Tata AIA Life Insurance Company (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group (AIA). Tata AIA Life combines Tata's pre-eminent leadership position in India and AIA's presence as the largest, independent listed pan-Asia life insurance group in the world spanning 15 markets in Asia Pacific. Tata Sons holds a majority stake (74 percent) in the company and AIA holds 26 percent through an AIA Group company. Tata AIA Life was licensed to operate in India on February 12, 2001, and started operations on April 1, 2001.
Areas of business