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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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AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of 'aa-' (Superior) of MetLife, Inc. (NYSE: MET), with a stable outlook. The ratings reflect MetLife's strong balance sheet strength, operating performance, business profile, and enterprise risk management. The organization has a strong and defensible market position in its core lines of business and diverse product offerings in various geographic markets.
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MetLife, Inc. (NYSE:MET) has been named to Fortune magazine's 2024 list of the 'World's Most Admired Companies'. The annual report card included eight life insurers, with MetLife being recognized for its corporate reputation, investment value, quality of management, financial soundness, social responsibility, and ability to attract talent. MetLife's President and CEO, Michel Khalaf, expressed gratitude to the employees for their efforts in building a more confident future for customers and communities worldwide.
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MetLife, Inc. (NYSE: MET) announced that its president and CEO, Michel Khalaf, and CFO, John McCallion, will participate in a fireside chat at the Bank of America Securities 2024 Financial Services Conference on Feb. 20, 2024. The presentation will be available via live webcast and replay on the conference website.
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MetLife Foundation announces an additional $1 million commitment to its Community Impact Grant Program, led by MetLife employees to provide immediate assistance to communities across the U.S. The program will support local grassroots organizations addressing emergency needs of people with low- to moderate-incomes in seven eligible cities. The RFP for this funding round is open until March 15, 2024.
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NC TECH and MetLife have announced the establishment of the NC TECH | MetLife Center for Technology Workforce Innovation, a partnership designed to serve as a hub for the state’s tech employers and employees. North Carolina is one of the fastest-growing states for technology innovation, with over 293,000 people working in tech jobs and an economic impact of over $47 billion. The Center aims to foster growth and vitality in North Carolina’s technology sector by providing resources, thought leadership, and collaboration.
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MetLife, Inc. (NYSE: MET) has earned a spot on JUST Capital’s JUST 100 list for the fourth consecutive year, recognizing the company's commitment to creating value for all stakeholders. The company's purpose of 'Always with you, building a more confident future' is reflected in its efforts to care for employees, deliver for customers, support communities, and provide value for shareholders. MetLife's inclusion in the 2024 Rankings of America’s Most JUST Companies is a testament to its focus on paying fair wages, creating jobs, supporting workforce retention, providing benefits, protecting customer privacy, and minimizing pollution. The company's annual Sustainability Report outlines its contributions as an employer, investor, and provider of financial solutions and expertise.
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MetLife Foundation has increased its commitment to the Community Impact Grant Program by $1 million, inviting local grassroots organizations to apply for funding. MetLife employees will review and select the organizations to receive the grants.
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MetLife, Inc. (NYSE: MET) has released a financial update video for the fourth quarter and full year 2023, presented by Executive Vice President and CFO John McCallion. The video provides insights into the company's financial performance and can be viewed on the company's website.
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MetLife, Inc. (NYSE: MET) reported a decrease in net income and adjusted earnings for the full year 2023 compared to 2022. The company's net income was $1.4 billion, down from $5.1 billion in 2022, and adjusted earnings were $5.5 billion, down from $5.8 billion in 2022. The fourth quarter results also showed a decrease in net income and adjusted earnings compared to the same period in 2022. Despite this, the company's president and CEO, Michel Khalaf, expressed optimism about the financial flexibility and capital strength of the company going forward.
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MetLife, Inc. (NYSE: MET) has been named to Fortune magazine’s 2024 list of the 'World’s Most Admired Companies,' with eight life insurers included. The ranking is based on corporate reputation, with criteria including investment value, quality of management, financial soundness, and social responsibility. MetLife's President and CEO, Michel Khalaf, attributes the recognition to the company's employees' efforts to create a more confident future for customers and communities worldwide.
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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