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) news hub provides investors and financial professionals with centralized access to official corporate communications and market-moving developments. This resource aggregates essential updates from one of the world's largest life insurance providers, spanning 50 countries with $687 billion in total assets under management.
Track critical announcements including quarterly earnings releases, regulatory filings, and strategic partnership updates. Our curated feed includes product launches, leadership changes, and dividend declarations relevant to MET's operations in insurance, retirement solutions, and employee benefits. Bookmark this page for real-time access to SEC filings, investor presentations, and analyst commentary.
Key coverage areas include MET's group benefits innovations, international market expansions, and risk management initiatives. Stay informed about developments across MetLife's core segments: U.S. group insurance, global retirement products, and asset management strategies. Verify timestamps on all materials and cross-reference original source links for due diligence purposes.
MetLife, Inc. (NYSE: MET) has released a second quarter 2024 financial update video featuring John McCallion, executive vice president and chief financial officer of MetLife, Inc., and head of MetLife Investment Management. The video is available on the company's website at https://www.metlife.com/about-us/newsroom/#video.
MetLife, founded in 1868, is a leading global financial services company offering insurance, annuities, employee benefits, and asset management services. The company operates in over 40 markets worldwide, with strong positions in the United States, Asia, Latin America, Europe, and the Middle East.
MetLife (NYSE: MET) has bolstered its Global Technology and Operations team with two key appointments. Tamar Shapiro joins as Chief Data and Analytics Officer, bringing extensive experience from Instagram and American Express in leveraging data and AI to drive growth and engagement. Dan Antilley becomes the new Chief Information Security Officer, with over 30 years of technology industry experience, primarily at Bank of America where he led various cybersecurity initiatives.
These strategic hires underscore MetLife's commitment to enhancing its technological capabilities and data security. Shapiro will be based in New York City, while Antilley will operate from MetLife's Global Technology Hub in Cary, NC. Both executives bring valuable expertise that aligns with MetLife's focus on combining high-tech solutions with human touch to deliver superior customer service.
MetLife's 2023 Sustainability Report highlights significant progress in environmental stewardship and commitment to Net Zero GHG emissions by 2050 or sooner. Key achievements include:
- 44% decrease in GHG emissions across Scope 1, 2, and 3 business travel from 2019 to 2023
- ~50% of suppliers set emissions-reduction goals aligned with the Paris Agreement
- 1.6M+ trees planted since 2020
- 48% of global offices are green or healthy building certified
- 10,000+ volunteer hours for the 2023 MetLife Extraordinary Litter Pickup
MetLife supports the Paris Agreement and recognizes the impact of environmental issues on customers' and employees' well-being. The company manages climate risks and opportunities while collaborating on solutions for a low-carbon economy transition.
MetLife's 2023 Sustainability Report highlights the company's commitment to community engagement and outreach. MetLife Foundation reached over $1 billion in all-time giving in 2023, with $37.4 million in total grants globally. The report showcases key initiatives:
1. A $30 million multi-year commitment to Upstate New York
2. $8.3 million contributed to environmental causes since 2020
3. 144,000+ volunteer hours across 38 markets
4. $96.1 million to support low-income communities since 2021
The report also details new initiatives addressing wealth and income inequality in the U.S., including the Accelerating Commitment to Equity Innovation Fund ($10 million over two years) and the Community Impact Grant Program ($491,000 in grants to 38 nonprofits).
MetLife Pet Insurance has launched the Golden Beagle Award, offering a $20,000 grant to an innovative animal welfare organization focused on helping large dogs find homes. The award, in collaboration with The Association for Animal Welfare Advancement (AAWA), will be presented at the AAWA conference in November 2024.
This initiative aims to address the challenges larger dogs face in adoption, including longer shelter stays and lower adoption rates. Additionally, MetLife Pet Insurance and AAWA are working together to produce content on access to veterinary care issues, including financial and geographical barriers, through various media formats to support animal welfare organizations and pet parents.
MetLife's Stable Value Study reveals that 69% of plan sponsors are concerned about market volatility's impact on near-retirees, while 61% worry about its effect on retirees. Stable Value funds, offering safety and stability, remain popular with 82% of DC plan sponsors currently offering them. 84% of plan sponsors say stable value was recommended by their advisors, with 76% of advisors citing better historical returns as the top reason.
The study also highlights interest in strategies to manage volatility in Target Date Funds (TDFs). 95% of plan sponsors and 97% of advisors expressed interest in TDF solutions that reduce volatility while maintaining returns. Similarly, 94% of plan sponsors and 95% of advisors showed interest in options that enhance returns while keeping volatility constant.
MetLife's 2023 Sustainability Report highlights the company's commitment to employee care and building confident futures. The report emphasizes MetLife's Employee Value Proposition (EVP), 'All Together Possible', which focuses on three key areas: Guided By Empathy, Winning Together, and Driven By Growth.
Key highlights include:
- Certified as a Great Place to Work® in 11 markets
- 53% of workforce comprises women
- Over 9,500 career development opportunities provided globally
- Record scores in culture, flexibility, well-being, and learning opportunities in annual employee survey
- Launch of Coaching@MetLife program
- 97% of colleagues accessed MyLearning in 2023
The report also notes MetLife's inclusion in Fortune's 2023 list of 100 Best Companies to Work For®.
MetLife Asia has been awarded five new accolades for its 360Health and 360Future solutions, underscoring its commitment to innovation and customer care. 360Health, which offers a holistic approach to physical, mental, financial, and social health, has received four awards, including Digital Insurance Initiative of the Year in Nepal. 360Future, designed to help customers prepare for retirement, won the Customer Service Initiative of the Year in Korea.
These integrated services provide comprehensive support, from AI-backed health assessments to specialized elderly care. Since its 2018 launch, 360Health has garnered 40 awards across six countries, while 360Future, introduced in 2022, has earned five awards to date. MetLife Asia's Chief Marketing Officer, Sanjeev Kapur, emphasized the company's focus on helping customers achieve great health and financial security for longer lifespans.
MetLife's 2023 Sustainability Report highlights the company's commitment to innovating for customers through a lens of sustainability and care. Key initiatives include:
- Enhanced benefits offerings for institutional customers in the U.S.
- Expanded digital health support in Asia, reaching over 1M users
- Launch of MetLife Xcelerator in Latin America for digital insurance
- Improved financial inclusion globally through new apps and services
The report emphasizes MetLife's focus on customer care, illustrated by examples such as the Crisis Call Pathway Tool in Australia and support for long-term shelter animals through MetLife Pet Insurance. These efforts demonstrate MetLife's dedication to physical, mental, and financial well-being of customers, while prioritizing affordability, simplicity, flexibility, and access in their product offerings.
MetLife (NYSE: MET) announced that its board of directors has declared a third quarter 2024 common stock dividend of $0.545 per share. Shareholders of record as of August 6, 2024, will receive the dividend on September 10, 2024.
MetLife, a leading global financial services company, offers insurance, annuities, employee benefits, and asset management. Established in 1868, it operates in over 40 markets worldwide, with strong positions in the United States, Asia, Latin America, Europe, and the Middle East.
