Why Buy TATA AIG?

• Tata AIG has been the undisputed market leader in the travel insurance market in India since inception in 2001 and till date enjoys the highest market share!
• Tata AIG is a JV with AIG holding 24% share and balance 76% with Tata Group ($29 billion Industrial conglomerate) and AIG in India.
• TATA AIG satisfies all statutory regulations of IRDA in India.
• Business Operations in 130 countries across the following lines of business - 2007 revenues were at $110 billion
• Tata AIG's Medical Assistance Company is AIG Assist which is an AIG group company - they have the largest network of hospitals in. At any given time the TATA AIG customer will have access to faster medical assistance services and more number of specialty hospitals
• Backed by the best service providers M/s ISOS for NON US and AIG Assist in US having AIR AMBULANCE facility and Good networking of hospitals throughout the world.
• AIG Travel Inc. is the worldwide Travel Insurance business which will do a business of $1.05 billion in 2008. The Travel Insurance operations are in around 80 countries across the world. Clearly the leader and the most preferred company for the longest time in the World Market!

Note on AIG and its Worldwide Operations

• Business Operations in 130 countries across the following lines of business - 2007 revenues were at $110 billion
• General insurance that includes Accident & Health of which Travel Insurance forms a major part
• Life Insurance and Retirement Services
• Financial Services that include Aircraft Leasing ,Consumer Finance, Credit Cards, Real estate , Private Banking,
• Asset Management & Private Equity

• Tata AIG General Insurance (that includes Travel) operations of Tata AIG come under the AIU (American International Underwriters) division of AIG which have the following financial highlights.

• $17.8 billion in revenue for 9 months 2008 which is estimated to touch $22 billion for the full year 2008
• $1.07 billion in underwriting profit for the first 9 months(ending August '08)( We have made profits even after the issues surrounded AIG last year)
• Identifiable assets were at $48.7 billion in 2007. Out of this Cash reserves were at $6 billion and Investments were at $23billion.The cash reserves of this division alone is bigger than the Size of the entire General insurance market in India!!!
• Employs 21,000 people across 80 countries
• All individual insurance companies in various countries including India fulfill all statutory regulations of the respective countries