Metropolitan’s trading update for three months to 31 March 2009

26 May 2009 Metropolitan
Wilhelm Van Zyl, Group Chief Executive, Metropolitan Holdings Limited

Wilhelm Van Zyl, Group Chief Executive, Metropolitan Holdings Limited

Despite the global economic meltdown, Metropolitan recorded an 11% increase in new retail recurring premium business for the first quarter of 2009 thanks to thecontinued success of the targeted distributed strategy.

Pro-active management, including a strong focus on customer-aligned service, has meant that the group’s persistency experience is still holding upsurprisingly well.

The fact that Metropolitan is now a diversified financial services provider with a spread of revenue streams – asset management, corporate, health and international in addition to the well-established retail business – continues to enhance its income-generating capacity.

Click here to read the full report (PDF file 54kb)

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