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) generates a steady flow of news as a global financial services company focused on insurance, annuities, employee benefits and asset management. Founded in 1868 and operating in more than 40 markets worldwide, the company regularly issues updates that reflect its broad presence in the United States, Asia, Latin America, Europe and the Middle East.
On this page, readers can follow MET news related to quarterly and annual earnings, capital management actions, and strategic initiatives. MetLife frequently announces earnings results, preliminary financial information and outlook details through news releases and accompanying financial supplements. These updates often address adjusted earnings, net investment income, variable investment income and segment performance across Group Benefits, Retirement and Income Solutions, regional insurance businesses and MetLife Investment Management.
MetLife news also covers strategic transactions and partnerships. Recent communications include a variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company, the acquisition of PineBridge Investments, LLC and certain affiliates by MetLife Investment Management, and collaborations to expand access to institutional income annuities within defined contribution plans. Additional announcements highlight partnerships in areas such as pet insurance distribution and digital leave support solutions for employees.
Investors and observers can also track dividend declarations on common and preferred stock, research-driven insights like the U.S. Employee Benefit Trends Study, and philanthropic initiatives through MetLife Foundation. For those monitoring MET, this news feed provides a centralized view of the company’s financial disclosures, product and partnership developments, and broader corporate activities.
In October, MetLife celebrated its second annual Asia Corporate Social Responsibility Month, aligning with the global 'Volunteering with Purpose' campaign. Employees across nine Asian markets contributed over 6,000 volunteer hours to community and environmental initiatives, including assembling prosthetic hands and athletic kits for the Special Olympics. Highlights include 4000+ girls in India benefiting from menstrual health awareness programs and significant participation in an EcoChallenge that saved thousands of disposable items from landfills. MetLife aims to foster community engagement while reinforcing its corporate values.
MetLife, Inc. (NYSE: MET) has been recognized on Seramount's 2021 Top Companies for Executive Women list, marking its 14th achievement in promoting women's advancement in the workplace. The evaluation focused on key areas like gender pay parity and support programs. MetLife's Gender Equity Initiative emphasizes diversity and inclusion through leadership development and flexible workplace policies. Additionally, MetLife was the first US insurer to endorse UN Women’s Empowerment Principles, celebrating its commitment to gender equality.
State Street Global Advisors has launched IncomeWise™, a deferred lifetime income solution, within the University of California's defined contribution plans, serving over 300,000 participants with assets exceeding $34.6 billion.
IncomeWise™ combines traditional target date funds' flexibility with guaranteed lifetime income, addressing growing retirement security needs. The solution utilizes a qualified longevity annuity contract (QLAC) to convert savings into a secure income stream during retirement. State Street partnered with MetLife for annuity provision, aiming to enhance financial stability for participants.
MetLife, Inc. (NYSE: MET) has announced that Michel Khalaf, CEO, and John McCallion, CFO, will participate in a fireside chat at the Goldman Sachs 2021 US Financial Services Conference on December 8, 2021, at 8:40 a.m. ET. A live webcast will be available online, and listeners should join 15 minutes early to ensure proper setup. The replay will be accessible about 12 hours after the event until December 15, 2021, at 11:59 p.m. ET. MetLife is a top global financial services provider, operating in over 40 markets.
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MetLife hosted its third annual Women in Tech conference, Triangle Tech X, from October 26-27, 2021, addressing strategies to support women in STEM careers. Featuring discussions with executives from MetLife and prominent organizations, the conference emphasized actionable insights for employers to sustain female talent in the workforce. Key speakers noted the critical role of employer-provided benefits in retaining women in STEM, particularly in the post-pandemic landscape. MetLife's commitment to empowering women through flexible work arrangements was also highlighted, showcasing its efforts to foster diversity and inclusion.
MetLife Investment Management has achieved a 5-star rating from the Global Real Estate Sustainability Benchmark (GRESB) for two real estate partnerships for the second consecutive year. The partnerships with Norges Bank Investment Management and New York State Common Retirement Fund are recognized as "Sector Leaders." A third real estate portfolio also received a 4-star rating. MIM aims for carbon neutrality through its MetZero™ initiative and plans to power all managed investments with 100% renewable electricity by 2030, underpinning its commitment to sustainable investing.
MetLife, Inc. (NYSE: MET) has released a financial update video for Q3 2021, presented by CFO John McCallion. The video outlines key financial metrics and performance indicators for the quarter, available on MetLife's website.
The company continues to operate in over 40 markets globally, providing a range of financial services, including insurance and asset management. Investors are encouraged to view the full release for comprehensive insights into MetLife's financial standing.
MetLife, Inc. (NYSE: MET) reported a robust third quarter 2021, showcasing a net income of $1.5 billion or $1.77 per share, significantly up from $633 million or $0.69 per share in Q3 2020. Adjusted earnings rose by 31% to $2.1 billion, or $2.39 per share. Despite a 2% decline in total premiums and revenues at $11.6 billion, net investment income surged by 18% to $5.6 billion, driven by strong equity returns. Book value per share increased to $77.24, reflecting a 1% rise from last year.