MetLife, Inc. provides insurance, annuities, employee benefits and asset management through subsidiaries and affiliates serving individual and institutional customers. Founded in 1868, the company operates in more than 40 markets and reports activity across the United States, Asia, Latin America, Europe and the Middle East.
Company updates commonly cover quarterly results, net investment income, variable investment income, financial supplements, capital deployment and dividends. News also includes developments at MetLife Investment Management, including private fixed income origination and PineBridge Investments, as well as employee-benefits research and shareholder communications such as responses to unsolicited mini-tender offers.
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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.
MetLife released findings from a survey indicating that 63% of women who left the workforce during the pandemic are ready to return, with 80% considering careers in STEM. The survey highlights critical factors encouraging women’s pursuit of STEM jobs, including increased diversity in leadership (38%) and better fitting benefits (33%). MetLife is hosting the Triangle Tech X Conference on October 26-27 to discuss actionable insights for employers. The study included 2,000 US workforce participants, focusing on women in STEM.
MetLife, Inc. (NYSE:MET) has declared a fourth quarter 2021 common stock dividend of $0.48 per share. This dividend is scheduled for payment on December 14, 2021, to shareholders of record as of November 9, 2021. MetLife, a leading financial services provider, offers a wide range of insurance, annuities, and asset management solutions across more than 40 global markets.
MetLife Investment Management (MIM) has announced a $197.8 million financing deal to support the Fargo-Moorhead Area Diversion Project, marking the first Public-Private Partnership (PPP) flood management initiative in North America. This project aims to construct a 30-mile channel to protect over 235,000 residents from severe flooding in the Fargo-Moorhead region. The funding aligns with green loan principles and UN sustainable development goals, reinforcing MIM’s commitment to environmentally sustainable investments. As of June 30, 2021, MIM managed $131.9 billion in private capital assets and $666.7 billion overall.
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