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Tata
AIG Life Insurance Company Limited (Tata
AIG Life) is a joint venture company,
formed by the Tata Group and American
International Group, Inc. (AIG). Tata
AIG Life combines the Tata Group's pre-eminent
leadership position in India and AIG's
global presence as the world's leading
international insurance and financial
services organization.
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 February 12, 2001 and started operations
on April 1, 2001.
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