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It is an 80:20 joint venture between Max Financial Services and Axis Bank. The company is a subsidiary of the publicly-listed Max Financial Services. It was founded in 2000 after the liberalization of the insurance sector in India and its operations began in 2001. Max Life Insurance is a part of Max Group.
Financials as of 31 March 2024. [update] [3] Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹52.52 trillion (US$630 billion) as of ...
Max Telecom was later sold to Vodafone and became Vodafone India. [7] The group shifted its focus from being a B2B to B2C company in 2000, by foraying into the fields of healthcare and life insurance. [8] Max Life Insurance was founded in 2000, followed by Max Healthcare in 2001, and Max Bupa in 2008.
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New York Life Insurance Company (NYLIC) is the third-largest life insurance company [4] and the largest mutual life insurance company in the United States, [5] and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue. [6] In 2023, NYLIC achieved the best possible ratings by the four independent rating ...
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