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Tata AIA Life Insurance is a joint venture between Tata Sons and AIA Group, combining Tata's leadership in India and AIA's presence in Asia; it had written new retail business of Rs. 2,692 crore in 2019-20 and has high persistency and claims settlement ratios.

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Avinaw Kumar
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7 views1 page

My

Tata AIA Life Insurance is a joint venture between Tata Sons and AIA Group, combining Tata's leadership in India and AIA's presence in Asia; it had written new retail business of Rs. 2,692 crore in 2019-20 and has high persistency and claims settlement ratios.

Uploaded by

Avinaw Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company,

formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines
Tata’s pre-eminent leadership position in India and AIA’s presence as the largest,
independent listed pan-Asian life insurance group in the world spanning 18 markets
in the Asia Pacific region. Tata AIA Life has written retail new business weighted
premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the
13th month persistency of the company was at 89.10% and, the individual death
claims settlement ratio was 99.06%. One of the fastest growing companies in the
Life Insurance sector, Tata AIA Life is now ranked

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