Max Life Insurance, the largest* non-bank private life insurer, is a joint venture between Max India Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max India is a leading Indian multi-business corporate, while Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group, which is currently amongst the top 10 general insurers in the world. Max Life Insurance offers comprehensive life insurance and retirement solutions for long-term savings and protection. A financially stable company with sound investment expertise, Max Life Insurance has a strong customer-centric approach focused on advice based sales and quality service. In the financial year 2011-12 Max Life Insurance ranked fourth among private life insurers with a market share of 8.6%.
The Company has been one of the fastest growing life insurance companies with total revenue of Rs.6,391 crore and enterprise profit of Rs.733 crore for the Financial Year 2011-12. The Company’s share capital of Rs. 2,127 crore with a solvency margin of 534% is indicative of its financial strength and stability. As on 31st March 2012, Max Life Insurance had assets under management of Rs.17,215 crore.
To be the most admired life insurance company by securing the financial future of our customers
Caring :Listens with respect and values differences – Acts with compassion
Credibility : Demonstrates knowledge and creates trust in others
Collaborative : Works together to achieve results
Excellence : Pursues highest quality