Latest Articles
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MetLife Earnings Hurt By FX Headwinds, Underwriting Results In The U.S.
MetLife’s (NYSE:MET) first quarter results saw net income increase 36% over the prior year, but failed to inspire confidence as operating earnings fell 4% from the prior year. Operating earnings from the Americas region were up 3%, but the income...
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MetLife Earnings Preview: Focus On Asia-Pacific, U.S.
MetLife (NYSE:MET) is scheduled to report earnings for the first quarter of 2014 on Thursday, May 1. The insurance company beat market expectations for the December quarter of 2013, with a 14% year-on-year increase in operating income helped by s...
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MetLife Exits The U.K. Bulk Annuity Market
MetLife (NYSE:MET) has announced the sale of its U.K. based specialist bulk annuity pension provider, MetLife Assurance, to Rothesay Life. The transaction is expected to close in the second quarter of 2014 with Rothesay assuming $5 billion (£3 bi...
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MetLife Gains Despite FX Headwinds In Asia And Latin America
MetLife’s (NYSE:MET) fourth quarter results beat market expectations as the insurance company reported a 14% increase in operating income for the three months ending December. The company observed growth across geographies; earnings from the Amer...
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MetLife Earnings Preview: U.S. Retail Growth To Continue But FX Might Hurt International Results
MetLife (NYSE:MET) is scheduled to report earnings for the fourth quarter of 2013 on Thursday, February 13. The insurance company reported strong results for the third quarter, as operating income from the Americas grew 7% over the prior year and...
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MetLife Extends Agreement With Citigroup; Brazil Might Be Key
MetLife (NYSE:MET) has extended its distribution partnership with Citigroup (NYSE:C) to market insurance products in 15 markets through 2025. The insurance company will be able to leverage Citi’s established banking facilities to distribute insur...
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MetLife Continues To Expand In Asia Despite The Citigroup Setback
Citigroup (NYSE:C) has picked AIA Group as its insurance partner for bancassurance distribution in 11 markets in Asia. AIA Group beat bids from MetLife (NYSE:MET), Manulife (NYSE:MFC), Prudential Plc and FWD Group. MetLife, which earns more than ...
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Fed Decides To Taper: The Impact On Manulife, Prudential And MetLife
After months of speculation, the Federal Reserve has finally decided to scale back its $85 billion monthly bond purchase program. Through its Quantitative Easing 3 program, the Fed has been purchasing assets such as long-term treasuries and mortg...
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MetLife And Manulife Bidding For $10 Billion Asian Opportunity
MetLife (NYSE:MET) and Manulife (NYSE:MFC) are among five insurance companies bidding to form a bancassurance partnership with Citigroup (NYSE:C) in Asia. The bancassurance distribution model, also known as the bank insurance model (BIM), is an a...
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How Will Bond Yields And Economic Conditions Affect MetLife And Prudential Financial?
The insurance industry has been gaining on speculation regarding the winding down of the quantitative easing (QE) program. Insurance companies invest primarily in low-risk securities like bonds to back up their obligations to policyholders, with ...
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MetLife Reports Gains On All Fronts With Strong Operational Growth Through Q3
MetLife (NYSE:MET) reported a net profit of $975 million for the third quarter of 2013, compared to a loss of $957 for the same period in 2012. The swing was largely due to a one-time $1.9 billion goodwill impairment charge that the company incur...
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MetLife Expands Asian Growth Ambitions To Vietnam
Continuing its expansion into Asia, MetLife (NYSE:MET) has signed an agreement with Bank for Investment & Development of Vietnam (BIDV) and Bank for Investment and Development of Vietnam Insurance Corporation (BIC) to establish a joint ventur...
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Insurance Stocks Lose Out As The Fed Delays Tapering Plans
The Fed’s decision to maintain the pace of the Quantitative Easing program, which involves $85 billion in monthly bond purchases, was perceived positively by the markets. The Dow Jones and the S&P 500 indices climbed after Fed Chairman Ben Be...
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MetLife’s Investment Strategy And Profit Margins Outlook
MetLife (NYSE:MET), the biggest life insurance company in the U.S., has reported solid results from its operations in the country and in international markets. The company reported a 11% year-on-year increase in operating earnings for the second ...
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A Look At MetLife’s U.S. Operations And Our $51 Estimate
MetLife’s (NYSE:MET) stock has gained 25% in the last three months largely driven by rising bond yields as the U.S. job market has shown signs of a recovery. The company invests close to 75% of its assets in fixed maturity securities like governm...
