MetLife Bangladesh retains the highest financial rating
Dhaka November 08, 2023
[Dhaka, 08 November, 2023] MetLife Bangladesh has successfully retained AAA credit rating for its strong financial capability to operate smoothly and pay insurance claims without any financial difficulty. AAA is the highest rating available for an organization.
MetLife Bangladesh received this rating from Credit Rating Agency of Bangladesh (CRAB), a leading name in the country for credit research and analytics.
Since 2010, MetLife Bangladesh has consistently received the highest rating from CRAB, and that run continues with the AAA rating in 2023 for the 13th consecutive year. The rating reflects MetLife's strong competitive position, operating efficiency, sound profitability, high quality of assets, and sound liquidity position.
Commenting on this, MetLife Bangladesh’s Chief Executive Officer, Ala Ahmad, said, “Our excellent financial strength enables MetLife to operate smoothly and settle customer claims without delay or financial difficulty. AAA credit rating is more than an endorsement of our excellent financial strength; it is a reflection of our ongoing efforts to build trust in the insurance sector.”
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, 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. For more information, visit www.metlife.com
MetLife Bangladesh is the leading international life insurer in the country, serving over a million customers in Bangladesh. To learn more, please visit: www.metlife.com.bd