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[Dhaka, May 21, 2025] 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 Bangladesh's Chief Executive Officer, Ala Ahmad, said, “By settling the highest amount of claims in 2024, we’ve shown that MetLife stands firmly behind its commitment. Every claim we pay is a reflection of our promise to be there when our customers need us most."
Industry wise claims data can be found in here: https://idra.org.bd/sites/default/files/files/idra.portal.gov.bd/miscellaneous_info/4e6090be_d3b4_4a46_bd9f_0d27a130d711/2025-05-15-11-53-c663ca0ae44f9cf768d46ab5da226a6d.pdf
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About MetLife
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
Contact:
Saifur Rahman
Director & Head of Communications
MetLife Bangladesh
Cell: +880 1313089065, Email: md-saifur.rahman@metlife.com.bd