Milestone Announcement
Axis Max Life Insurance Ltd, formerly Max Life Insurance Company Ltd, announced that its assets under management (AUM) crossed the ₹2 lakh crore mark as on 30 June 2026, reflecting a 10.5% year‑on‑year growth rate. The company attributes this expansion to its disciplined investment philosophy, customer‑first approach, diversified distribution network, product innovation, and a technology‑led operating model.
The AUM portfolio is diversified across government securities, corporate bonds, equities, commercial real‑estate, alternate investment funds (AIFs), infrastructure investment trusts (InvITs) and real‑estate investment trusts (REITs), with ESG considerations embedded in the investment framework.
Chief Investments Officer Sachin Bajaj stated that crossing ₹2 lakh crore demonstrates the trust of millions of customers and highlights the strength of the company’s investment performance, risk management and long‑term philosophy.
Financial Highlights FY26
- Individual Adjusted First Year Premium grew 19% year‑on‑year to ₹9,885 crore, raising the private market share to 10.4%.
- The insurer achieved its highest ever Individual Death Claims Paid Ratio of 99.8%, settling 20,529 individual death claims valued at ₹1,641 crore.
- As per audited financials for FY2025‑26, gross written premium amounted to INR 38,877 crore.
Shareholder Structure
Axis Max Life Insurance Ltd is a subsidiary of Max Financial Services Limited. Axis Bank Limited and its affiliates also hold shareholdings in the company.
Regulatory and Miscellaneous Details
- The company is registered with the Insurance Regulatory and Development Authority of India (IRDAI) under Registration No. 104, Company Identification Number U74899HR2000PLC143012.
- The press release is issued under an arrangement with NRDPL; PTI disclaims editorial responsibility.