Aviva Life Insurance

Aviva Plc is UK's largest and the world's fifth largest insurance Group. It is one of the leading providers of life and pensions products to Europe and has substantial businesses elsewhere around the world. With a history dating back to 1696, Aviva has a 30 million customer base worldwide. It has more than £240 billion ($430 billion) of assets under management.

In India, Aviva has a long history dating back to 1834. At the time of nationalisation it was the largest foreign insurer in India in terms of the compensation paid by the Government of India. Aviva was also the first foreign insurance company in India to set up its representative office in 1995.

Aviva has a joint venture with Dabur, one of India's oldest, and largest Group of companies with annual sales in excess of Rs 1,350 crores. A professionally managed company, Dabur is the country's leading producer of traditional healthcare products.

In accordance with the government regulations Aviva holds a 26 per cent stake in the joint venture and the Dabur group holds the balance 74 per cent share. Since the time it started operations in July 2002, Aviva India has a lot of firsts to its credit. Aviva India was the first country to use the Aviva brand name. Within a span of one year Aviva has been able to extend its presence to 28 branch offices (including rural branches) in 25 locations across the country. Through the Bancassurance partnerships, Aviva products are available in over 131 locations in the country.