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| Company type | Joint venture |
|---|---|
| Tata AIA Life Insurance Company Ltd. | |
| Industry | Financial services |
| Founded | 1 April 2001; 23 years ago (2001-04-01) |
| Headquarters | Mumbai,India |
Key people | Venkatachalam Iyer (CEO) |
| Products | Term life insurance ULIP Pension plan |
| Revenue |  ₹25,692 crore (US$2.9 billion) (2024)[1] |
| ₹1,314 crore (US$150 million) (2024) | |
| Parent | |
| Website | tataaia |
Tata AIA Life Insurance Company Limited is an Indianjoint venturelife insurance company, formed byTata Sons andAIA Group (AIA). It 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 theAsia–Pacific region. Tata Group holds a 51 percent stake in the insurance venture while the remaining 49 percent is held by AIA Group.
Tata AIA Life Insurance was licensed on February 12, 2001, and started its operations inIndia on April 1, 2001.[2] It offers a range of general insurance products such asterm life insurance,ULIP,pension plan,casualty insurance, and the like. The company's products are available through distribution channels likeagents,brokers,banks (through bank assurance tie-ups), and direct channels liketelemarketing,digital marketing, etc.
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