India's 1st IRDAI Approved Insurance Web Aggregator
PNB MetLife India Insurance Company is a joint venture between MetLife International Holdings Inc. (MIHI), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private Limited and other private investors, with MIHI and PNB being the majority shareholders
The Metropolitan Life Insurance Company (MetLife), is a leading insurance service provider in the United States It has a business presence in other regions life Asia Pacific, Latin America and Europe also. Jammu and Kashmir Bank Limited was the first in the country as a State owned bank and today the bank has more than 500 branches across the country. M. Pallonji and Co. Pvt. Ltd. is primarily engaged in contracting and has site offices all over India with major contracts for power generating stations (hydroelectric and thermal), chemical and fertiliser factories, petroleum refineries, offshore oil and gas platforms, etc.
PNB MetLife India Insurance Company has a wide range of insurance products to service its customers. It has more than 50,000 insurance advisors who help customers choose the right insurance plans in more than 600 locations across India. The partner institutions also enable them to distribute their insurance products to a large number of customers.
Ashish Kumar Srivastava is the Managing Director & CEO of PNB MetLife India Insurance Company.
| Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|---|---|---|---|
| Claims ratio | 92.86 | 85.36 | 87.14 | 91.12 | 96.21% | - | - | - | Yet to be published |
| Year | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 |
|---|---|---|---|---|---|---|---|---|---|
| Market share | 0.7 | 0.7 | 0.7 | 0.7 | 0.78 | - | - | - | Yet to be published |
