AIA Financial Overview and ESG Commitment
Delivering India's Potential through Tata AIA Life
Structural Growth Drivers
Proven Execution, Focus on Quality
1 billion Middle Class and
Affluent Population by 2030E
India
1.0 billion
people 1.6 Rest of
AIA Footprint
VONB
3.5x
AIA
#1
Leadership in Retail Protection
Retail Sum Assured (Private Life Insurers)
Tata AIA Life
Retail Protection
Player (2)
#2
#3
#4
Digitally-Enabled Multi-Channel Platform
Fastest
~3.2%
Differentiated
#1 MDRT life insurer in India
Growing G20
Economy
Insurance
Penetration
FY18
FY19
FY20
FY21
FY22
Premier Agency
#1 agency productivity (3)
>$350 billion
Annual Health Protection Gap
6th Largest
Insurance Market
in the World by 2030E
1.9x
Fastest Growing Life Insurer
New Business Premium Growth, Top 5 Insurers
3.2x
1.7x
FY18 FY22(1)
Tata AIA Life
#2
#3
#4
#5
Leading
Bancassurance
Brokers and
Digital Partners
6 bank partners, 15,000 branches
Access to >150m bank customers
#1 Wallet Share (4)
Leading domestic
brokers
policybazaar
Compare. Buy. Save.
3x ANP
FY19-FY22
com
Notes: VONB is 100% of the results from Tata AIA Life and gross of withholding tax in local currency
(1)
Individual weighted new business premium, based on fiscal year Apr to Mar
(2)
Among private life insurers, based on retail sum assured as at end of 2022
(3)
(4)
Apr 2022 to Jan 2023, internal estimates and market data, using individual weighted new business premium / average agents
AIA estimates based on market insights, Dec 2022
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