Aegon Religare Life Insurance Company Limited(ARLI) is a joint venture between AEGON, a life insurance and pension group, Religare, an Indian integrated financial services group and Bennett, Coleman & company, India’s largest media house. Religare Enterprises Limited (REL) offers a range of products and services, including asset management, life insurance, wealth management, equity and commodity broking, investment banking, lending services, private equity and venture capital. AEGON's businesses serve over 40 million customers in over 20 markets throughout the Americas, Europe and Asia, with major operations in the United States, the Netherlands and the United Kingdom. AEGON has more than 160 years of experience with its roots going back to 1844. AEGON holds 26% equity, Religare Enterprises Limited hold 44% equity and the Bennett, Coleman & Company Group holds remaining 30% equity in ARLI. The company started its pan-India multi-channel operations in July, 2008. 
Aviva India Life Insurance Company is a joint venture between Dabur India and Aviva Plc of UK. Aviva holds 26% of the equity and Dabur Group holds 74% of the equity in the JV partnership. Founded in 1884, Dabur is one of India’s oldest and largest groups of companies with the Group’s consolidated annual sales in excess of Rs 2,396 crores. Aviva plc is the UK’s largest insurance Group and one of the world’s oldest insurance Groups, with a history dating back to 1696. Today, it is the fifth largest insurer worldwide, with 50 million customers and £381 billion assets under management. The company started its operations in India in 2001. Aviva was also the first to come up with the concept of bancassurance in India. 
Bajaj Allianz Life Insurance Company Limited is an insurance joint venture between Allianz SE; a life insurer and and Bajaj Finserv. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE. Allianz SE is the world's leading insurer and Bajaj Finserv Limited (recently demerged from Bajaj Auto Limited, one of India's most respected names). Allianz SE is a leading insurance conglomerate globally and one of the largest asset managers in the world, managing assets worth over a Trillion Euros (over Rs. 55, 00,000 crores). The company started its operations in India in 2001.
Bharti AXA Life Insurance is a joint venture of Bharti, an India business group with interests in telecom, agri business, and retail, and AXA, a leader in financial protection and wealth management. Bharti has been a pioneering force in the telecom sector with many firsts and innovations to its credit. Bharti Airtel Limited, a group company, is one of India’s leading private sector providers of telecommunications services. AXA’s operations are diverse geographically, with major operations in Western Europe, North America and the Asia/Pacific area. Bharti Group holds 74% of equity and AXA holds 26% of the equity in the JV partnership. The company started its operations in India in December, 2006.
Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla Group and Sun Life Financial Inc, financial services organization from Canada. The Aditya Birla Group is a US $24 billion conglomerate with a market capitalization of US $31.5 billion (as on 31st December 2007) and is one of the largest business houses in India. Sun Life Financial Inc. is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Tracing its roots back to 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. Aditya Birla Group holds 74% of equity and Sun Life holds 26% of the equity in the JV partnership. The company started its operations in India in December, 2000.
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008 and is jointly owned by two of India’s largest public sector banks – Canara Bank (holding 51%) and Oriental Bank of Commerce (23%) – and HSBC Insurance (Asia Pacific) Holdings Limited (26%), the Asian insurance arm of one of the world’s largest banking and financial services groups – HSBC. The Company has exclusive access to around 48 million customers and a pan-India network of over 4,400 branches of Canara Bank, HSBC and Oriental Bank of Commerce. The formidable distribution strength and in-depth local market knowledge of Canara Bank and Oriental Bank of Commerce coupled with the considerable insurance experience, product range and proven bancassurance capabilities of HSBC make this an unparalleled union of financial strength, expertise and most importantly, trust.
DLF Pramerica Life Insurance Co. is a joint venture between DLF Limited (DLF) a leading real estate development company in India, and Prudential International Insurance Holdings, Ltd. (PIIH), a fully-owned subsidiary of Prudential Financial, Inc. (PFI), a financial services leader headquartered in the U.S. DLF Limited (www.dlf.in) is one of the leading real estate companies in the world. DLF's primary business is development of residential, commercial and retail properties. DLF holds 74 per cent stake in the joint venture and PFI has the remaining 26 per cent stake. The company started its operations in India in 2008. 
