Max Life Insurance sets up business in Dubai

Max Life Insurance, an Indian life insurance company, has opened its first representative office in Dubai, United Arab Emirates.

This move is part of the insurer's expansion strategy in the Gulf Cooperation Council (GCC) region.

Emirati customers will now be able to underwrite life products through the new structure.

For the record, Max Life Insurance has ended the 2022 financial year with a turnover of 224.142 billion INR (2.9 billion USD), thus claiming fifth place in the Indian life insurance companies ranking.