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Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG). [3] Tata Group holds a 51 percent stake in the insurance venture with AIG holding the balance of 49 percent. Tata AIG General Insurance Company, which started its operations in ...
On 21 December 2012, AIG sold all of its 13.69% shareholding in AIA. [11] Since 2 June 2013, AIA has had an exclusive bancassurance agreement with Citibank that encompasses 11 AIA markets in Asia-Pacific, namely Hong Kong, mainland China, South Korea, Singapore, Thailand, Malaysia, Indonesia, the Philippines, Vietnam, Australia, and India. [12]
Tata AIA Life Insurance Company Limited is an Indian joint venture life insurance company, formed by Tata Sons and AIA 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 the Asia–Pacific region.
AIG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. [3] In retail auto and L&H space, AIG owns American Home and Fuji Fire and Marine Insurance company. [4] Since Jan 2018 AIU and FFM business units merged in AIG Sonpo.
Tata Consulting Engineers Ltd; Tata Housing Development Company – real estate development company Tata Value Homes Limited – operating in value and affordable segments; Tata Realty & Infrastructure; Tata Industries – business incubator for Tata Group ventures Flisom – thin-film solar cell manufacturer; Inzpera Healthsciences; Tata iQ ...
Air India Limited is an Indian aviation holding company notably consisting of Air India and Air India Express headquartered in Gurugram, India. Its ownership is divided between Tata Group (74.9%) and Singapore Airlines (25.1%).
Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai.It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$630 billion) as of March 2024. [4]
New India Assurance Building, Mumbai, Maharashtra. The New India Assurance Co. Ltd. (NIACL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance.