According to industry disclosures, TATA AIG retains about 36% of premiums and risks, while the rest is shared with domestic co-insurers including GIC RE, United India Insurance, Oriental Insurance, Oriental Insurance and ICICI Lombard. Traditionally, Indian insurers retain only 5% of the total risk, and the balance comes down to the global reinsurance market. AIG, the U.S. co-owner of Tata AIG, is considered a major reinsurance company for the program.
