MetLife Net Worth is$40.7 B
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Company Name: MetLife, Inc.
Company Logo: Image:MetLife.png
Company Type: Public company
Traded As: MET, S&P 500
Foundation: 1868
Location: 1095 Avenue of the Americas, New York City, New York, United States
Key People: Steven A. Kandarian ,
Industry: Financial services
Products: Insurance, Annuity (US financial products), Employee Benefits, Banking
Revenue: url
Operating Income: net income
Assets: {{increase US$ 730.906 billion (2010) Equity: {{increase}} US$ 48.996 billion (2010) Num Employees: 66,000 (2010) Homepage: []
Mascot: Snoopy
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company, or MetLife, for short, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868.
On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders. The company went public in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asiaa??s Pacific region, Europe, and the Middle East. MetLife is the largest life insurer in the United States and serves 90 of the largest Fortune 500 companies. The companya??s principal offices are located at 1095 Avenue of the Americas in Midtown Manhattan, New York City, though it retains some executive offices and its boardroom in the MetLife Building, located at 200 Park Avenue, New York City, which it sold in 2005.
The predecessor company to MetLife began in 1863 when a group of New York City businessmen raised $100,000 to found the National Union Life and Limb Insurance Company. The company insured Civil War sailors and soldiers against disabilities due to wartime wounds, accidents, and sickness. On March 24, 1868, it became known as Metropolitan Life Insurance Company and shifted its focus to the life insurance business. A severe business depression that began in the early 1870s forced the company to contract, until it reached its lowest point in the late 1870s. After observing the insurance industry in Great Britain in 1879, MetLife President Joseph F. Knapp brought a??industriala?? or a??workingmena??sa?? insurance programs to the United States a?? insurance issued in small amounts on which premiums were collected weekly or monthly at the policyholdera??s h

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MetLife Latest News

MetLife Moving Past Some Self-Inflicted Challenges And Toward Unlocking Value

MetLife has hurt its own cause with inconsistent results, while also seeing market pressures in several business and ROE drag from its run-off operations. Group Benefits has been underperforming lately but is a market leader in an attractive market, and ...
Posted: May 22, 2018, 5:22 am

MetLife Foundation partners with Kiva to support entrepreneurs and build financial inclusion

HONG KONG—MetLife Foundation has partnered with Kiva, a global non-governmental organization, to support entrepreneurs around the world through an employee-engagement campaign. As part of this program, a fully funded $25 loan has been allocated to each ...
Posted: May 22, 2018, 4:20 am

CFO Moves: Houzz, MetLife, SEC

Houzz Inc., the Palo Alto, Calif. remodeling and design platform, named Richard Wong as its first chief financial officer. Mr. Wong was previously vice president of finance at LinkedIn, where he ran financial planning and analysis, treasury, investor ...
Posted: May 17, 2018, 3:30 am
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