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Max Life Insurance Company

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About Max Life Insurance Company

Max Life Insurance Company is a joint venture between Max India Limited (74%) and Mitsui Sumitomo Insurance Company Limited (26%). The company started its operations in the April 2001. Mitsui Sumitomo Insurance Company bought out of the stake of New York Life Insurance Company in mid 2012. Subsequently the company was renamed from Max New York Life Insurance Company to Max Life Insurance Company.

Max India Limited, a multi-business Public Limited company has established businesses that are today recognized as being at the fore front of service excellence, in each of the industry sectors where it operates. In the India, the group is best known through Max healthcare and its chain of hospitals. Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group which is currently among the top 10 general insurers in the world and ranked number one in Japan.

Max Life Insurance offers comprehensive life insurance and retirement solutions for long-term savings and protection both traditional and unit linked insurance plans. It has a country-wide diversified distribution model including the country's leading agent advisors, exclusive arrangement with Axis Bank and several other partners. Max Life Insurance is a quality business focused on delivering excellence to customers through advice based sale process, customer centric approach to business, financial stability & investment expertise and strong human capital.


Prashant Tripathy is the Managing Director and CEO of Max Life Insurance Company.

Contact Details

Corporate Office
Max Life Insurance Co. Ltd.,
3rd, 11th and 12th Floor,
DLF Square Building,
Jacaranda Marg, DLF City Phase II,
Gurgaon (Haryana) – 122002

1800 200 5577
1800 180 5577
'Life' to 54242 Branch Locator

Claims ratio of Max Life Insurance Company

Year 2011-122012-132013-142014-152015-162016-172017-182018-192019-20
Claims ratio 89.8494.2593.8696.0396.9597.8198.2698.74Yet to be published

Market share of Max Life Insurance Company

Year 2011-122012-132013-142014-152015-162016-172017-182018-192019-20
Market share to be published

News on Max Life Insurance Company

IRDA disallows the proposed HDFC Life and Max Life Insurance merger

The proposed merger of HDFC Standard Life Insurance Co. Ltd (HDFC Life) and Max Life Insurance Co. Ltd, has come to a standstill post d...

Jun 08, 2017 425 views

Max Life Insurance launches Online Term Plan Plus

Max Life Insurance, which is one of India’s leading life insurance company, today launched their new online term plan called Max ...

Jul 23, 2016 1,303 views

IRDAI to decide the fate of proposed HDFC-Max Life Insurance merger

Last year in August, HDFC Life and Max Life Insurance had announced a proposed two-way merger to create an insurance giant with Rs 1.1 ...

May 25, 2017 189 views

Axis Bank buys 4.99% stake in Max India Life Insurance

Axis Bank bought 4.99% stake in Max Life Insurance Ltd, a joint venture between Mitsui Sumitomo, Axis and Max Financial Services, for R...

Mar 03, 2016 852 views

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