BNET Industries
MetLife Inc. (MET) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $53.0B
- Profit
- Dec 31 2007
- $4.3B
- Market Cap
- Dec 03 2008
- $20.8B
Latest News and Analysis
MetLife Broadens Distribution of Deferred Income Annuity Through MetLife Investors; Renames Product
Same features designed to help clients maximize, protect and guarantee income in retirement
MetLife Investors Retirement Income Campaign Helps Advisers Take the Mystery Out of Lifetime Income for Clients
NEW YORK -- MetLife Investors Distribution Company MetLife Investors, the distributor of products offered by the independent distribution arm of MetLife, today announced the launch of "Solving the Mystery of Lifetime Income," a marketing campaign designed to help financial professionals address their clients' need for retirement income.
Retired households are feeling the tax strain, claims MetLife.
Retired households in the UK pay up to 28 per cent of their annual income in tax putting further strain on their income in retirement, according to new research from MetLife. Retired households in the UK pay up to 28 per cent of their annual...
MetLife Increases Compounding Income Base Component to 6% on GMIB Plus/Predictor Plus Rider with Variable Annuities
Variable annuity customers can receive potentially more lifetime income
The problem with lump sum distributions and what to do about it
A few years back I was involved in an acquisition, and the acquired company allowed lump sum distributions from its defined benefit plan. Our management tried to remove the lump sum option. The union understood our concerns, but given that over 99% of ret A few years back I was...
MetLife Analysis Reveals Five Most Costly Medical Conditions Drive 60 Percent of Lost Workdays Due to Short Term Disabilities; Income Protection Benefits and Education Integral for Successful Transition to Consumer Driven Health Plans
NEW YORK -- Approximately half of all short term disability insurance claims MetLife receives each year is a result of the five most expensive diseases and illnesses in the United States in terms of medical expenditures.(1)These five ailments - heart conditions, trauma, cancer, mental disorders and pulmonary conditions - account...
MetLife Increases Monthly Income Replacement for Traditional Individual Disability Insurance Policies; New Underwriting Enhancements Bolster Issue and Participation Amounts
NEW YORK -- MetLife announced today higher traditional Individual Disability issue and participation limits to provide the largest possible monthly income replacement available for an individual due to a disability. MetLife's underwriting enhancements went into effect for most new individual disability income insurance policies this June.
Inflation Adjusted Option Added to Income Solutions®, an Annuity Platform Offered by Hueler Companies; New Option, Offered by AIG, MetLife and the Principal Financial Group, Enhances Platform's Fixed Income Annuity Products
MINNEAPOLIS -- Responding to the needs of participants seeking to protect their purchasing power throughout their retirement, Hueler Companies, the Minneapolis-based provider of the Income SolutionsR immediate annuity platform, announced today the addition of an inflation adjusted income annuity option to its platform.
MetLife Launches New Online Tool; Helps Calculate Lump-Sum Needed to Guarantee Monthly Income for Beneficiaries
NEW YORK -- If you gave your family $1 million today would that be enough to cover their expenses for the rest of their lives? A new online calculator from MetLife, at www.metlife.com/gsib, will help consumers answer that question.
MetLife Introduces Online Retirement Income Center.
New York-based MetLife has launched a retirement income education center on MyBenefits, its employee portal available to group customers. The new center provides information designed to help employees identify their life stage with a checklist of mat New York-based MetLife has launched a retirement income education...
MetLife Introduces Inflation Protection Feature for Its Guaranteed Immediate Income Program, a Fixed Income Annuity; New Feature Based on the Consumer Price Index
NEW YORK -- To help individuals protect their purchasing power throughout retirement, Metropolitan Life Insurance Company MetLife announced today the introduction of an Inflation Protection feature, available under MetLife's Guaranteed Income ProgramSM. Based on the Consumer Price Index for All Urban Consumers (CPI-U), this is a true inflation-adjusted immediate income...
Back to work: as more post-retirees return to the workplace, insurers and benefit brokers are designing benefit packages that incorporate their needs.(American Association of Retired Persons, Metlife Inc.)
