Tata Aia

Tata AIA Insurance asked to refund Rs 2.47L: Case overview & precautions

Once the policy is purchased, the purchaser must insist on receiving all the documents pertaining to the policy at the earliest

Tata AIA Life nets Rs 25 cr premium since starting policy sale on Neu App

Tata AIA Life on Tuesday said it has netted an annualised premium of Rs 25 crore within three months of starting to distribute policies on the Tata Neu App. Customers can get insurance policies in three clicks on the Tata Group's super app, according to a statement. ***** Mastercard relocates 6,000 technologists and engineers to new Pune facility * Payments major Mastercard on Tuesday relocated its team of 6,000 technologists and engineers supporting global operations into a newer facility spread over 5 lakh sq ft in Pune. Pune is home to the largest workforce in the world for the company, which has tech hubs in Arlington, Dublin, New York, St Louis, Sydney, and Vancouver as well, as per a statement. ***** Careedge assigns maiden ESG rating to ESAF * Careedge ESG Ratings on Tuesday said it has assigned its maiden Environment, Social and Governance (ESG) rating to ESAF Small Finance Bank Limited (ESAF). The SFB has been assigned a rating of CareEdge-ESG 2 with an ESG score of 6

From setbacks to success: Ratan Tata's legacy in aviation industry

With its combined airlines, the Tata Group is now the second-largest player in the Indian market, commanding nearly 30 per cent of the domestic market share

Tata AIA launches NIFTY Alpha 50 Index Fund with ULIP: Should you invest

In addition to market-linked returns, consumers can avail of life cover and health & wellness benefits

Tata AIA launches Dollar-denominated life insurance for NRIs

The Life Protect Supreme plan offers flexibility with five distinct options, allowing policyholders to customise their coverage based on their lifestyle, medical history, and occupation

This term insurance offers Rs 3 lakh instant payout, 50% illness benefit

Tata AIA's Sampoorna Raksha Promise offers features like instant claim payouts and benefits for those diagnosed with terminal illnesses

Dixon Tech, Indus Towers among top bets of insurance companies in April 2024

Indian life insurance industry, excluding LIC of India, Nuvama said, commands an impressive aggregate equity assets under management (AUM) of nearly Rs 4.5 trillion, Nuvama said

Tata AIA Life Insurance appoints Venkatachalam H as new MD and CEO

Venkatachalam will take over from the incumbent, Naveen Tahilyani, who will be moving to another role in the Tata Group and has been elevated as a Non-Executive Director of Tata AIA Life Insurance Co

Tata AIA Life Insurance appoints Venkatachalam H as new CEO and MD

The outgoing CEO & MD Naveen Tahilyani will be transitioning to the role of non-executive director of Tata AIA Life Insurance Company

No IPO without regulator mandates: MD & CEO, Tata AIA Life Insurance

In a Q&A, Naveen Tahilyani explains how focussing on retail has paid off. He says he expects new business premium for the retail segment to grow at 30%

Tata AIA allows consumers to pay premiums through Whatsapp and UPI

Tata AIA has partnered with WhatsApp and PayU to make payments through Unified Payment Interfaces (UPIs) for their consumers more efficient

BS BFSI Insight Summit 2022: Leading economists to discuss recession fears

From Aditi Nayar the Chief Economist at ICRA to Mridul Saggar, professor of practice, IIM Kozhikode; formerly MPC Member and RBI ED, here is the full list of economists on BFSI panel

IRDAI constitutes two task forces on issues of reinsurance support

The terms for reference for the task force include issues discussed by the industry players with Irdai in the recently concluded bi-monthly meeting with the top honchos of the general insurance firms

Tata AIA Life Insurance ties up with Common Service Centres

Tata AIA Life Insurance on Saturday said it has tied up with Common Service Centres which will provide access to about 95 per cent of gram panchayats in the country. As part of its effort to deliver much-needed life insurance protection cover to rural households and safeguard their loved ones from life's uncertainties, Tata AIA Life Insurance Co Ltd has partnered with Common Services Centres under the Ministry of Electronics & IT, the insurer said in a release. With this tie up, the company said it can engage into the network of over 4 lakh Village Level Entrepreneurs (VLEs) at the last mile for distribution of life insurance plan. "The partnership will allow Tata AIA Life Insurance to augment its reach to around 95 per cent of gram panchayats, building in-roads to make life insurance accessible to the remotest areas of Bharat," Tata AIA Life said. Venky Iyer, Chief Distribution Officer & Head of Marketing, Tata AIA Life Insurance, said, "At present, life insurance ...

Tata AIA Life expects total premium income to cross Rs 14,000 cr in FY22

Tata AIA Life Insurance's total premium income is likely to grow over 30 per cent to cross Rs 14,000 crore in the current fiscal, a top company official has said. The industry growth for the first 10 months of the year has been about 20 per cent mainly because of the base effect and if you look at the growth of the company, it is about 32 per cent on weighted new business premium, Naveen Tahilyani, MD & CEO, Tata AIA Life Insurance Co Ltd, told PTI in an interaction. The life insurer had earned a total premium income of Rs 11,105.09 crore in 2020-21. "We grew at 32 per cent in the first nine months of this fiscal and close to 40 per cent in the first ten months of the year. So, I expect to close the year with about 35 per cent business growth in new business premium and about 30 per cent growth in total premium. Our total premium should certainly cross Rs 14,000 crore this year," Tahilyani said. He said the awareness towards buying insurance has increased post-Covid. However, the .

Tata AIA Life premium income rises 23% to Rs 5,255 crore in H1 FY22

The insurer had a total premium income of Rs 4,269 crore during the first half of FY21

BS BFSI Insight Summit: Onus on life insurers to transform biz, say experts

The life insurance industry saw massive disruptions in the initial period of the pandemic

Tata AIA Life Insurance ties up with Practo for online medical consultation

Tata AIA Life Insurance on Wednesday said it has tied up with integrated healthcare company Practo for online medical consultation for its customers

Markets could consolidate at current levels: Harshad Patil, Tata AIA Life

The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said

Tata AIA Life Insurance FY21 total premium up 34% to Rs 11,105 cr

Private life insurer Tata AIA Life Insurance (Tata AIA Life) on Monday said its total premium income grew by 34 per cent to Rs 11,105.09 crore in fiscal 2021 as against Rs 8,308.51 crore in FY20. It registered a 26.9 per cent jump in individual weighted new business premium (IWNBP) income to Rs 3,416 crore in FY2020-21 as against Rs 2,692 crore in FY20, the insurer said in a release. The total renewal premium income has also witnessed a 37 per cent growth compared to the last financial year and increased from Rs 5,066.49 crore to Rs 6,961.36 crore, it said. "We kept up the momentum of our business even in the most disruptive year. Our market share grew, outpacing industry growth yet again and we continue to maintain our leadership in protection, having registered the highest growth in the last two years," Tata AIA Life Managing Director and CEO Naveen Tahilyani said. Total assets under management (AUM) grew by 47.16 per cent to Rs 46,281 crore in FY21 from Rs 31,450 crore in the la