertain whether it will go through or not. said by Chairman Deepak Parekh.

Max Financial And Max Life Insurance May Get Merged In To HDFC

Max Financial Services Limited (BSE:500271) approved the merger of Max Life Insurance Company Limited and Max Financial Services into HDFC Standard Life Insurance Co., Ltd.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 23, 2015
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