METLIFE BANGLADESH SETTLES THE HIGHEST AMOUNT OF CLAIMS IN 2024

According to the data published by Insurance Development and Regulatory Authority (IDRA), MetLife Bangladesh has settled the highest amount of claims among all the life insurance companies in Bangladesh in the year 2024. The company settled 2,895 crore taka in claims that year. MetLife has maintained strong claims settlement ratio of 97.79%, also one of the highest settlement ratios in the industry.

 

Of the total claims settled, claims for health and medical expenses were 237 crore taka, death claims amounted to 140 crore taka, and maturity, partial maturity, and others were a total of 2,518 crore taka.
In the last 5 years (2020-2024) MetLife Bangladesh has settled more than 11,400 crore taka as insurance claims.
 

 

METLIFE CUSTOMERS WILL RECEIVE EXCLUSIVE DISCOUNTS AT CROSSFIT ASSEMBLE FITNESS CENTER

 

 

 

MetLife Bangladesh signed a Memorandum of Understanding (MOU) with CrossFit Assemble. Through this MoU, customers of MetLife Bangladesh will receive a discount up to 49% on gym subscription fees.

 

Policy-owners can avail the discount by showing their MetLife issued Life Card which is also digitally available in One by MetLife mobile app.

 

The MoU is part of MetLife's continuous efforts to offer lifestyle centric benefits to policy-owners. CrossFit Assemble is a renowned name in the fitness field of Bangladesh for their exclusive strength and conditioning programs.

 

The MoU was signed between Md. Aminul Haque Nabil, founder of CrossFit Assemble and Nowfel Anower, Chief Marketing Officer, MetLife Bangladesh.

 

 

XIAOMI TECHNOLOGIES BANGLADESH PRIVATE LIMITED TO GET INSURANCE SERVICES FROM METLIFE

 

 

 

Xiaomi Technologies Bangladesh Private Limited, one of the leading technology companies in Bangladesh, recently penned an agreement with MetLife Bangladesh to provide insurance benefits to its employees.

 

Under this agreement, employees of Xiaomi Technologies Bangladesh will receive insurance coverage for unforeseen incidents, including loss of life, accidents, disability, hospitalization, maternity, and critical illnesses.

 

The company has selected MetLife Bangladesh as its insurance provider due to MetLife's consistent track record of claims settlement, customized solutions, advanced dashboards, cashless outpatient and ambulance services, and financial strength, which enables it to settle claims faster and without hassle.

 

Established in 2010, Xiaomi Technologies is a global company operating in over 100 countries and regions.

 

In Bangladesh, MetLife provides insurance protection to over 1 million individual customers and 900 organizations. In 2024, MetLife Bangladesh policyholders received approximately BDT 2,895 crore in claims, which was the highest amount settled among all life insurance companies operate the country.

 

The agreement signing was held at the Xiaomi Technologies Bangladesh Private Limited head office.

 

Xiaomi Technologies Bangladesh Country Manager Ziauddin Chowdhury; MetLife Bangladesh Chief Marketing Officer Nowfel Anower and Chief Corporate Business Officer Mohammad Kamruzzaman were present at the event along with other senior officials from MetLife Bangladesh and Xiaomi Technologies.