After retiring four years ago from a state job at a developmental center and then going through a divorce, Janice of North Dakota found herself in need of additional income. Now, the 69-year-old said she's back in the work force part time at a local ...
The Silent Generation Speaks … 'Will the Boomers Listen?' MetLife's Retirement Income Decisions Study Offers Lessons to Boomers on Retirement Income and Spending
NEW YORK -- MetLife (NYSE: MET)--
MetLife Enhances Popular GMIB Rider for Variable Annuities; A new rider for people looking for income for life and more flexibility
NEW YORK -- To provide more flexible options to its variable annuity product line-up, MetLife introduced a new Guaranteed Minimum Income Benefit called GMIB Plus or Predictor Plus, an enhancement to its popular GMIB rider. GMIB Plus is available through MetLife Investors and Predictor Plus through MetLife and New England...
Market expansion: as America becomes more diversified in areas such as race, ethnicity, life stage and income level, some savvy insurers are growing their bottom lines by targeting specific groups. Those who fail to do so may find themselves falling behin
Stodgy. Slow moving. Old-fashioned. Those words are often associated with the business of insurance. Yet in the race to capture the wowing diverse American marketplace--and the growing spending of these diverse groups--some insurers are being called progressive, aggressive and even savvy. "Companies like...
MetLife Announces Fourth Quarter and Full Year 2004 Results; Record Full Year Net Income of $2.76 Billion, up 24% from the Prior Year
NEW YORK -- Record Full Year Operating Earnings of $2.65 Billion, up 18% from the Prior Year
SmartFlex card available for prepaid accounts.(Product Watch)
Motivano Inc. in New York, in conjunction with UMB Financial Corp. in Kansas City, Mo., has announced the availability of a new "smart card,'' called SmartFlex, designed to eliminate the paperwork involved in the management of flexible spendin Motivano Inc. in New York, in...
MetLife Announces Third Quarter 2004 Results; Reports Net Income of $0.92 Per Share, a 23% Increase
NEW YORK -- MetLife, Inc. (NYSE:MET) today reported third quarter 2004 net income of $695 million, or $0.92 per diluted share, compared with $574 million, or $0.75 per diluted share, for the third quarter of 2003.
MetLife hikes max policy limits.(Short Interests)
Byline: Gary S. Mogel NEW YORK - MetLife Inc. has announced a new maximum policy limit of 30 times an applicant's annual income, which applies to all its life insurance products. The new maximum, an increase from the former limit of...
MetLife Introduces New Inflation Protection Rider for Individual Disability Income; Automatically Increases the Monthly Benefits Amount
NEW YORK -- MetLife today announced the introduction of the new Automatic Increase Benefit AIB rider designed to allow policyholders to keep pace with inflation without having to provide evidence of continued insurability. The rider, available on certain MetLife disability income policies, automatically increases the base monthly benefit by 5%...
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- Incorporated: 1999
- CEO: Mr. C. Robert Henrikson
MetLife is a provider of insurance and other financial services with operations throughout the U.S. and the regions of Latin America, Europe, and Asia Pacific. Through its domestic and international subsidiaries and affiliates, Co. provides life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals, as well as group insurance, reinsurance and retirement and savings products and services to corporations and other institutions. Co. operates through five segments: Institutional, Individual, Auto & Home, International and Reinsurance, as well as Corporate & Other. As of Dec 31 2007, Co. had $558.56 billion of total assets.
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MetLife Inc. Company Info
Board of Directors
Mr. C. Robert Henrikson
Chairman
Mr. Burton A. Dole Jr.
Dr. R. Glenn Hubbard Ph.D.
Mr. James M. Kilts
Dr. David Satcher
Ms. Sylvia Mathews Burwell
Mr. Eduardo Castro-Wright
Ms. Cheryl W. Grisé
Mr. William C. Steere Jr.
Ms. Lulu C. Wang
General John M. Keane
Mr. Hugh B. Price
Mr. Kenton J. Sicchitano
Contact Information
One Madison Avenue
New York, NY
212 578-2211
NAICS Code
Insurance Agencies and Brokerages: 524210Brought to you by IBM
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