Tata AIA

Tata AIA Life Insurance Co. Ltd. (Tata AIA Life), one of India’s fastest-growing life insurers, has reported an Individual Weighted New Business Premium (IWNBP) of Rs 1,193-Crore for the third quarter of the financial year 2021-22, an increase of 44% compared to Rs 831-Crore garnered for the third quarter of 2020-21. For the nine-month period ending December 2021, the Company registered a growth of 32% with an IWNBP income of Rs 2,786-Crore, as compared to Rs 2,110-Crore for the same period of the previous financial year. The Total Premium Income for FY22 Q3 increased to Rs 3,652-Crore as compared to…

Tata AIA Life Insurance Co. Ltd. (Tata AIA Life) has announced its results for H1 FY22. The Insurer registered an IWNBP income of Rs. 1,593 crore in H1 FY22, a robust growth of 24.5% compared to Rs. 1,280 crore garnered in H1 FY21.For Q2 FY22, IWNBP growth was even better at 39% growth (Rs. 1,027 crore) over Q2 FY21 (Rs. 741 crore). The Company continues to maintain its focus and pre-eminence as a life insurance protection provider. For September 2021, it registered the highest Retail Sum Assured among private Life insurers in the country. Total premium income increased to Rs.…

Tata AIA Life Insurance (Tata AIA Life), has been adding 8 new branches across the state of West Bengal, to expand its distribution reach. Through this expansion, the Insurer will expand its reach significantly in over 8 important locations such as Ranaghat, Tollygunj, Siuri, Barhampore, Koch Bihar, Alpurduar, Diamond Harbour, and Maldah.The Insurer currently has over 218 branches across 25 states and 175 cities of the country, while having a strong presence in the agency, broking, bancassurance, assisted purchase and online space. The step is part of Tata AIA Life’s business growth strategy to expand its distribution as well as…