Future Generali India Life Insurance Co. Ltd. is an insurance joint venture between the Italy-based Generali Group and the Indian Future Group. Future Group holds 74% of the equity and Generali holds 74% of the equity in the JV partnership. The Future Group operates through six verticals: Future Retail (encompassing all lines of retail business), Future Capital (financial products and services), Future Brands (all brands owned or managed by group companies), Future Space (management of retail real estate), Future Logistics (management of supply chain and distribution) and Future Media (development and management of retail media spaces). The Generali Group is one of the most significant participants in the global insurance and financial products market. The Group’s Parent and principal operating Company is Assicurazioni Generali, market leader in Italy, founded in 1831 in Trieste. The company started its operations in India in October, 2007. 
HDFC Life Insurance Company Ltd. is a joint venture between Housing Development Finance Corporation Limited (HDFC), India’s leading housing finance institution and Standard Life plc, the leading provider of financial services in the United Kingdom. HDFC Limited, India's premier housing finance institution has assisted more than 3.4 million families own a home, since its inception in 1977 across 2400 cities and towns through its network of over 271 offices. Standard Life is one of the UK's leading long term savings and investments companies headquartered in Edinburgh and operating internationally. Established in 1825, Standard Life provides life assurance and pensions, investment management and healthcare insurance products to over 6 million customers worldwide. Standard Life holds 26% of the equity and HDFC holds 74% of the equity in the JV partnership. The company started its operations in India in 2000.
ICICI Prudential Life Insurance Company is a life insurance joint venture between ICICI Bank and Prudential plc, a financial services group based in UK. It was one of the first players to commence operations when the insurance industry was opened to the private sector in 2000. ICICI Bank holds 74% and the remaining 26% with Prudential plc. The company has a network of over 700 offices, over 235,000 advisors; as well as 23 bank partners. It is also the only life insurer in India to be assigned AAA (Ind) credit rating from Fitch Ratings. The company started its operations in India in December, 2000.
IDBI Fortis Life Insurance Co Ltd is a joint-venture of IDBI Bank, India's premier development and commercial bank, Federal Bank, one of India's leading private sector banks and Fortis Insurance International, a multinational insurance giant based out of Europe. In this venture, IDBI Bank owns 48% equity while Federal Bank and Fortis own 26% equity each. The company offers its services through a vast nationwide network across the branches of IDBI Bank and Federal Bank in addition to a sizeable network of advisors and partners. IDBI Fortis started its operations in India in March, 2008.
IndiaFirst is the country's youngest life insurance company promoted by two of India's largest public sector banks - Bank of Baroda and Andhra Bank along with UK's leading risk, wealth and investment company Legal & General. Bank of Baroda is one of the largest public sector banks in the country with an enviable network of over 3050 branches that spreads across the geography of India and over 70 branches across 22 countries globally. Andhra Bank has been serving the Indian customer for over 85 years and currently has a network of over 1557 branches. Legal & General is one of UK's leading financial institutions with a heritage of over 150 years. It provides life assurance, pensions, investments and general insurance plans to over 5.5 million customers across UK. It brings rich fund management and insurance experience to India. Bank of Baroda holds a 44 per cent stake in IndiaFirst, while Andhra Bank and Legal & General hold a 30 per cent and 26 per cent stake respectively. The company started its operations in India in March, 2010. 
ING Vysya Life Insurance Company Limited is part of the ING Group. ING holds 26% of the equity and Vysya Bank holds 74% of the equity in the JV partnership. ING Vysya consists of three businesses in India, ING Vysya Life Insurance, ING Vysya Bank and ING Vysya Mutual Fund. ING Vysya Bank is a premier private sector bank with a heritage of over 76 years and 1.5 million satisfied customers. ING Vysya Mutual Fund is a mid sized asset management company with a retail investor focus. ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in over 50 countries. It had entered the private life insurance industry in India in September, 2001. 
Kotak Mahindra Old Mutual Life Insurance Ltd. is a joint venture between Kotak Mahindra Bank Ltd.(KMBL), and Old Mutual plc, a South African savings and wealth management company. Old Mutual holds 26% of the equity and Kotak Mahindra Bank holds 74% of the equity in the JV partnership. The Kotak Mahindra Group is one of India's leading banking and financial services organizations, with offerings across personal financial services; commercial banking; corporate and investment banking and markets; stock broking; asset management and life insurance. Old Mutual plc is an international savings and wealth management company based in the UK. Originating in South Africa in 1845, Old Mutual is a Global 500 and FTSE 100 Company, listed in UK, South Africa and other 3 African exchanges. The company started its operations in India in 2001. 
