Tata AIA crosses Rs 1 lakh cr AUM

Tata AIA Life Insurance has crossed Rs. 1 lakh cr in assets under management (AUM). In less than three years, the Company has doubled its AUM from Rs. 50,000 crore (Aug’21) to Rs. 1,00,000 crore. This increase has been fuelled by strong growth in Individual New Business premium (IWNBP) income and superior investment performance, said Venky Iyer, Chief Executive Officer & Managing Director, Tata AIA.