Mumbai (Maharashtra) [India], March 9 (ANI/PRNewswire): Tata AIA Life Insurance (Tata AIA), one of India's leading Life Insurance Companies has unveiled a women-centric digital campaign, 'Empowering You To Achieve Your Dreams', that is aimed at empowering Indian women to take control of their financial planning while fulfilling their dreams and aspirations. The campaign has been launched with simple, clear, and inspirational messaging. The film showcases a creative take on the independent spirit of every modern Indian woman. She aspires to own a car for her family and decides to chase that wish by taking matters into her own hands through a savings plan like TATA AIA's Guaranteed Tax-Free Income Plan. The income generated from the plan can help her realize her dreams, without having to depend on anyone. Speaking on the launch, Girish Kalra, Chief Marketing Officer, Tata AIA Life Insurance said, "At Tata AIA, women are a key consumer segment for us. Our research studies on this front clearly reveal that today's women is aspirational and seek financial independence to be able to realise her dreams. We care completely aligned to her thoughts and are keen to celebrate her progressive thinking. Our latest women-centric campaign is a step forward to enable her to realise her financial independence and fulfil her aspirations in life. We have introduced specific solutions such as Tata AIA Guaranteed Income plans that enable our women consumers to receive guaranteed tax-free income over the long term, and utilize the funds to fulfil their aspirations." The task of creating the campaign was entrusted to creative agency and production powerhouse, FCB Ulka. Sharing his experience, Kulvinder Ahluwalia - Chief Executive Officer, FCB Ulka Pvt. Ltd, added "In today's day and age, women are more independent than ever. They handle their own finances, go after what they want and are more in control of their lives. Through this campaign, Tata AIA Life Insurance recognizes and show how financially independent women make for an unstoppable force to fulfil their dreams and ambitions." A recent study by Tata AIA on women and financial independence revealed that while Indian women are moving towards gaining financial stability, they are yet to be financially independent. Most working women and housewives are still dependent on their fathers and spouses to take key financial decisions with regard to saving or investing. Key insights from the survey are encapsulated below - - Financial Dependency - The survey findings indicated that 89 per cent of married women depend on their fathers or spouses for financial planning. Thus, marriage is one of the foremost deterrent factors in impeding the independence in financial decision-making for women. - Independence for planning finances - For 39 per cent of the women covered in the survey, financial planning is restricted to planning the monthly budget. Of 42 per cent of the women who have a better understanding of financial planning, only 12 per cent are homemakers. According to the survey findings, for most women being financially independent does not necessarily mean they have the freedom to make their finance related decisions. Among the working women, 59 per cent do not independently take decisions on their finances. The ratio is higher in tier 3 markets, where 65 per cent of working women do not take independent financial decisions. - Intent towards Financial Planning - Given a choice, however, 44 per cent of women are willing to make their own financial decisions. Encouragingly, in tier-2 markets, women are warming up to the idea of making their own financial decisions. Increased awareness of their rights and a general lifestyle upgrade could contribute to this change. Keeping the findings from the above survey in mind, Tata AIA decided on the theme of the campaign of helping women consumers find the right footing in the space of financial investing. Tata AIA products also provide an added incentive to women consumers in terms of special discounts, preferred rates of interest, and loans at reduced rates to fulfil all their financial aspirations for themselves and for their loved ones. The film is available for viewing here: https://youtu.be/hYse0docLQQ Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life 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. Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. In 2021-22, the revenue of Tata companies, taken together, was USD 128 billion (Rs 9.6 trillion). These companies collectively employ over 935,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly listed Tata enterprises with a combined market capitalization of USD 311 billion (Rs 23.6 trillion) as on March 31, 2022. Companies include Tata Consultancy Services, Tata Motors Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Indian Hotels, Tata Communications, Tata Digital, and Tata Electronics. AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets - wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei, and Macau SAR, and a 49 per cent joint venture in India. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of USD 302 billion as of 30 June 2022. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 40 million individual policies and over 17 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "1299" with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: "AAGIY"). This story has been provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)
