STOCK TITAN

MetLife, Inc. - MET STOCK NEWS

Welcome to our dedicated page for MetLife news (Ticker: MET), a resource for investors and traders seeking the latest updates and insights on MetLife stock.

MetLife, Inc. (NYSE: MET), established in 1868, is one of the world’s largest life insurance companies. Headquartered in New York, MetLife operates through its subsidiaries and affiliates to provide a wide range of financial services, including life insurance, annuities, employee benefits, and asset management. Serving approximately 100 million customers, MetLife has a presence in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe, and the Middle East.

Core Business: MetLife's business is organized into five primary segments: US, Asia, Latin America, EMEA (Europe, Middle East, and Africa), and MetLife Holdings. The US segment, which includes group benefits and retirement solutions, contributes around 50% of the company's earnings. The Asia segment, primarily driven by operations in Japan, and increasingly in India, China, and Bangladesh, contributes about 22% of earnings. The Latin America segment, with strong positions in Mexico and Chile, contributes about 13% of earnings, while the EMEA and MetLife Holdings segments contribute approximately 4% and 11% respectively.

Recent Achievements and Current Projects: MetLife has been expanding its digital capabilities and enhancing its customer experience through technology-driven solutions. The company has introduced several innovative products and services aimed at providing comprehensive life insurance and financial planning solutions. In addition, MetLife has formed multiple strategic partnerships to strengthen its market presence worldwide.

Financial Condition: MetLife is financially robust, consistently demonstrating strong performance and stability. The company has a well-diversified portfolio and a solid balance sheet, which enable it to navigate market fluctuations effectively. MetLife’s commitment to maintaining financial strength is reflected in its consistent earnings and prudent risk management practices.

Diversity and Inclusion: MetLife is dedicated to fostering a diverse and inclusive workforce. The company is an equal opportunity/affirmative action employer and is committed to attracting, retaining, and maximizing the performance of a diverse and inclusive team. MetLife ensures equal employment opportunities without discrimination or harassment based on race, color, creed, religion, national origin, citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, and other protected statuses.

For more information, visit the official website: www.metlife.com.

