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Srikalahasthi Pipes Limited

Chittoor, Andhra Pradesh
 
Tata AIA Life Insurance Company Limited
 
 
 

Last Updated on February 22, 2021

 

Implementing Partners

  • Oscar Foundation
  • Foundation of Academic Excellence & Access
  • Tata Trust
  • Tata Power Community Development Trust
  • Laxmi Charitable Trust
 
 
 

Thematic Areas

  • Preventive Healthcare, Water and Sanitation
  • Education, Employability and Livelihoods Enhancement
  • Gender, Equality and Women Empowerment, Senior Citizens Care
 
 
 
 
 

Tata AIA Life Insurance Company Limited

14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai , Maharashtra
 

Sector : Miscellaneous

International Origin : No

Company Type:

 
 

CSR Financial Details (INR Cr.)

Year
Actual CSR
Prescribed CSR
2019-2020
0.81 Cr
1.05 Cr
2018-2019
0.74 Cr
0.74 Cr
2016-2017
0.55 Cr
0.00 Cr
View all
 


Financial Insights

Estimated Prescribed CSR Budget FY 2020-21: INR 2.05 Cr


Company’s Statement for unspent in FY 2019-20: The Company could not spend the entire amount
because it was considering various proposals for undertaking long term infrastructure development
like building toilets and classrooms in Schools for its ongoing CSR initiatives.

Company’s Statement for unspent in FY 2019-20: The Company was required to spend Rs. 1.05 crores for FY 2019-20 for CSR projects. Rs. 80,79,918/- was spent towards Corporate Social Responsibility (CSR) related activities in the areas of health and wellness, women empowerment and sports & education. The balance amount of Rs. 24,20,082/- has been pledged towards prevention and treatment of COVID-19, which will be spent in the first quarter of the FY 2020-21 after necessary approval from the Board Committee.

 

About the company

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.

 

Headquarter and Plant/Office Locations

Headquarter: Mumbai-Maharashtra
 
Plant/Office Locations:
 

CSR projects of the company

 
Women Empowerment Program
Project Budget: INR 0.20 Cr
The company helped in supporting creation of livelihood amongst tribal women and girls.....
 
More CSR Info >>
 
Promotion of Healthcare and Sanitation
Project Budget: INR 0.45 Cr
The company helped in the promotion of menstrual hygiene amongst tribal women and girls. The company....
 
More CSR Info >>
 
Promotion of Education
Project Budget: INR 0.16 Cr
The company provided education and football coaching of girl's students. The company also provided a....
 
More CSR Info >>
 
 
 

 
 

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Srikalahasthi Pipes Limited

Chittoor, Andhra Pradesh