Who owns Axis Max Life Insurance?
Axis Max Life Insurance is owned by Max Financial Services (India, NSE: MFSL).[1]
Max Financial Services owns 80.01% of Axis Max Life Insurance rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Max Financial Services Limited Annual Report 2025-26 (NSE filing), Max Financial Services Limited (NSE), 27 July 2026. Last checked .
Key facts
- Current owner
- Max Financial Services Limited (80.01% stake) reported
- Owner HQ
- 🇮🇳 India, Gurugram
- Origin
- 🇮🇳 India
- Founded
- 2000
- Category
- Finance & insurance › Insurance › Life & health insurance
- Parent ticker
- NSE: MFSL
- Last verified
- · 1 sources
About Axis Max Life Insurance
Axis Max Life Insurance Limited, formerly Max Life Insurance Company Limited, was incorporated on 11 July 2000. Max Financial Services' Annual Report 2025-26 says it held 80.01% from 1 June 2026 (80.98% at 31 March 2026), that Axis entities hold the remaining 19.99%, and that the company had 462 branch units on 31 March 2026.
Ownership timeline of Axis Max Life Insurance
- Current owner Max Financial Services (80.01%) [1] reported
Where Axis Max Life Insurance sits in Max Financial Services
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- Axis Max Life Insurance (80.01%)
Open the full Max Financial Services ownership tree →
Other brands in life & health insurance, and who owns them
The 33 brands in life & health insurance on Brandtree belong to 19 owners. The largest is Nippon Life, with 4.
| Brand | Owner | Owner based in |
|---|---|---|
| LIC | LIC of India | 🇮🇳 India |
| Hanasaku Life Insurance | Nippon Life | 🇯🇵 Japan |
| Meiji Yasuda | Meiji Yasuda | 🇯🇵 Japan |
| Assupol | Sanlam | 🇿🇦 South Africa |
| Elips Life | Swiss Re | 🇨🇭 Switzerland |
| American Income Life | Globe Life | 🇺🇸 United States |
| Singlife | Sumitomo Life | 🇯🇵 Japan |
| CNP Assurances | CNP Assurances | 🇫🇷 France |
About the owner: Max Financial Services
Max Financial Services is a publicly listed company headquartered in Gurugram, India, founded in 1988. Brandtree records 1 brand under its control, and it is listed as NSE: MFSL.
Max Financial Services Limited was incorporated on 24 February 1988, has its registered address in Sector 18, Gurugram, and is listed on NSE (symbol MFSL) and BSE (code 500271). Its Annual Report 2025-26 says it focuses on life insurance through Axis Max Life Insurance Limited, formerly Max Life Insurance Company Limited, and that its board approved a proposed amalgamation of MFSL into Axis Max Life, subject to approvals. The report also says Axis Bank and its entities hold 19.99% of Axis Max Life after a 1 June 2026 investment.
Max Financial Services: full profile, brands and acquisition history →
🇮🇳 Axis Max Life Insurance and other Indian brands
Brandtree records a controlling owner for 255 brands that began in India. 9 of them (4%) are now controlled by a company headquartered in another country; Axis Max Life Insurance is not one of them.
- Bajaj Finance — Bajaj Finserv 🇮🇳
- Digit Insurance — Go Digit 🇮🇳
- GIC Re — GIC Re 🇮🇳
- LIC — LIC of India 🇮🇳
- Nippon Life India Asset Management — Nippon Life 🇯🇵
- 8PM — Radico Khaitan 🇮🇳
Frequently asked questions
Who is the parent company of Axis Max Life Insurance?
The parent company of Axis Max Life Insurance is Max Financial Services, a publicly listed company headquartered in India.
Is Axis Max Life Insurance Indian?
Yes. Axis Max Life Insurance originated in India in 2000 and its owner, Max Financial Services, is also headquartered in India.
Is Axis Max Life Insurance still owned by Max Financial Services?
Yes. As of 11 October 2026, Axis Max Life Insurance is still owned by Max Financial Services (80.01% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Max Financial Services Limited Annual Report 2025-26 (NSE filing) — Max Financial Services Limited (NSE), Annual report, published 27 July 2026; retrieved 11 October 2026.
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