Mumbai [India], February 28 (ANI/PRNewswire): Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has launched its very first Hindi website. With this initiative, Tata AIA aims to enhance its virtual footprint across Bharat, and provide consumers with a website that conveys the benefits of life insurance solutions in their preferred language. Tata AIA's Hindi interface (https://www.tataaia.com/hi-in/homepage.html) is a comprehensive website providing information about the company, its solutions, content in the form of blogs etc. It also empowers consumers to make premium payments, complete purchase of products, and have their queries resolved conveniently from the comfort of their homes, simply at the click of a button. To ensure that the content is translated in the correct manner while being easily understood by people at large, the company adopted a two-step approach while developing the Hindi website. The content was first translated using an AI engine followed by a complete review by human experts. Commenting on the occasion, Girish Kalra, Chief Marketing Officer (CMO) of Tata AIA, said, "India's Internet usage base has grown exponentially in the last few years with the surge in smart phone usage. Our in-house research highlights the growing preference among Indians for consuming content in vernacular language. This inspired us to create a Hindi version of our website that is desi in spirit while offering our consumers the right experience, ease, and convenience powered by the latest web technologies. For us, this is yet another step in our endeavour to connect with Bharat in the true sense". A 2021 report by Google1 estimates the number of Internet users in Indian languages to reach 536 million in four years. As Hindi becomes an increasingly popular language for accessing the Internet, having a Hindi interface is vital to strengthening consumer relationships. Tata AIA Life Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life 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. Tata Group Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. In 2021-22, the revenue of Tata companies, taken together, was USD 128 billion (Rs 9.6 trillion). These companies collectively employ over 935,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly listed Tata enterprises with a combined market capitalisation of USD 311 billion (Rs 23.6 trillion) as on March 31, 2022. Companies include Tata Consultancy Services, Tata Motors Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Indian Hotels, Tata Communications, Tata Digital, and Tata Electronics. AIA Group Limited and its subsidiaries (collectively 'AIA' or the 'Group') comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets - wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR, and a 49 per cent joint venture in India. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of USD 302 billion as of 30 June 2022. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 40 million individual policies and over 17 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code '1299' with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: 'AAGIY'). 1. https://tech.hindustantimes.com/tech/news/over-500-million-users-to-access-internet-in-indian-languages-by-2021-google-story-6SV7GlYWssoZZQjm4O5n6I.html This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)
Mumbai (Maharashtra) [India], February 27 (ANI/PRNewswire): Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has launched Tata AIA Fortune Guarantee Supreme, a non-linked, non-participating, Guaranteed Savings plan that provides life insurance cover with guaranteed regular income from the very first month of investing. The plan comes with a host of benefits such as: - Guaranteed income payable from the very first month of investing - Loyalty additions through a unique sub-wallet feature to earn interest on the income earned - Customized payout dates to coincide with one's special moments (e.g. anniversary, birthday) - Special 2 per cent discount for women consumers investing in the policy Commenting on the launch Samit Upadhyay, President and Chief Financial Officer, Head of Products, Tata AIA, said, "We live in a world wherein we must grapple with uncertainty, even as we aspire to fulfill our dreams. In such a scenario, being financially secure becomes a necessity, rather a luxury. What we need is a savings cum protection solution that offers financial protection, guaranteed income, and the flexibility to tailor the plan to suit one's needs." "At Tata AIA, we are delighted to launch 'Fortune Guarantee Supreme', our latest offering as part of our Guaranteed tax-free regular income portfolio. It provides a regular income stream to consumers, that too right from the first month and on dates of their choice e.g. birthdays, thereby making their special moments truly special. What more, the plan is available to women consumers at a special discount of 2 per cent, thereby making it even more attractive." Fortune Guarantee Supreme offers guaranteed tax free regular income for as long as 50 years. The Sub Wallet feature helps consumers accrue daily Loyalty additions at the rate of 4.05%, on the accumulated income amount. The Loyalty additions rate will be reviewed every six months and compounded annually. On completion of the policy term, consumers stand to gain a significant guaranteed lumpsum benefit. To make the proposition even more attractive, Tata AIA offers riders or add-ons such as Tata AIA Vitality Protect or Tata AIA Vitality Health. Consumers can avail these riders to make their life and health cover more comprehensive. Tata AIA Vitality Protect riders offer exhaustive protection cover with wellness benefits and premium discounts. It also allows policyholders to choose from several risk coverage options, such as death, accidental death or disability, and illness. Tata AIA Vitality Health covers disability, hospitalization, and illness and offers one or more benefits. Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life 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. Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six per cent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. In 2021-22, the revenue of Tata companies, taken together, was USD 128 billion (INR 9.6 trillion). These companies collectively employ over 935,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of USD 311 billion (Rs 23.6 trillion) as on March 31, 2022. Companies include Tata Consultancy Services, Tata Motors Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Indian Hotels, Tata Communications, Tata Digital, and Tata Electronics. AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets - wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR, and a 49 per cent joint venture in India. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of USD 302 billion as of 30 June 2022. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 40 million individual policies and over 17 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "1299" with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: "AAGIY"). This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)
Mumbai (Maharashtra) [India], January 24 (ANI/PRNewswire): As the purest and most effective form of life insurance cover available, Term Insurance Plans safeguard policyholders and their families from the uncertainties of life. However, work schedules that keeps everyone busy daily have changed how people live and get affected. Tata AIA Life Sampoorna Raksha Supreme and Vitality Protect rider offer comprehensive protection with wellness benefits for those who wish to safeguard their families' futures. Besides death and terminal illness benefits, consumers now receive wellness benefits and premium discounts for healthy behaviors Tata AIA Vitality is a globally recognised, science-based wellness program that helps consumers understand and improve their health while also rewarding them. On enrolling into the Wellness Program, consumers get an upfront discount of up to 5 per cent on their premium. The premium discount in the subsequent years may increase or decrease based on their Wellness status (decided based on their engagement levels, Completion of health assessments, achievement of fitness goals etc). Sampoorna Raksha Supreme product allows customers to opt for a more enhanced protection cover with Tata AIA Vitality Protect Rider and Tata AIA Vitality Health rider. These are non-linked riders, which lets consumers select their choice of protection against a range of health conditions, stay protected against uncertainties such as Death, Accidental Death & Disability, Critical Illness etc and also helps them get their fitness goals on track for bringing positive changes to their health and lifestyle, while rewarding them with premium discounts. The Tata AIA Vitality Protect rider offers coverage against a range of risks and consumers may opt for coverage against one or more risks as per their needs by choosing from the following Benefit Options: - Term Booster - Benefit is paid on earlier of Death or diagnosis of Terminal Illness - Accidental Death - Benefit is paid on Death due to accident. Double benefit is paid in case of accident under specified circumstances e.g. accidental death while travelling in public transport as bus, tram or train. - Accidental Total & Permanent Disability - Benefit is paid on Accidental Total and Permanent Disability due to accident. The double benefit is paid in case of an accident under specified circumstances e.g. accidental disability while travelling in public transport as bus, tram or train. - CritiCare Plus - Offers protection against 40 Critical Illnesses including Cancer and Cardiac conditions. On diagnosis of any of the covered conditions, rider sum assured will be paid. - Accelerated CritiCare - Offers protection against 40 Critical Illnesses including Cancer and Cardiac conditions. Cover for this option will be accelerated sum assured of the base plan. The Tata AIA Vitality Health offers coverage against a range of risks. One may opt for coverage against one or more risks as per their needs by choosing from the following Benefit Options. - HospiCare - Pays fixed amount on Hospitalization and on ICU admission. Additional Recuperation benefit in case of hospitalization for 7 or more days - Accidental Disability Care - Covers both Permanent Total or Permanent Partial Disability due to an accident. Under this option, double Benefit payable in case of accident under specified circumstances e.g. accident while travelling in public transport like bus, tram or train). - Multiple claims allowed in case of partial disability - Death Benefit Pay-out - Highlights of Tata AIA Life Insurance Sampoorna Raksha Supreme - Multistage CritiCare - 39 Critical Illness covered including minor stage illness - Cancer Care - Covers early as well as late-stage cancers - Cardiac Care - Covers 14 minor as well as 8 major heart-related ailments The product also offers a whole-life coverage option until 100 years of age. The premium paying terms under the term and term plan with return of premium variants are 5 years, 10 years, 12 years, Single Pay, and Regular Pay. Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life 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. Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. In 2021-22, the revenue of Tata companies, taken together, was USD 128 billion (Rs 9.6 trillion). These companies collectively employ over 935,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of USD 311 billion (INR 23.6 trillion) as on March 31, 2022. Companies include Tata Consultancy Services, Tata Motors Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Indian Hotels, Tata Communications, Tata Digital, and Tata Electronics. AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets - wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR, and a 49 per cent joint venture in India. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of USD 302 billion as of 30 June 2022. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 40 million individual policies and over 17 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "1299" with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: "AAGIY"). This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)
Mumbai (Maharashtra) [India], August 30 (ANI/PRNewswire): Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of the fastest-growing private life insurers has declared a bonus of Rs 861 crores for FY2022 to all eligible participating policyholders. This is the 5th consecutive year of bonus payment and exceeds the bonus paid in FY2021 by 20 per cent. All participating policies in force as of March 31, 2022, are eligible to receive this annual bonus, which will be added to the policyholders' benefits. Strong fund management capabilities coupled with robust risk management practices have enabled the Company to consistently reward participating policyholders with higher bonuses, showcasing the efficacy of participating products in helping consumers achieve their financial goals. Commenting on the occasion, Samit Upadhyay, Chief Financial Officer, Tata AIA Life, said, "At Tata AIA, the long-term financial wellbeing of our consumers is at the core of everything we do, and it is our endeavour to make sure they are financially secure. Our long-term fund management philosophy and prudent investment & risk management policies have enabled us to declare a robust bonus to our consumers. We are sure this will go a long way in meeting their protection and long-term saving needs. We remain committed towards offering significant value to our consumers through our highly rated and consumer-friendly insurance solutions." 99.83 per cent of the rated AUM of Tata AIA is rated either 4 stars or 5 stars on a 5-year basis as of March 31, 2022, by Morningstar Ratings . In all Funds put together, the Company recorded an Individual Weighted New Business Premium (IWNBP) income of Rs 4,455 Cr. for the financial year 2021-22, a growth of 30 per cent compared to Rs 3,416 Cr. for the year 2021-22 (c)2020 Morningstar. All rights reserved. The Morningstar name is a registered trademark of Morningstar, Inc. in India and other jurisdictions. The information contained here: (1) includes the proprietary information of Morningstar, Inc. and its affiliates, including, without limitation, Morningstar India Private Limited ("Morningstar"); (2) may not be copied redistributed or used, by any means, in whole or in part, without the prior, written consent of Morningstar, (3) is not warranted to be complete, accurate or timely, and (4) may be drawn from data published on various dates and procured from various sources and (4) shall not be construed as an offer to buy or sell any security or other investment vehicle Neither Morningstar, Inc. nor any of its affiliates (including without imitation, Morningstar nor any of their officers, directors, employees, associates or agents shall be responsible or table for any trading decisions, damages or other losses resulting directly or indirectly from the information. Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life 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. For the financial year 2021-22, the total premium income of Tata AIA Life increased to Rs 14,445Cr., a growth of 30 per cent. For the same period, the Company registered a Retail New Business Weighted Premium of Rs 4,455 Cr. The 13th-month persistency of the Company was at 87.8 per cent, and the Individual Death Claims Settlement ratio was at 98.53 per cent. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life maintained its rank no. 5, based on Individual Weighted New Business Premium. Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six per cent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. In 2021-22, the revenue of Tata companies, taken together, was USD 128 billion (Rs 9.6 trillion). These companies collectively employ over 935,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly listed Tata enterprises with a combined market capitalisation of USD 311 billion (Rs 23.6 trillion) as on March 31, 2022. Tata companies include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Indian Hotels, Tata Communications, Tata Digital, and Tata Electronics. AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets - wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India. The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of USD 340 billion as of December 31, 2021. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "1299" with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: "AAGIY"). This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)