Edition:
United States

Metlife Inc (MET.N)

MET.N on New York Stock Exchange

43.81USD
2:45pm EDT
Change (% chg)

$-0.32 (-0.73%)
Prev Close
$44.13
Open
$44.13
Day's High
$44.35
Day's Low
$43.27
Volume
845,982
Avg. Vol
1,965,386
52-wk High
$52.45
52-wk Low
$35.00

Latest Key Developments (Source: Significant Developments)

S&P announces various Metlife Group rating actions post-reorganization
Friday, 5 Aug 2016 02:19pm EDT 

S&P On Metlife: Various Metlife Group rating actions post-reorganization; outlook on separating companies revised to negative .Revised outlook on to-be-separated operating entities to negative; outlook on other remaining Met Group entities remains stable.  Full Article

Metlife posts Q2 operating earnings per share $0.83
Wednesday, 3 Aug 2016 04:15pm EDT 

Metlife Inc : Metlife announces second quarter 2016 results . Q2 GAAP earnings per share $0.06 . Q2 earnings per share view $1.35 -- Thomson Reuters I/B/E/S . Q2 operating earnings per share $0.83 . As a result of review, metlife recorded a non-cash charge to net income of $2.0 billion, net of deferred acquisition costs and after tax . Accelerated 2016 annual variable annuity actuarial assumption review from Q3 to Q2 due to plan to separate substantial portion of U.S. retail business . About $1.5 billion of charge attributable to changes in policyholder behavior assumptions and changes in economic and other actuarial assumptions . Qtrly net derivative losses were $1.4 billion, after tax . Qtrly net investment income was $4.9 billion, down 6 percent . Qtrly operating premiums, fees & other revenues were $12.1 billion, down 1 percent on both a reported and on a constant currency basis over q2 of 2015. . Says at quarter-end book value, excluding AOCI other than FCTA, was $53.20 per share, up 5 percent from $50.73 at June 30, 2015 .Metlife will conduct remainder of its annual actuarial assumption review, which addresses products other than variable annuities, in Q3.  Full Article

Metlife declared Q3 2016 common stock dividend of $0.40/shr
Thursday, 7 Jul 2016 04:15pm EDT 

Metlife Inc :Sees announced that its board of directors has declared a Q3 2016 common stock dividend of $0.40 per share.  Full Article

Metlife signs pension buyout agreement with PPG
Tuesday, 28 Jun 2016 09:00am EDT 

Metlife Inc : Metlife signs pension buyout agreement with PPG . PPG will purchase group annuity contracts from Metlife and Massmutual . Deal will be executed with a combination of cash and assets-in-kind .PPG entered into agreement with co, Massachusetts Mutual Life Insurance Company to provide annuity benefits to about 13,400 retirees.  Full Article

PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Co and Metropolitan Life Insurance Co
Monday, 27 Jun 2016 04:33pm EDT 

PPG Industries Inc : PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company . Agreement to transfer pension benefits, annuity administration for $1.6 billion . Transfer in pension liabilities to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company .PPG's pension plans to buy group annuity contracts from Massmutual, Metlife for about 13,400 current U.S. salaried, non-union hourly retirees.  Full Article

Regulators seek expedited schedule in MetLife appeal - CNBC
Friday, 20 May 2016 02:51pm EDT 

:Regulators seek expedited schedule in MetLife appeal over "systemically important" label due to uncertainty about designating firms - CNBC, citing DJ.  Full Article

MetLife Inc announces dividend announces dividend
Tuesday, 26 Apr 2016 04:15pm EDT 

MetLife Inc:Declares second quarter 2016 common stock dividend of $0.40 per share, an increase of about 7 pct from the first quarter 2016 common stock dividend of $0.375 per share.Payable on June 13, 2016, to shareholders of record as of May 9, 2016.  Full Article

MetLife Inc and New York state Common Retirement Fund form real estate investment venture
Tuesday, 19 Jan 2016 06:00pm EST 

MetLife Inc:Says has formed a real estate investment venture with New York State Common Retirement Fund.Says MetLife sold a 49.9 percent stake in the portfolio to New York State Common Retirement Fund.MetLife continues as the majority owner of the portfolio and administrator of the venture.  Full Article

MetLife Inc announces plan to pursue separation of U.S. retail business
Tuesday, 12 Jan 2016 04:15pm EST 

MetLife Inc:Announced a plan to pursue the separation of a substantial portion of its U.S. Retail segment.MetLife is currently evaluating structural alternatives for such a separation, including a public offering of shares in an independent, publicly traded company, a spin-off, or a sale.Says company is also undertaking preparations to complete the required financial statements and disclosures that would be required for a public offering or spin-off.All of the Company's other reporting segments - Group, Voluntary and Worksite Benefits (GVWB), Corporate Benefit Funding (CBF), Asia, Latin America, and Europe, the Middle East and Africa (EMEA) - would remain part of MetLife.  Full Article

MetLife Inc declares first quarter 2016 common stock dividend
Wednesday, 6 Jan 2016 04:15pm EST 

MetLife Inc:Declared a first quarter 2016 common stock dividend of $0.375 per share.Dividend will be payable on March 14, 2016, to shareholders of record as of Feb. 5, 2016.  Full Article

Fitch Affirms MetLife, Inc. and Most Subsidiaries

(The following statement was released by the rating agency) NEW YORK, September 13 (Fitch) Fitch Ratings has affirmed the existing ratings and Stable Outlook assigned to MetLife, Inc. (MetLife). At the same time, Fitch has placed the Insurer Financial Strength (IFS) rating of New England Life Insurance Company (NELIC) on Rating Watch Negative, and affirmed and removed from Rating Watch Negative the IFS rating of General American Life Insurance Company (GALIC). The Outlook is now Stable. Met