PNB MetLife Insurance started its operations in 2001. PNB MetLife Insurance operates a Circle of Life philosophy for its products and solutions and Meets the financial needs covering 4 different stages of their life – children's education, family security, long term savings and retirement. PNB MetLife Insurance came into existence in 2001 and has been continuously profitable for its customers since then. MetLife International Holdings LLC (MIHL), Jammu and Kashmir Bank Limited (JKB), Punjab National Bank Limited (PNB) is a joint venture between Ampolonji & Company and other financial backers, in which MIHL and Punjab National Bank are the majority shareholders. PNB MetLife Insurance has a strong operating network through multi channel distribution with bancassurance, agency and direct channels. PNB MetLife Insurance is present in 117 locations across the country and PNB MetLife Insurance, JKB, KBL And through its strong banking partnerships with other banking partners, it reaches over 206 million customers across over 15,000 locations. Solvency Ratio - According to IRDAI Annual Report 2023-24, the solvency ratio of PNB MetLife Insurance is 1.9. Solvency ratio helps potential policyholders to assess the company's ability to meet its financial obligations and its reputation. Till now IRDAI has It has been made mandatory for the insurance company to maintain a solvency ratio of 1.5. Claim Settlement Ratio Claim support of an insurer is a metric that helps you understand its goodwill by analyzing its claims handling ability. As per IRDAI's annual report for 2023-24, the claim support (settlement) of PNB MetLife Insurance is 97.80%. You can rest assured to join PNB MetLife Insurance.