PNB Metlife India was one of the top 10 private life insurance companies in India
based on total new business premium in Fiscal 2019 and ais growing rapidly with a
compounded annual growth rate of 19.85% in total new business premium from
Fiscal 2015 to Fiscal 2019, according to CRISIL .Their history and relationships with
MetLife and PNB have enabled them to become a strong, professionally managed
company with the capabilities necessary to take advantage of significant
opportunities in the fast growing Indian life insurance market.
They have a pan-India, multi-channel distribution network and a comprehensive
product portfolio and provide an end-to-end customer-centric service experience.
Their product portfolio covers three principal customer needs – savings, protection
and pension, which in Fiscal 2018 accounted for 82.10%, 14.89% and 3.01% of our
total new business premium, respectively, and 93.41%,4.09% and 2.51% of their
individual new business premium, respectively.
The Promoters of this company are PUNJAB NATIONAL BANK and METLIFE
INTERNATIONAL HOLDINGS, LLC. and are the guiding force behind the growth
and strategic decisions of the Company.