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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.

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MetLife teams up with the New York Giants to sell co-branded first responder hats to support local nonprofit organizations. The hats will be available for purchase online and at MetLife Stadium starting October 29. A portion of the proceeds will benefit the New York City Police Foundation’s Far Rockaway & Harlem Giants, the New York City Fire Department’s FDNY Foundation, and the Port Authority Police Benevolent Association (PBA) Widow’s and Children’s Fund.
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MetLife announces strategic relationship with Nayya to enhance benefits experiences for employees
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MetLife announces fourth quarter 2023 common stock dividend
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MetLife to hold third quarter 2023 earnings conference call on November 2, 2023
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MetLife's 2022 Sustainability Report highlights their commitment to community engagement and support for underserved communities. They have pledged 800,000 employee volunteer hours and $150 million from MetLife Foundation. The foundation has launched a strategy to drive inclusive economic mobility and has aligned grants with the UN SDGs. The Inclusive Fintech 50 competition has attracted 1,343 applicants, reaching over 338 million customers and raising over $3.4 billion. MetLife Foundation is partnering with Generation and NPower to improve inclusion in the tech sector and provide pathways to economic prosperity. They also support initiatives for aging populations and vision care for students.
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MetLife's 2023 Pension Risk Transfer Poll shows that 89% of companies plan to fully divest their defined benefit pension plan liabilities, likely within 4.1 years. Inflation and rising interest rates are driving the trend, with macroeconomic concerns being the primary catalysts for pension risk transfer. Plan sponsors are taking proactive steps to prepare, including improving data quality and increasing plan contributions. When ready to transact, 58% of plan sponsors will use an annuity buyout. Split deals with multiple insurers are also becoming more popular for large transactions. Overall, the pension risk transfer market is expected to continue growing.
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MetLife promotes environmental stewardship through employee engagement programs and volunteer opportunities.
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MetLife's Legal Access Study finds offering legal services improves holistic health of employees and bolsters DEI initiatives
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MetLife introduces 360Health to Nepal and 360Future to Korea, bringing digital healthcare and retirement solutions to new markets in Asia.
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MetLife Foundation reaches $1 billion in giving
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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
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United States of America
NEW YORK