By FMTeam Many of you may already be aware of the fact that Max Life Insurance is now known as Axis Max Life Insurance, but the thing to note here is that it is among the biggest and most reliable insurers in the healthcare niche. Though, despite that, not a lot of people truly know the backstory and current standing of this company, and that’s why we’re going over talking points like Max Life Insurance Net Worth, Owner, CEO, Head Office, and much more.
| Company name | Axis Max Life Insurance Limited (formerly Max Life Insurance Company Ltd.) |
| Establishment year | 2000 |
| Head Office | New Delhi, India |
| Owner/Founder | Joint venture between Max Financial Services and Axis Bank |
| CEO Name | Sumit Madan (MD & CEO) |
| Industry | Life insurance |
| Number of employees | 24,876 |
| Net worth | ₹6,124 crore |
| Total revenue in 2024 | N/A |
Company Profile
Just as a matter of fact, you should know that Axis Max Life came into existence in the year 2000. As per the information on its official site, it states that the company is a joint venture between Max Financial Services Limited (MFSL) and Axis Bank, which happened recently. In terms of ownership, MFSL is regarded as the majority shareholder since it owns approximately 81.83% of the company’s stake, according to the corporate data available. Head office? Oh, that’s currently down there in New Delhi.
Net Worth
There are just estimates about Max Life Insurance’s net worth out there, but the most reliable one suggests that it is somewhere around ₹6,124 crore as of 2026.
Future Outlook
Talking about how things are moving forward and what they’re planning, so, Axis Max Life is targeting growth through customer acquisition and also by making its brand stronger outside the main cities. To support this, the company rolled out changes to its Smart Term Plan Plus in January 2026, whereby students aged 18 and above, can now choose a life cover of up to ₹2 crore. Overall, yes, such a step is in line with the company’s overall growth strategy that is aimed at not only getting young customers but also growing their base in tier-2 and tier-3 cities.