Business Forum • 3 October, 2024 at 11:36 AM
Metropolitan Life, one of the most important players in the life insurance market in Romania, announces a 21.11% increase in gross written premiums in the first six months of 2024 compared to the same period of the previous year. In the first half of 2024, Metropolitan Life recorded gross written premiums amounting to RON 377.9 million, compared to the same period in 2023, when the gross written premiums amounted to RON 312 million.
“The 21.11% growth in gross written premium volume achieved in the first six months of 2024 reconfirms the commitment of the Metropolitan Life team to respond with excellence to the needs of a dynamic market and reflects the confidence of our customers in the financial protection products and services we offer. We continue to invest in the development of our personalized product portfolio, in digitalization and innovation to provide people with the security they need, strengthening Metropolitan Life's position as a trusted partner for Romanians,” said Carmina Dragomir, CEO of Metropolitan Life.
Additionally, in the first half of 2024, Metropolitan Life paid allowances amounting to a total value of RON 121.5 million, an increase of 36.72% compared to the same period in 2023, when their total amount reached RON 88.8 million.
MetLife, Inc., through its subsidiaries and affiliates, is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East.