Tata AIA Life Insurance | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Tata AIA Life Insurance Company Limited is a prominent life insurance provider in India, established as a joint venture between Tata Sons Pvt.
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Tata AIA Life Insurance Company Limited is a prominent life insurance provider in India, established as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. The company began operations in 2001 and has grown to be one of the top private insurers in the country, especially recognized for its Individual Weighted New Business Premium (IWNBP). In FY24, the company reported a total premium income of INR 25,692 crore, reflecting a 25% increase from the prior year, and achieved a 99.13% individual death claims settlement ratio.
Offering a wide range of products such as term insurance, unit-linked insurance plans, pension and retirement plans, and health insurance, the company serves over 42 million individual policyholders and 18 million group scheme members throughout India. Utilizing agents, brokers, and digital platforms, Tata AIA maintains a strong focus on customer service, community improvement, and persistency performance, and has been recognized as a leading employer in the sector.
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