Tata AIA Life Hits Rs 1 Lakh Cr Milestone In AUM
The company has achieved this feat by doubling its AUM from Rs 50,000 crore in August 2021 to Rs 1,00,000 crore in less than three years
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Tata AIA Life Insurance (Tata AIA Life), a private life insurer, has surpassed the milestone of Rs 1 lakh crore in Assets under Management (AUM).
The company has achieved this feat by doubling its AUM from Rs 50,000 crore in August 2021 to Rs 1,00,000 crore in less than three years. This remarkable growth has been driven by robust Individual New Business premium (IWNBP) income growth and exceptional investment performance.
Venky Iyer, Chief Executive Officer & Managing Director of Tata AIA, commented on this achievement, stating, “Doubling our AUM in less than 3 years reflects the trust our consumers have placed in our innovative solutions and service excellence, the dedication of our agents and partners, and the outstanding performance of our investment team. We remain committed to securing the financial future of our customers and helping them achieve their aspirations, ensuring they are prepared for every moment.”
