PNB MetLife India Insurance Company Limited (PNB MetLife) 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. PNB
MetLife was previously known as MetLife India Insurance Company Limited (MetLife
India) and has been present in India since 2001.
PNB MetLife brings together the financial strength of a leading global life insurance
provider, MetLife, Inc., and the credibility and reliability of PNB, one of India's
oldest and leading nationalised banks. The vast distribution reach of PNB together
with the global insurance expertise and product range of MetLife makes PNB MetLife
a strong and trusted insurance provider.
PNB MetLife is present in over 120 locations across the country and serves customers
in more than 7,000 locations through its bank partnerships with PNB, JKB and Karnataka
PNB MetLife provides a wide range of protection and retirement products through
its Agency sales of over 15,000 financial advisors and multiple bank partners, and
provides access to Employee Benefit plans for over 800 corporate clients in India.
With its headquarters in Bangalore and Corporate Office in Gurgaon, PNB MetLife
is one of the fastest growing life insurance companies in the country. The company
continues to be consistently profitable and has declared profits for last four Financial