Rhea-AI Summary
MetLife, Inc. (MET) has received multiple recognitions from Seramount for its hiring practices, talent development programs, workplace culture, and commitment to fostering an inclusive environment. The company has been named to the 2023 Global Inclusion Index for several countries, achieved Leading Company status on the U.S. Inclusion Index for the 4th consecutive year, and earned a spot in the Hall of Fame on the Top Companies for Executive Women list for over 15 appearances. Additionally, MetLife has been recognized for the 6th year on the Best Companies for Multicultural Women list. These recognitions reflect the company's dedication to diversity, equity, and inclusion across its global operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
none
-
Rhea-AI Summary
MetLife, Inc. (NYSE: MET) announced that its president and CEO, Michel Khalaf, and CFO John McCallion will participate in a fireside chat at the Goldman Sachs 2023 U.S. Financial Services Conference on December 5, 2023. The chat will be available via live webcast, with a replay available afterward until December 12, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
conferences
-
Rhea-AI Summary
Global Atlantic Financial Group (NYSE: MET) has closed a reinsurance agreement with MetLife, Inc., transferring general account assets for a seasoned and diversified block of MetLife’s U.S. retail annuity and life insurance business. The deal, signed in May, involves approximately $13 billion in assets and further solidifies Global Atlantic's position as a leading reinsurer in the annuity and life insurance marketplace. With a 20-year track record and over 25 clients, the company has reinsured more than $110 billion of assets since inception.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
Rhea-AI Summary
MetLife, Inc. (NYSE: MET) Completes Risk Transfer Transaction with Global Atlantic Financial Group, Accelerating Run-Off of Closed-Block Businesses. MetLife remains as administrator and service provider for the policies to be reinsured, with MetLife Investment Management managing a significant amount of the assets under a five-year investment management agreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
none
-
Rhea-AI Summary
MetLife, Inc. (NYSE: MET) and MetLife Foundation announced a $30 million multi-year commitment to support Upstate New York, including a $1 million impact investment to Launch NY for promoting entrepreneurship. Governor Kathy Hochul praised the private sector investment for moving Utica and the Mohawk Valley in the right direction. MetLife's strategy focuses on inclusive economic mobility and strengthening communities. The $1 million investment in Launch NY will drive local employment and entrepreneurship opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.23%
Tags
none
-
Rhea-AI Summary
MetLife, Inc. (NYSE: MET) recognized for inclusive workforce programs and named to Best Adoption-Friendly Workplaces™ list. For 16th year in a row, MetLife earns spot on list for employee adoption benefits, parental leave policies, and flexible work culture. The Dave Thomas Foundation for Adoption partnered with RTI International to survey U.S. employers and score participants based on financial reimbursement, paid leave, and percentage of employees eligible for those benefits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
none
Rhea-AI Summary
MetLife Foundation has announced the recipients of its Community Impact Grant Program (CIGP), which aims to support grassroots non-profit organizations in the U.S. The first round of funding awarded non-profit organizations between $5,000 - $15,000 in programmatic support. The grant program focuses on improving quality of life, addressing food insecurity, and promoting physical and mental well-being. The recipients include non-profits in Cary, NC; Dallas, TX; Newark, NJ; New York, NY; Omaha, NE; and Scranton, PA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
none
-
Rhea-AI Summary
MetLife, Inc. (NYSE: MET) has released a third quarter 2023 financial update video by Executive Vice President and CFO John McCallion. The video can be viewed on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
-
Rhea-AI Summary
MetLife, Inc. (NYSE: MET) reported its third quarter 2023 results. Net income was $422 million, compared to $1.1 billion in the same quarter last year. Adjusted earnings were $1.5 billion, up from $1.1 billion in Q3 2022. Book value per share decreased by 10% to $29.34. Return on equity (ROE) was 7.0% and adjusted ROE was 14.9%. The company had $4.9 billion in cash and liquid assets at the end of September 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
Rhea-AI Summary
Centro Benefits Research has launched a broker-carrier RFP and Quoting API integration with MetLife for employee benefits products. This innovation will improve speed, accuracy, operational efficiency, and cost in the quoting process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
none

FAQ

What is the current stock price of MetLife (MET)?

The current stock price of MetLife (MET) is $86.59 as of November 22, 2024.

What is the market cap of MetLife (MET)?

The market cap of MetLife (MET) is approximately 59.9B.

What is MetLife, Inc.?

MetLife, Inc. is one of the largest life insurance companies in the world, providing life insurance, annuities, employee benefits, and asset management.

When was MetLife founded?

MetLife was founded in 1868.

How many customers does MetLife serve?

MetLife serves approximately 100 million customers globally.

In how many countries does MetLife operate?

MetLife operates in nearly 50 countries.

What are the main business segments of MetLife?

The main business segments are US, Asia, Latin America, EMEA, and MetLife Holdings.

What percentage of MetLife’s earnings comes from the US segment?

The US segment contributes around 50% of MetLife’s earnings.

What recent achievements has MetLife made?

MetLife has expanded its digital capabilities and introduced several innovative products and services.

Is MetLife committed to diversity and inclusion?

Yes, MetLife is committed to fostering a diverse and inclusive workforce and is an equal opportunity/affirmative action employer.

Where can I find more information about MetLife?

More information can be found on MetLife’s official website: www.metlife.com.

What is MetLife's financial condition?

MetLife is financially robust with a well-diversified portfolio, solid balance sheet, and consistent earnings.

MetLife, Inc.

NYSE:MET

MET Rankings

MET Stock Data

59.89B
578.67M
16.41%
75.61%
0.84%
Insurance - Life
Life Insurance
Link
United States of America
NEW YORK