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

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.

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