Life Insurance Corporation of India (LIC) was created on 1st September, 1956. The Life Insurance Corporation (LIC) of India is the largest life insurance company in India owned solely by the Government of India. Headquartered in Mumbai, LIC presently has 7 Zonal Offices and 100 Divisional Offices situated all around the country. In addition to an even distribution of 2048 branches located in different towns and cities of India, LIC also has a network of around one million agents who solicit life insurance policies to the public.The other subsidiary companies under LIC are
1. Life Insurance Corporation (LIC) of India International - A joint venture offshore company promoted by LIC which commenced its operations in July, 1989 with the objective of offering policies denominated in US $ to NRIs residing in the Gulf.
2. LIC Nepal - Formed in 2001 in joint venture with Vishal Group of Industries, Nepal.
3. LIC Lanka - Formed in 2003 in joint venture with Bartleet Group of Companies, Sri Lanka
4. LIC Housing Finance - Established in 19 th June,1989 in Dubai with the objective of providing long term finance for construction of houses or apartments.
5. LIC Housing Finance Limited Care Homes - A wholly owned subsidiary of LIC Housing Finance which builds "Assisted Community Living Centers" for senior citizens.
Max New York Life Insurance Company Ltd. is a joint venture of New York Life, a Fortune 100 company, and Max India Limited, an Indian multi-business corporation. Max India Limited is a multi-business corporate, driven by the spirit of enterprise and focused on people and service oriented businesses. New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. New York Life is one of the largest and strongest life insurance companies in the world with more than USD$215 billion assets under management. New York Life holds 26% of the equity and Max Group holds 74% of the equity in the JV partnership. The company started its operations in India in 2001. 
Met Life India Insurance Company Ltd. is a joint venture between MetLife International Holdings, Inc., The Jammu and Kashmir Bank, M. Pallonji and Co. Private Limited, and other private investors. MetLife, Inc., through its affiliates, reaches more than 70 million customers in the Americas, Asia Pacific and Europe. Affiliated companies, outside of India, include the number one life insurer in the United States (based on life insurance in force), with over 140 years of experience and relationships with more than 90 of the top one hundred FORTUNE 500® companies. The company started its operations in April, 2001. 
Reliance Life Insurance Company (RLIC) is an associate company of Reliance Capital Ltd., a part of Reliance - Anil Dhirubhai Ambani Group. Reliance Life Insurance is one of the few private life insurance companies in India which have launched operations without a foreign partner. Reliance Life Insurance Company Limited is one of India’s top private sector life insurance companies with business premium including renewal premium of over Rs 6,605 crore (as on 31st March 2010). The company has sold over 7 million policies and has an Asset Under Management base of more than Rs 17,000 crore (as of 30th November, 2010). It has an extensive distribution network of 1,247 offices and over 2,13,000 advisors (as of 30th November, 2010). The company started its operations in 2005. 
Sahara India Life Insurance Co, Ltd. got IRDA's approval for operations in February 2004. This insurance company has launched operations without any foreign collaboration. Sahara India Pariwar is a major business conglomerate in India with operations in multiple sectors, including financial services, housing finance, mutual funds, life insurance, city development, real estate activities, print and television media, film production, sports, information technology, healthcare, tourism, hospitality, commodity sales & services and consumer products. The company started its operations in 2004.
SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Assurance. SBI owns 74% of the total capital and BNP Paribas Assurance the remaining 26%. State Bank of India enjoys the largest banking franchise in India. Along with its 6 Associate Banks, State Bank Group has the unrivalled strength of over 16,000 branches across the country, arguably the largest in the world. BNP Paribas is the 1st largest French company and ranks 5th in the banking industry worldwide, 1st bank in Euro Zone as per Global 2000 Forbes' 2008. The company launched its operations in the year 2001.
