Joint Venture Partners

AXA Asia Pacific Holdings (through NMIPL)

National Mutual International Pty. Limited (NMIPL) is wholly owned subsidiary of AXA APH. AXA Asia Pacific Holdings Ltd. (AXA APH) is listed on the Australian stock exchange and is 52.3% owned by AXA SA. AXA APH is responsible for AXA SA’s life insurance and wealth management businesses in the Asia-Pacific region. It has operations in Australia, New Zealand, Hong Kong, Singapore, Indonesia, Philippines, Thailand, China, India and Malaysia. AXA APH had A$83.9 billion in total funds under management and administration as on 31 December 2008 and reported a profit after tax of A$278.7 million for the year ending, December 2008. (Source: AXA APH)

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Bharti Ventures Limited

Bharti Ventures Limited is part of the Bharti Group, one of India's leading business houses. A dynamic conglomerate with business interests in diverse fields including Telecom Services, Software, Insurance and Retail. Bharti Airtel Limited, the group's flagship company is among the top 5 listed entities in market capitalization in India, boasting of over 137.6 million customers and annualized revenue of Rs. 396,150 million as on March 31, 2010. (Source: Bharti Airtel)

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