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MetLife acquires additional stake in PNB MetLife

PRIVATESep 28, 2026

Acquiring Company

MetLife Investment Management

Acquired Company

PNB MetLife India Insurance

New YorkIndiaFinancial ServicesInsurance

Description

MetLife International Holdings has acquired an additional 0.5% stake in PNB MetLife India Insurance, raising its total holding to 50.23%. The acquisition involves 10,247,348 shares purchased from Jammu & Kashmir Bank. This transaction will not change the existing framework of joint control arrangement at PNB MetLife.

Company Information

Company

MetLife Investment Management

Location

New York, New York, United States

About

MetLife Investment Management (MIM) is the institutional asset management business of MetLife, Inc. It is a global public fixed income, private capital, and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MIM has over 150 years of investment experience and is a top 25 institutional investment manager globally by assets under management.

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Frequently asked

Who acquired PNB MetLife India Insurance?

PNB MetLife India Insurance was acquired by MetLife Investment Management, based in New York. The deal was reported on September 28, 2026. MetLife Investment Management (MIM) is the institutional asset management business of MetLife, Inc. MetLife Investment Management is privately held.

When did MetLife Investment Management acquire PNB MetLife India Insurance?

MetLife Investment Management's acquisition of PNB MetLife India Insurance was reported on September 28, 2026. MetLife International Holdings has acquired an additional 0.5% stake in PNB MetLife India Insurance, raising its total holding to 50.23%. The acquisition involves 10,247,348 shares purchased from Jammu & Kashmir Bank. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PNB MetLife India Insurance do?

PNB MetLife India Insurance is a leading insurance company in India, offering a wide range of insurance products and services to its customers. It has a strong presence with 149 branches in over 18,600 locations through bank partnerships. It is privately held, operating in Financial Services, and is based in India.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.