MetLife India and Punjab National Bank join hands in a strategic insurance deal

MetLife and Punjab National Bank (PNB) have entered into a strategic business partnership to distribute life insurance products of MetLife. PNB has acquired a 30% stake in MetLife India's operations and a 10 year agreement to distribute its products through it's channels.

Final approval by the Govt. and financial regulators is awaited, post which MetLife would be known as PNB-MetLife India Insurance Company.

Read more on this here, Annuity News Journal

Birla Sun Life in a unique partnership with Career Launcher

Birla Sun Life Insurance Company Ltd. (BSLI) announced its partnership with Career Launcher, India’s leading education services provider, today. This tie-up is instrumental towards launching www.NotJobsButPassion.com, a comprehensive online property that aims to encourage parents to identify children’s innate strengths and help them find their real passion enabling them to pursue their career accordingly. The website acts as a one stop solution for parents to address career related concerns of their budding juniors.

This combined effort is intended at creating awareness about following one's passion as a career and is part of the latest 'Children’s Future Solutions' campaign of BSLI.

For more on this, read India InfoLine (IIFL)