Insurance     15-Jul-23 PNB MetLife Insurance claim settlement ratio crosses 99% in FY23 PNB MetLife Insurance on Saturday said it has achieved a claim settlement ratio of 99.06% and 99.70% for individual and group customers' claims in the financial year 2022-23, respectively. “Punjab National Bank promoted life insurer paid 19,768 claims totaling Rs 829.79 crore, demonstrating its deep commitment to standing by customers when it matters the most”, PNB MetLife Insurance said in a statement. While this is the company's highest claims settlement performance for both individual and group customers in the last three years, PNB MetLife has consistently paid over 97% of claims demonstrating the company's strong claim management practices and high-quality customer service. Ashish Kumar Srivastava, MD & CEO of PNB MetLife India Insurance said "Our commitment to investing in cutting-edge solutions and fostering a culture of innovation ensures that we deliver a smooth and hassle-free customer experience." Previous News   PNB MetLife India Insurance Company standalone net profit rises 702.51% in the March 2024 quarter  ( Results - Announcements 22-Jun-24   07:34 )   PNB MetLife India Insurance Company Limited: [ICRA]AA+(Stable) assigned to subordinated programme  ( Press Releases - 17-Dec-21   09:56 )   PNB MetLife partnership with IPPB to expand life insurance access nation wide  ( Insurance - 30-Jan-25   13:52 )   PNB MetLife India Insurance Company standalone net profit rises 21.24% in the September 2024 quarter  ( Results - Announcements 02-Dec-24   08:35 )   PNB MetLife Insurance appoints Sameer Bansal as new MD & CEO  ( Insurance - 06-Jun-24   14:42 )   PNB MetLife India Insurance Company standalone net profit rises 294.07% in the March 2023 quarter  ( Results - Announcements 08-May-23   07:34 )   PNB MetLife India Insurance Company standalone net profit declines 23.71% in the December 2023 quarter  ( Results - Announcements 29-Jan-24   12:33 )   MetLife to Increase stake in PNB Metlife with Punjab National Bank  ( Insurance - 04-Oct-21   20:06 )   PNB Met life announces Rs 768.6 crore bonus to policyholders  ( Insurance - 20-Jun-23   19:20 )   PNB MetLife Insurance announces Rs 532 crore bonus for policyholders in FY21  ( Insurance - 16-Jul-21   17:30 )   PNB MetLife Insurance appoints Vijayalakshmi Natarajan as chief risk & compliance officer  ( Insurance - 26-Mar-24   18:00 )	Other Stories   Axis Max Life Insurance launches ‘Smart Innovation Fund’ attracts High-Growth Sectors   18-Mar-25   09:39   Life insurance sector new business premiums down 8.15% to Rs 30,825 crore in January   08-Feb-25   09:57   PNB MetLife partnership with IPPB to expand life insurance access nation wide   30-Jan-25   13:52   HDFC Life Insurance joins hands with CARS24 financial services for corporate agency tie-up   22-Jan-25   10:53   Life insurer sector new business premium down 21.7% to Rs 30,218.71 Crore in December   11-Jan-25   09:38   Go Digit Life unveils its new term plan 'Digit Glow Term Life Insurance'   06-Jan-25   11:45   Axis Max Life launches its new index based fund ‘Axis Max Life Sustainable Wealth 50 Index Fund’   03-Jan-25   11:56   Tata AIA Life Insurance launches its New Fund ‘Multicap Momentum Quality Index Fund’   24-Dec-24   16:50   Max Life rebrands to Axis Max Life Insurance with ‘Double Bharosa’ campaign   15-Dec-24   16:23   Life insurance premium income fell 4.5% to Rs 25,306.56 crore in November   10-Dec-24   20:30
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