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Axis Max Life Insurance join hands with Muthoot Microfin

by AIP Online Bureau | Feb 2, 2026 | Banking & Bancassurance, Briefs

Axis Max Life Insurance has entered into a strategic partnership with Muthoot Microfin Limited. The partnership aims to accelerate life insurance penetration in India’s underserved Tier 2 and Tier 3 markets, providing essential financial protection to millions of...
Max Financial Services Q2 profit plummets to Rs 6cr

Max Financial Services Q2 profit plummets to Rs 6cr

by AIP Online Bureau | Nov 11, 2025 | Indian News, Life

Axis Max Life reported New Business Margins of 23.3 per cent in H1 FY’26 up from 21.2 per cent during the same period last year. The Value of New Business (VNB), a measure of profitability experienced a YoY growth of 27 per cent outperforming the peers, aided by...
IFC invests Rs285 crore in long-term debts of Axis Max Life Insurance

IFC invests Rs285 crore in long-term debts of Axis Max Life Insurance

by AIP Online Bureau | Nov 10, 2025 | Indian News, Life

Allen Forlemu, Interim Regional Vice President, Asia Pacific, International Finance Corporation, said: “ Our partnership with Axis Max Life for our first investment in the life insurance space in India allows us to contribute to a more resilient future for all....
India Retirement Index Study: Balancing finance, health, and emotion

India Retirement Index Study: Balancing finance, health, and emotion

by AIP Online Bureau | Oct 29, 2025 | Articles, Eco/Invest/Demography, Health, Life, Pension & Social Security

Sumit Madan, MD and CEO, Axis Max Life said, “IRIS 5.0 signals a clear shift towards smarter and more holistic retirement planning. Today’s consumers are showing greater health consciousness, higher product awareness, and sustained financial confidence. As health...
Sumit Madan appointed as MD&CEO of Axis Max Life Insurance

Sumit Madan appointed as MD&CEO of Axis Max Life Insurance

by AIP Online Bureau | Jun 10, 2025 | Banking & Bancassurance, Indian News, Life

Sumit Madan, CDO and CEO designate, Axis Max Life Insurance Sumit had joined Axis Max Life in February 2024 and brings over 25 years of extensive experience in banking establishing and scaling businesses with strategic clarity, people-centric leadership and...
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