Recognition for its phenomenal and sustainable growth

New Delhi June 08, 2012: MetLife India Insurance Company Limited (MetLife), one of India’s leading life insurance companies, has been adjudged as the fastest growing company under the ‘Excellence in Growth Award 2012’ category at the Indian Insurance Awards 2012 held in Mumbai. Presented by SP Media, this prestigious insurance industry award has been conceptualized to honour performance, growth, product and market innovation, customer service and technology, and eventually raises the benchmark year on year as the awards mature.

‘Excellence in Growth Award 2012’ category seeks to applaud the comprehensiveness of growth achieved by a life insurance provider on all counts namely - coverage, volumes, revenues, business mix, product portfolio and market share. The award honors growth that appears to be sustainable in the long run. Through this award the jury seeks to commend the work of an insurer which has achieved healthy growth in the life insurance segment in the year 2011-12.

Commenting on winning this prestigious award, Mr. Rajesh Relan, Managing Director & Country Manager, MetLife India Insurance Company Limited said, “We are delighted and extremely proud to receive the ‘Excellence in Growth Award 2012’. This award is a testimony to our continuous efforts towards introducing innovative products and solutions for our customers. Besides this award is also a reflection of our team work and dedication to excel which has led the company to witness phenomenal growth in the recent past”.

Indian Insurance Awards are based on data collected through nomination forms submitted by those insurance companies who wish to nominate themselves for consideration for the awards. In addition to the data-based analysis, panel of experts provide qualitative and subjective inputs to ensure that the awards are in tune with market reality.

About MetLife India Insurance Company Limited (PNB MetLife) 
MetLife India Insurance Company Limited (MetLife) operates in India since 2001 and is an affiliate of MetLife, Inc. MetLife headquartered in Bangalore and Gurgaon, is one of the fastest growing life insurance companies in the country. It serves its customers by offering a range of innovative products to individuals and group customers through its 29 bank partners across retail and group business, strong broker network besides an agency force of over 30,000 financial advisors. MetLife declared profits of 35 Crores for the first time in year ended March 2011, making it one of the few profitable and growing life insurers in India. For more information about MetLife, please visit the company’s website at PNB MetLife.