Sector
Financial Services – Life Insurance
PNB MetLife
Year of Investment
2019
Investment Status
Exited
Company Website
https://www.pnbmetlife.com
PNB MetLife, promoted by Metlife, USA and Punjab National Bank, is the 10th largest private life insurer in India.
The Company is focused on delivering value accretive growth underpinned by its product mix strategy towards traditional and protection products as well as from its focus towards the retail segment.
Company has a strong distribution in India through its bancassurance partnership with PNB, the 2nd largest bank platform in India. Additionally, it also has distribution partnerships with J&K Bank, Karnataka Bank and other regional rural banks amongst others.