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Reading: American insurer Metropolitan Life sees 24% business increase in Romania in Q1
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TheLatin.News™ > Blog > News > Business > American insurer Metropolitan Life sees 24% business increase in Romania in Q1
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American insurer Metropolitan Life sees 24% business increase in Romania in Q1

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Last updated: August 28, 2024 9:00 pm
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Metropolitan Life, a leading life insurance provider in Romania, announced a 24% increase in gross written premiums for the first quarter of 2024. The company recorded gross premiums of RON 194 million (EUR 39 mln), up from RON 156 mln during the same period in 2023.

Metropolitan Life also saw a significant rise in payouts. During Q1 2024, the company paid compensations totaling RON 67.7 mln, marking a 58% increase from the RON 42.9 mln paid in the same period last year.

Metropolitan Life continues to focus on developing personalized financial protection solutions and optimizing its product and service offerings. The company aims to…



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