MetLife CFO John McCallion Provides First Quarter 2022 Financial Update Video

Rhea-AI Summary

MetLife, Inc. (NYSE: MET) has shared a financial update for Q1 2022 via a video presented by CFO John McCallion. The video is accessible on MetLife's website. Established in 1868, MetLife operates globally, providing insurance, annuities, and employee benefits in over 40 markets. The company emphasizes its commitment to helping customers build a confident future.

MetLife also outlined potential risks impacting its forward-looking statements, including economic conditions, regulatory changes, and investment-related challenges.

Positive

• MetLife operates in over 40 markets globally, showcasing strong international presence.
• CFO John McCallion's financial update indicates a proactive approach in communicating with investors.

Negative

• Forward-looking statements highlight numerous potential risks, including economic uncertainties and regulatory challenges.
• Risks related to credit ratings downgrades and investment volatility may affect future performance.

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced that Executive Vice President and Chief Financial Officer John McCallion has provided a first quarter 2022 financial update video.

The video can be viewed on the company's website at https://www.metlife.com/about-us/newsroom/#video.

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

Forward-Looking Statements

This news release may contain or incorporate by reference information that includes or is based upon forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give expectations or forecasts of future events and do not relate strictly to historical or current facts. They use words and terms such as “consistent,” “momentum,” “ongoing,” “remain” and “target,” and other words and terms of similar meaning, or that are otherwise tied to future periods or future performance, in each case in all derivative forms. They include statements relating to future actions, prospective services or products, future performance or results of current and anticipated services or products, future sales efforts, future expenses, the outcome of contingencies such as legal proceedings, and future trends in operations and financial results.

Many factors determine the results of MetLife, Inc., its subsidiaries and affiliates, and they involve unpredictable risks and uncertainties. Our forward-looking statements depend on our assumptions, our expectations, and our understanding of the economic environment, but they may be inaccurate and may change. MetLife, Inc. does not guarantee any future performance. Our results could differ materially from those MetLife, Inc. expresses or implies in forward-looking statements. The risks, uncertainties and other factors, including those relating to the COVID-19 pandemic, identified in MetLife, Inc.’s filings with the U.S. Securities and Exchange Commission, and others, may cause such differences. These factors include:

1. economic condition difficulties, including risks relating to public health, interest rates, credit spreads, equity, real estate, obligors and counterparties, currency exchange rates, derivatives, and terrorism and security;
2. global capital and credit market adversity;
3. credit facility inaccessibility;
4. financial strength or credit ratings downgrades;
5. unavailability, unaffordability, or inadequate reinsurance;
6. statutory life insurance reserve financing costs or limited market capacity;
7. legal, regulatory, and supervisory and enforcement policy changes;
8. changes in tax rates, tax laws or interpretations;
9. litigation and regulatory investigations;
10. London Interbank Offered Rate discontinuation and transition to alternative reference rates;
11. unsuccessful efforts to meet all environmental, social, and governance standards or to enhance our sustainability;
12. MetLife, Inc.’s inability to pay dividends and repurchase common stock;
13. MetLife, Inc.’s subsidiaries’ inability to pay it dividends;
14. investment defaults, downgrades, or volatility;
15. investment sales or lending difficulties;
16. collateral or derivative-related payments;
17. investment valuations, allowances, or impairments changes;
18. claims or other results that differ from our estimates, assumptions, or models;
19. global political, legal, or operational risks;
20. business competition;
21. technological changes;
22. catastrophes;
23. climate changes or responses to it;
24. deficiencies in our closed block;
25. goodwill or other asset impairment, or deferred income tax asset allowance;
26. acceleration of amortization of deferred policy acquisition costs, deferred sales inducements, value of business acquired, value of distribution agreements acquired or value of customer relationships acquired;
27. product guarantee volatility, costs, and counterparty risks;
28. risk management failures;
29. insufficient protection from operational risks;
30. failure to protect confidentiality and integrity of data or other cybersecurity or disaster recovery failures;
31. accounting standards changes;
32. excessive risk-taking;
33. marketing and distribution difficulties;
34. pension and other postretirement benefit assumption changes;
35. inability to protect our intellectual property or avoid infringement claims;
36. acquisition, integration, growth, disposition, or reorganization difficulties;
37. Brighthouse Financial, Inc. separation risks;
38. MetLife, Inc.’s Board of Directors influence over the outcome of stockholder votes through the voting provisions of the MetLife Policyholder Trust; and
39. legal- and corporate governance-related effects on business combinations.

MetLife, Inc. does not undertake any obligation to publicly correct or update any forward-looking statements if MetLife, Inc. later becomes aware that such statement is not likely to be achieved. Please consult any further disclosures MetLife, Inc. makes on related subjects in subsequent reports to the U.S. Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220504006012/en/

For Media:

Meredith Hyland

(212) 578-9415

Meredith.Hyland@metlife.com



For Investors:

John Hall

(212) 578-7888

John.A.Hall@metlife.com

Source: MetLife, Inc.

FAQ

What financial update did MetLife provide for Q1 2022?

MetLife announced a financial update for Q1 2022 through a video by CFO John McCallion.

Where can I view the MetLife Q1 2022 financial update?

The financial update video can be viewed on MetLife's official website.

What are the key risks mentioned by MetLife in their financial outlook?

MetLife cited risks such as economic condition difficulties, regulatory changes, and potential credit rating downgrades affecting their future performance.

What does MetLife offer through its services?

MetLife provides insurance, annuities, and employee benefits to help customers build a confident future.

In how many markets does MetLife operate?

MetLife operates in more than 40 markets worldwide.