Shriram Life Insurance Co. Ltd. is an insurance joint venture between Shriram Group, India and Sanlam of South Africa. Shriram conglomerate, established in the year 1974, is among the leading corporate houses in Southern India and a major player in the Indian financial services sector. The Shriram Group is into chit funds, truck financing, and other financial services businesses in India. This business house having its headquarters in Chennai manages funds of over INR 30,000 crore in its truck financing business and has a significant presence in consumer durable financing, insurance broking and stock broking businesses as well. Sanlam is a life insurance and asset management firm in South Africa with assets of over $ 55.6 billion under management. Shriram Group holds 74% of the equity and Sanlam of South Africa holds 26% of the equity in the JV partnership. The company started its operations in 2005. 
Star Union Dai-ichi Life Insurance Company is a joint venture between Bank of India, Union Bank of India and Dai-ichi Mutual Life Insurance Company. Bank of India and Union Bank have a strong nationwide network of more than 5000 offices. Additionally the Regional Rural Banks sponsored by the two banks have more than 1400 branches to tap the life-insurance business in the rural areas. More than 48 million strong banking customer base of the two banks provides ready scope of cross selling of insurance products. Dai-ichi Life is a leading player in the Life Insurance Segment in Japan and is one of the Top 10 Life Insurers in the world and the second largest Life Insurance Company in Japan. Bank of India holds 51%, Union Bank of India holds 23% and Dai-ichi Mutual Life Insurance Company holds the remaining 26% of the equity in the JV partnership. The company started its operations in February, 2009.
Tata AIG Life Insurance Company Limited is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Tata Group holds 74% of the equity and AIA Group Limited (AIA) holds 26% of the equity in the JV partnership. The Tata group comprises over 90 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The major Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Indian Hotels and Tata Communications. The AIA Group Limited (AIA) is the largest, independent listed pan-Asian life insurance group in the world, with an unparalleled footprint spanning 15 markets in Asia Pacific. The company started its life insurance business in India in April, 2001. 
Apollo Munich Health Insurance Company Limited is an insurance joint venture between Apollo Hospitals Group and DKV. Apollo Hospitals Group is a pioneer and leader in corporate healthcare in India and currently owns and manages 42 large tertiary care hospitals, 60 primary care clinics, and the largest retail pharmacy chain of over 600. The other interests of the group include, wellness and disease management, holistic medicine, clinical research, Medical BPO, IT in health care, Medical and paramedical education and third party administration of health Insurance. DKV is the European market leader and one of the world’s top five private health insurers. DKV is represented across Europe (Belgium, Germany, Great Britain, Luxembourg, Norway, Spain, Sweden) as well as in Asia, i.e. China, South Korea and India. DKV’s headquarters are based in Cologne, Germany. The company is a member of the ERGO Insurance Group and thus part of the Munich Re Group, one of the world’s largest reinsurer.
Bajaj Allianz General Insurance Company Limited is an insurance joint venture between Allianz SE; an insurer and and Bajaj Finserv. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE. Allianz SE is the world's leading insurer and Bajaj Finserv Limited (recently demerged from Bajaj Auto Limited, one of India's most respected names). Allianz SE is a leading insurance conglomerate globally and one of the largest asset managers in the world, managing assets worth over a Trillion Euros (over Rs. 55, 00,000 crores). The company started its operations in India in 2001. 
Cholamandalam MS General Insurance Company Ltd. is a Joint Venture between the Murugappa Group, and Mitsui Sumitomo Insurance Group of Japan. Murugappa Group is one of India’s leading business conglomerates. Murugappa Group is market leaders in diverse areas of business including Engineering, Abrasives, Finance, General Insurance, Cycles, Sugar, Farm Inputs, Fertilizers, Plantations, Bio-products and Nutraceuticals. Mitsui Sumitomo is the second largest Insurance Group in Japan.
Future Generali India Insurance Co. Ltd. is an insurance joint venture between the Italy-based Generali Group and the Indian Future Group. Future Group holds 74% of the equity and Generali holds 74% of the equity in the JV partnership. The Future Group operates through six verticals: Future Retail (encompassing all lines of retail business), Future Capital (financial products and services), Future Brands (all brands owned or managed by group companies), Future Space (management of retail real estate), Future Logistics (management of supply chain and distribution) and Future Media (development and management of retail media spaces). The Generali Group is one of the most significant participants in the global insurance and financial products market. The Group’s Parent and principal operating Company is Assicurazioni Generali, market leader in Italy, founded in 1831 in Trieste. 
