PNB Metlife India Limited


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.

Qualitative factors:

  • Their pan-India, multi-channel distribution network positions us to access a demographically and geographically broad customer base across India.
  • Their comprehensive product portfolio addresses the diverse and evolving needs of Indian customers, and is complemented by an end-to-end customercentric service experience.
  • Their scalable platform positions us for profitable growth.
  • Their experienced management team.

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