Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company formed by Tata Sons Limited and AIA Group Limited (AIA). Tata AIA Life combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independently listed Pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written a retail new business weighted premium of INR 1,397 crore for the financial year 2017-18. For the same period, the 13th-month persistency of the company was at 81.2% and the retail claims settlement ratio was 98%.
Read More