HDFC ERGO General Insurance Company Limited is a 74:26 joint venture between HDFC Limited, India's premier Housing Finance Institution & ERGO International AG, the primary insurance entity of Munich Re Group. HDFC Limited, India's premier housing finance institution has assisted more than 3.4 million families own a home, since its inception in 1977 across 2400 cities and towns through its network of over 271 offices. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers. In Europe, ERGO is no. 1 in the health and legal expenses insurance segments, and in its home market of Germany it is among the market leaders. 
ICICI Lombard GIC Ltd. is a 74:26 joint venture between ICICI Bank Limited, India’s second largest bank and Fairfax Financial Holdings Limited, a Canada based USD 30 billion diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management. ICICI Bank is India's second-largest bank. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. Lombard Canada Ltd, a group company of Fairfax Financial Holdings Limited, is one of Canada's oldest property and casualty insurers. 
IFFCO TOKIO General Insurance Company (ITGI) is a joint venture promoted by Indian Farmers Fertiliser Co-operative (IFFCO) and its associates and The Tokio Marine and Nichido Fire, the largest insurance company in Japan. The Indian promoter’s contribution is 74 percent, while Tokio Marine has contributed 26 percent through group company Tokio Marine Asia Pte Ltd. IFFCO holds 72.64% shareholding and its Associate M/s Indian Potash Ltd. holds 1.36% shareholding in ITGI. TOKIO Marine Asia Pte. Ltd holds 26% shareholding in ITGI. TOKIO Marine Asia is a subsidiary company of Millea Holding Inc Japan; a holding company for Tokio Marine & Nichido Fire (TMNF) Insurance Company. Tokio Marine & Nichido Fire Insurance Company has over 120 years of experience in the general insurance business and is the largest and oldest general insurance company of Japan. 
Max Bupa Health Insurance Company Ltd. (Max Bupa) is a joint venture between Max India Limited and the UK based healthcare services expert, Bupa. Bupa was established way back in 1947 as the British United Provident Association. Max India Limited is a multi-business corporate, driven by the spirit of enterprise and focused on people and service oriented businesses. Max group has an unparalleled expertise in Insurance and Healthcare. This is exemplified by our strong presence in Life Insurance (Max New York Life), Healthcare (Max Hospitals) and Clinical Research (Max Neeman Clinical Research). 
NIC is the oldest Insurance Company in India. National Insurance Company Limited was incorporated in the year 1906. National Insurance is the second largest non life insurer in India having a large market presence in Northern and Eastern India. National transacts general insurance business of Fire, Marine and Miscellaneous insurance. The Company offers protection against a wide range of risks to its customers. Befittingly, the product ranges, of more than 200 policies offered by NIC cater to the diverse insurance requirements of its 14 million policyholders. NIC has been awarded the “AAA/STABLE” financial strength rating by CRISIL. It reflects the highest financial strength to meet policyholders’ obligations. 
The New India Assurance Company Ltd was incorporated on 23rd July 1919, by the House of Tata Founder member - Sir Dorab Tata. The New India Assurance Company has been enjoying the "A-" (Excellent) rating by A.M.Best & Co (Europe). The New India Assurance Company is the first Indian non-life company to cross Rs. 5000 crores Gross Premium. The Company has overseas operations in countries like Japan, U.K, Middle East, Fiji and Australia. The New India Assurance is the first company to set up an Aviation Insurance Department in 1946 and department in Engineering insurance. The New India Assurance is also the first company to handle the Hull Insurance requirements of the Indian Shipping Fleet and also pioneer in Satellite insurance. 
The Oriental Insurance Company Ltd was incorporated at Bombay on 12th September 1947. The Company was a wholly owned subsidiary of the Oriental Government Security Life Assurance Company Ltd and was formed to carry out General Insurance business. The Company was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 (till the General Insurance Business was nationalized in the country). Oriental Insurance with its head Office at New Delhi has 26 Regional Offices and nearly 900+ operating Offices in various cities of the country. The Company has overseas operations in Nepal, Kuwait and Dubai. The Oriental Insurance Company has been enjoying the highest rating from leading Indian credit rating agencies CRISIL and ICRA. The Company has also been rated as B++(Very Good) by AM Best, an international rating agency. 
Raheja QBE is a joint venture between Rajan Raheja Group and QBE. The Rajan Raheja Group, one of India’s most dynamic and diversified business group and QBE is one of the world’s most respected Insurance companies.
