TATA AIG LIFE INSURANCE COMPANY LIMITED
INSURANCE COMPANIES OF INDIA – TATA AIG LIFE INSURANCE COMPANY LIMITED
Tata AIG Life Insurance Company Limited (Tata AIG Life) is amongst the Top 10 Indian Insurance Companies, also a joint venture company. It is formed by the Tata Group and American International Group(AIG). The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent. Tata AIG Life provides insurance solutions to individuals and corporates.
Tata AIG Life Insurance Company was licensed to operate in India on 12 Feb, 2001 and started operations on 1 April, 2001. AIG Company is the minority partner with the Tata Group. It has two insurance companies in India, holding 26 percent each in Tata AIG Life Insurance Co. Ltd. and Tata AIG General Insurance Co. Ltd. AIG(Lincoln) was established in 1997 as a strategic partnership between AIG Global Real Estate Investment Corporation, New York and Lincoln Property Company.
American International Group Company operates in about over 130 countries. The AIG Company’s business consists of four core areas – General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management also.