Who is buying metlife bank




















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Develop and improve products. List of Partners vendors. What does that mean for the companies and their policyholders? For Farmers, the acquisition represents the chance to speed growth and boost national presence in the United States. As part of the deal, Farmers gets a year exclusive distribution agreement to sell its personal insurance products through MetLife's group benefits platform—which currently counts 3, companies and 37 million employees.

For eligible employees, that could bring a wider choice of insurance products offered from the Farmers portfolio. What is your job within the company type you selected?

This helps us to match your request to the right job specialist within our company. What is the name of your company? What can we help you with today?

Tell us what your area of interest is so we can get you the essential intelligence you need. What city do you reside in? This will help us connect you with the right person for your region. What country or region is your city in? The acquisition will add scale, provide growth opportunities and drive diversification in life and protection in markets with low insurance penetration rates. Having built our NN business in Greece since and in Poland since , we know and understand these markets well. While combining the strengths of both companies, we will continue to focus on the well-being of both our new and existing customers.

We look forward to welcome around 2. NN in Greece will further diversify its distribution platform by adding broker and direct channels.

The acquisition is expected to create synergies and to lead to an incremental operating capital generation of EUR 50 million per annum in excluding part of the synergies that will be capitalised via assumption changes, and to generate a double-digit return on investments. The transaction will be financed by a combination of cash capital at holding and around EUR million of local surplus capital. Closing of the transaction is subject to obtaining the necessary regulatory and competition clearances and is expected in the first half of World Show more World.

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