QBE Insurance Group Limited is one of the top 25 insurers and reinsurers worldwide with operations in all key global insurance markets. QBE is an Australian listed company with a Group Head office based in Sydney, and has operations in 49 countries.
Reliance General Insurance Company is an associate company of Reliance Capital Ltd., a part of Reliance - Anil Dhirubhai Ambani Group. Reliance General Insurance is one of the few private general insurance companies in India which have launched operations without a foreign partner. Reliance Capital, a constituent of S&P CNX Nifty and MSCI India, is a part of the Reliance Anil Dhirubhai Ambani Group. It is one of India's leading and most valuable financial services companies in the private sector. Reliance Capital has interests in asset management and mutual fund; life and general insurance; commercial finance; stock broking; depository services; private equity and proprietary investments; exchanges, asset reconstruction; distribution of financial products and other activities in financial services. 
Royal Sundaram is a joint venture between Sundaram Finance and RSA, one of the oldest insurance providers in the world. Royal Sundaram was the first private non-life insurance company licensed to operate in India.Sundaram Finance, an AAA (pronounced Triple A) rated Non-Banking Finance Company, is one of the most respected financial services companies in India. The Sundaram Finance group's operations span Vehicle finance, Home mortgages, Asset management, General Insurance, Business process outsourcing, IT solutions and distribution of financial products.RSA is one of the world's leading multinational quoted insurance groups. RSA writes business in over 130 countries, with major operations in UK, Scandinavia, Canada, Ireland, Asia and the Middle East and Latin America.
SBI General Insurance is a joint venture between State Bank of India and Insurance Australia Group (IAG). State Bank of India enjoys the largest banking franchise in India. Along with its 6 associate Banks, State Bank Group has the unrivalled strength of over 16,000 branches across the country, arguably one of the largest banking network in the world. IAG is the largest non life Insurance company in Australia. Insurance Australia Group Limited (IAG) is an international General Insurance group, with operations in Australia, New Zealand, the United Kingdom and Asia. 
Star Health and Allied Insurance Co. is a joint venture between Oman Insurance Company, ETA Ascon Group and a host of Insurance veterans from India. Oman Insurance Company is one of the leading Insurance Companies in the Middle East. ETA ASCON Group is primarily a Contracting firm in the U.A.E. with expertise ranging from Civil Construction to Electro Mechanical, Elevator Engineering and Facilities Management. It is India's first stand-alone Health Insurance Company in India and deals in Personal Accident, Mediclaim and Overseas Travel Insurance. 
Tata AIG General Insurance Company Limited is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Tata Group holds 74% of the equity and AIA Group Limited (AIA) holds 26% of the equity in the JV partnership. The Tata group comprises over 90 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The major Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Indian Hotels and Tata Communications. The AIA Group Limited (AIA) is the largest, independent listed pan-Asian life insurance group in the world, with an unparalleled footprint spanning 15 markets in Asia Pacific. The company started its life insurance business in India in April, 2001. 
United India Insurance Company Limited was incorporated on 18th February 1938. General Insurance Business in India was nationalized in 1972. 12 Indian Insurance Companies, 4 Cooperative Insurance Societies and Indian operations of 5 Foreign Insurers, besides General Insurance operations of southern region of Life Insurance Corporation of India were merged with United India Insurance Company Limited. The Company has variety of insurance products to provide insurance cover from bullock carts to satellites. United India has been in the forefront of designing and implementing complex covers to large customers e.g. ONGC Ltd , GMR- Hyderabad International Airport Ltd, Mumbai International Airport Ltd Tirumala-Tirupati Devasthanam etc. 
Universal Sompo is a joint venture between Allahabad Bank, Indian Overseas Bank, Karnataka Bank Limited, Dabur Investments and Sompo Japan Insurance Inc. Three of the Indian partners are leading banks with a combined asset base of approx Rs. 204138 crores (as on 30th September 2008) and over 4000 branches and distribution centres, the 4th , Dabur, one of largest FMCG company in India with over 1.5 million retail outlets. Sompo Japan Insurance Inc. Headquartered in Tokyo, is a Fortune 500 Company with a capital of 70 billion yen, is present in 27 countries - has over 15,000 employees and 69,028 agents and its total premium income for 2006 - 2007 was in excess of (equivalent to) Rs.50,000 cr. twice that of the Indian General insurance industry.
