👥 HR & Workplace🇮🇳 India
MetLife Wants Majority Control of Its India Insurance Venture With PNB
Mint·Friday, 12 June 2026
US insurer MetLife is looking to increase its stake in PNB MetLife beyond its current 49.73% to gain majority control of the joint venture. The company wants to make India a core driver of its global business. It is actively exploring ways to make this happen.
Why It Matters
India's insurance market is growing fast, and this move signals that global companies see it as a major opportunity worth fighting for.
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