AIG’s Future plans Include holding onto Tata AIG

Reports suggest that AIG are likely to continue to hold on to their stake in its Indian insurance joint venture with Tata & Sons. Tata AIG is the name of the joint venture in life and general insurance which would require a further US$ 15 Million Rs. 69 Crore equity commitment from AIG over the next two years. It is highly unlikely that AIG will not be able to meet such a small commitment given the size of its balance sheet. Doing so would ensure it had exposure to one of the fastest growing economies globally with a population of over 1 Billion.

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