Tata AIA Life

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"Tata AIA" redirects here; not to be confused with Tata AIG.

Tata AIA
Company typeJoint venture
Tata AIA Life Insurance Company Ltd.
IndustryFinancial services
Founded1 April 2001; 24 years ago (2001-04-01)
HeadquartersMumbai, India
Key people
Venkatachalam Iyer (CEO)
ProductsTerm life insurance
ULIP
Pension plan
RevenueIncrease₹25,692 crore (US$3.0 billion) (2024) [1]
Increase₹1,314 crore (US$160 million) (2024)
Parent
Websitetataaia.com

Tata AIA Life Insurance Company Limited is an Indian life insurance company and a joint venture between Tata Sons and the AIA Group.[2][3] Currently operating across 18 markets in the Asia–Pacific region. Tata Sons holds a 51% stake in the venture, while the remaining 49% is owned by the AIA Group.[4][5][6]

History

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Tata AIA Life Insurance Company Limited was licensed on 12 February 2001 and commenced operations in India on 1 April 2001.[7] The company offers life insurance products, including term insurance, unit-linked insurance plans (ULIPs), pension plans, and other related products. Its offerings are distributed through multiple channels such as agents, brokers, and bancassurance partnerships, as well as direct channels including telemarketing and digital platforms.[8][9][10][11]

References

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  1. ^ "Tata Group financial services business make hefty profits".
  2. ^ The TOI Business Desk is a vigilant (3 September 2024). "Tata AIA launches US dollar denominated life insurance for Non-Resident Indians". The Times of India. Retrieved 7 October 2025. {{cite web}}: |author= has generic name (help)
  3. ^ "Latest News, Headlines, Insight, Commentary & Analysis". Insurance Asia. Retrieved 7 October 2025.
  4. ^ Standard, Business (7 December 2015). "AIA Group to up stake in Indian life insurance JV with Tata". Business News, Finance News, India News, Stock Markets BSE/NSE News, SENSEX, NIFTY, Personal Finance News. Retrieved 7 October 2025. {{cite web}}: |first= has generic name (help)
  5. ^ "Tata AIA launches Shubh Maha Life with flexible retirement cover". Insurance Asia. 10 September 2025. Retrieved 7 October 2025.
  6. ^ The Hindu Bureau (21 May 2025). "Tata AIA Life Insurance declares ₹1,842-cr. bonus for FY25". The Hindu. Retrieved 7 October 2025.
  7. ^ "AIA increase stake in Tata AIA Life Insurance Company Limited to 49 percent". AIA Group Ltd. 25 April 2016. Retrieved 29 May 2024.
  8. ^ www.ETCIO.com. "How this short video platform is leveraging AI/ML & Blockchain for a better customer experience". ETCIO.com. Retrieved 4 August 2025.
  9. ^ Bureau, BL Mumbai (5 August 2025). "Tata AIA launches women-focused term insurance plan 'Shubh Shakti'". BusinessLine. Retrieved 7 October 2025. {{cite web}}: |last= has generic name (help)
  10. ^ "Tata AIA Life Insurance launches Momentum 50 Index Fund". CNBCTV18. 19 August 2025. Retrieved 7 October 2025.
  11. ^ Bureau, BL Mumbai (8 September 2025). "Tata AIA unveils Subha Maha life savings plan with retirement income focus". BusinessLine. Retrieved 7 October 2025. {{cite web}}: |last= has generic name (help)
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