MetLife pays out £50M in claims during Q3

Across individual, group life and group IP

John Brazier
clock • 1 min read
MetLife pays out £50M in claims during Q3

MetLife UK has recorded pay outs of nearly £50 million during third quarter this year across its individual protection, group life and group income protection lines.

The provider stated individual protection claims totalled 4,025 during the period, it's second-highest quarterly volume, with pays out totalling £3.4m. This brought the total volume of individual claims paid out in the first three quarters of 2021 to 12,000, just below the total volume of 14,000 last year. MetLife's employee benefits group life business paid out £38.75m across 378 claims during the period, its joint second highest ever volume of claims paid - behind Q2 2021 which was driven by...

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