Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG). Tata AIG General Insurance Company Limited was incorporated on 24th August 2000 and commenced operations on 22nd January 2001 on obtaining license from IRDAI. The company has made a mark in the industry by launching several innovative products and services over the years. Tata AIG combines the Tata Group's pre-eminent leadership position in India and AIG's global presence as the world's leading international insurance and financial services organization. The Tata Group holds 74 percent stake in this venture with AIG holding the balance 26 percent.