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Max Life Insurance started as a joint venture between Max Financial Services and Mitsui Sumitomo Insurance Group. The former owned 68% of the company while the latter owned 26%. [ 3 ] After forming the joint venture partnership with Mitsui Sumitomo, Max Life changed its name from Max New York Life in 2012.
The Guardian Life Insurance Company of America is one of the largest mutual life insurance companies in the world. Based in Manhattan , it has approximately 8,000 employees in the United States, and a network of over 3,000 financial representatives in more than 70 agencies nationwide.
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]
Downtown Durham view showing the North Carolina Mutual Life Insurance Company Headquarters. In 1965 the N.C. Mutual Life Insurance building became the tallest office building owned by African Americans in the United States. In 2006 the N.C. Mutual Life Insurance Co. building sold to a developer for only $11.4 million.
The Kotak Mahindra Group was founded in 1985 as a provider of financial services. [8] [9] In February 2003, Kotak Mahindra Finance Ltd (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI) to conduct banking operations in the country and was renamed as Kotak Mahindra Bank, the parent company of Kotak Life Insurance. [10]
The Wawanesa Life Insurance Company, or Wawanesa Life, is the life insurance arm of Wawanesa Insurance. [1] [3] [6] It is licensed in all provinces of Canada, as well as in the Northwest Territories. [13] The company was introduced in 1961 as the Wawanesa Mutual Life Insurance Company, a mutual company.
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