AmMetLife

AmMetLife is the name of Malaysian life insurance company, AmMetLife Insurance Berhad, and family takaful operator, AmMetLife Takaful Berhad. The companies are joint ventures between AmBank Group and New York-based MetLife. They offer a range of insurance and wealth protection products through AmBank's branch offices.^[1]

AmMetLife Insurance Berhad

Company type	Private limited company
Industry	Insurance
Predecessor	AmLife Insurance Berhad
Founded	30 April 2014; 10 years ago (2014-04-30)
Headquarters	Menara 1 Sentrum Jalan Tun Sambanthan, Kuala Lumpur , Malaysia
Key people	Rangam Bir (CEO) Sathasivan Kunchamboo (Chairman)
Products	Life insurance
Parent	MetLife International Holdings Inc. (50% + 1 share) (MetLife) AMMB Holdings Berhad (50% – 1 share)
Website	www.ammetlife.com

AmMetLife Takaful Berhad

Company type	Private limited company
Industry	Takaful
Predecessor	AmFamily Takaful Berhad
Founded	30 April 2014; 10 years ago (2014-04-30)
Headquarters	Menara 1 Sentrum Jalan Tun Sambanthan, Kuala Lumpur , Malaysia
Key people	Noor Azam Mohd Yusof (CEO) Azman Hashim (Chairman)
Products	Family Takaful
Parent	AMMB Holdings Berhad (50% + 1 share) MetLife International Holdings Inc. (50% – 1 share) (MetLife)
Website	www.ammetlifetakaful.com

AmMetLife was formed when MetLife agreed to purchase stakes in AmBank Group's life insurance and family takaful businesses for RM812 million.^[2] The deal closed in April 2014.^[3] MetLife has 50 percent plus one share in AmMetLife Insurance and 50 percent less one share in AmMetLife Takaful.^[4] As part of the deal, AmMetLife has an exclusive 20-year agreement to sell insurance and takaful products through AmBank and AmIslamic Bank.^[2]

As of March 2015, AmMetLife had an agency force of 1,100 and had the 10th highest market share among 14 life insurers in Malaysia.^[1]