More
    HomeBusiness & InvestmentsEconomicsMetropolitan Life reports 22 percent increase in gross written premiums in Q1

    Metropolitan Life reports 22 percent increase in gross written premiums in Q1

    Published on

    Metropolitan Life announces a 22 percent increase in gross written premiums for the first quarter of 2021, compared to 2020, ranking 2nd in the top of the largest life insurance companies in Romania.

    For the first three months of 2021, Metropolitan Life recorded gross written premiums amounting to 125 million RON, compared to the same period in 2020, when the value of gross written premiums amounted to 102 million RON.

    “2020 was a year in which we continued to consolidate operations and adapt our strategy to customer needs and the pandemic context. We have laid the foundations for a successful start to 2021, continuing to focus on expanding partnerships, digitizing, diversifying, and simplifying processes”, said Carmina Dragomir, CEO of Metropolitan Life.

    Regarding the allowances paid for the first quarter of 2021, they had a value of 38 million RON, 45 percent more than the same period in 2020, when they amounted to 26 million RON.

    Metropolitan Life is part of MetLife, Inc., one of the largest financial services companies in the world, and a branch of the Irish company Metlife Europe dac. employee benefits and asset management services. MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

    Latest articles

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...

    Cristian Pîrvulescu, ENEVO: “Energy transition enters new phase focused on grids, digitalization and cybersecurity”

    The energy transition has moved beyond simply installing renewable generation capacity and is entering...

    More like this

    Deutsche Bank’s Technology Centre in Romania doubles its workforce over the past five years, aims to hire 200 specialists in 2026

    DB Global Technology, Deutsche Bank’s technology centre in Romania, has doubled in size over...

    IULIUS to invest 9 million euros in refurbishing the Iulius Mall Iasi shopping center

    Companies IULIUS and Atterbury Europe are allocating 9 million Euro to revamp Iulius Mall...

    Patria Bank strengthens partnership with Alive Capital by financing renewable energy infrastructure

    Patria Bank announces the signing of a renewable energy supply agreement with Alive Capital,...