July 30 MetLife Inc, the largest U.S.
life insurer, reported a quarterly profit that almost tripled,
helped by derivative gains.
Net profit rose to $1.34 billion, or $1.17 per share, in the
second quarter ended June 30 from $471 million, or 43 cents per
share, a year earlier.
MetLife recorded a net derivative gain after tax and other
adjustments of $202 million in the quarter, compared with a loss
of $1.2 billion in the same period of 2013.
(Reporting by Avik Das and Sudarshan Varadhan in Bangalore;
Editing by Sriraj Kalluvila)