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MetLife Inc (MET.N)

MET.N on New York Stock Exchange

53.40USD
19 Jan 2018
Change (% chg)

$0.45 (+0.85%)
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2,044,933
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Latest Key Developments (Source: Significant Developments)

MetLife Intends To Merge Two Subsidiaries
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - MetLife Inc ::METLIFE ANNOUNCES PLANNED MERGER OF TWO SUBSIDIARIES.METLIFE INC - ‍INTENDS TO MERGE SUBSIDIARY, GENERAL AMERICAN LIFE INSURANCE COMPANY, INTO ANOTHER SUBSIDIARY, METROPOLITAN TOWER LIFE INSURANCE COMPANY​.METLIFE - METROPOLITAN TOWER LIFE INSURANCE COMPANY WILL CONTINUE AS SURVIVING ENTITY AFTER MERGER; MERGED ENTITY WILL BE DOMICILED IN NEBRASKA.  Full Article

Metlife Inc Announces Launch Of Two Insurtech Investment Programs For Start-Up Cos
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Metlife Inc ::METLIFE INC - ANNOUNCED LAUNCH OF TWO INSURTECH INVESTMENT PROGRAMS FOR START-UP COS, METLIFE DIGITAL VENTURES AND METLIFE DIGITAL ACCELERATOR.  Full Article

MetLife Sets Quarterly Dividend Of $0.40 Per Share
Friday, 5 Jan 2018 

Jan 5 (Reuters) - MetLife Inc ::SETS QUARTERLY DIVIDEND OF $0.40PER SHARE.  Full Article

KBC Groep Acquires Metlife’S 40 pct Stake In Ubb-Metlife Joint Venture in Bulgaria
Friday, 29 Dec 2017 

Dec 29 (Reuters) - KBC GROEP NV ::KBC ACQUIRES METLIFE’S 40% STAKE IN UBB-METLIFE JOINT VENTURE (BULGARIA).DEAL EXPECTED TO CLOSE IN THE SECOND QUARTER OF 2018..  Full Article

Metlife Says In 2018 Baseline Capital Management Plan Would See Return Close To $5 Bln To Common Shareholders
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Metlife Inc ::METLIFE INC - EXPECT TO HAVE CASH COMMITMENTS OF BETWEEN $2.0 BILLION & $3.0 BILLION OVER 2017 AND 2018 RELATING TO LIABILITY MANAGEMENT TRANSACTIONS.METLIFE INC SAYS IN 2018, BASELINE CAPITAL MANAGEMENT PLAN WOULD SEE RETURN CLOSE TO $5.0 BILLION TO COMMON SHAREHOLDERS - SEC FILING.METLIFE INC SAYS PLAN TO MAINTAIN A LIQUIDITY BUFFER OF $3.0 TO $4.0 BILLION OF LIQUID ASSETS AT HOLDING COMPANIES- SEC FILING.METLIFE - IN 2018 PLAN WOULD SEE RETURN CLOSE TO $5.0 BILLION THROUGH STOCK DIVIDENDS, SHARE REPURCHASES, & ANTICIPATED BRIGHTHOUSE STOCK EXCHANGE OFFER.METLIFE - SHARES OF METLIFE STOCK THAT METLIFE RECEIVES IN BRIGHTHOUSE STOCK EXCHANGE OFFER WOULD BE IN ADDITION TO OTHER SHARE REPURCHASE AUTHORIZATIONS.  Full Article

METLIFE EXPECTS CORPORATE, OTHER OPERATING LOSS OF $450-650 MLN AFTER-TAX IN 2018
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Metlife Inc ::EXPECTS GROUP BENEFIT UNIT PREMIUMS, FEES, OTHER REVENUE TO GROW 3 TO 5 PERCENT - OUTLOOK CALL.EXPECTS TOTAL RETIREMENT AND INCOME UNIT LIABILITY EXPOSURES TO GROW 1 TO 3 PERCENT ANNUALLY-OUTLOOK CALL.METLIFE EXPECTS P&C UNIT PREMIUMS FEES, OTHER REVENUES TO GROW 1 TO 2 PERCENT IN 2018, 5 TO 7 PERCENT IN 2019-2020 .EXPECTS MID SINGLE-DIGIT SALES GROWTH IN 2018 FOR ASIA UNIT.METLIFE EXPECTS CHILEAN PENSION BUSINESS TO RETURN TO GROWTH.METLIFE EXPECTS 2018 MID-SINGLE DIGIT SALES GROWTH FOR EMEA UNIT, THEN LOW DOUBLE DIGIT GROWTH.METLIFE EXPECTS CORPORATE & OTHER OPERATING LOSS OF $450-650 MILLION AFTER-TAX IN 2018.EXPECTS COMBINED RISK-BASED CAPITAL TO DECREASE BY 65 BASIS POINTS IF U.S. APPROVES NEW 21 PERCENT CORPORATE TAX RATE.METLIFE TRYING TO LOCATE 600,000 GROUP ANNUITANTS, ALTHOUGH TEND TO BE "SMALLER SIZE CASES".  Full Article

BRIEF-METLIFE EXPECTS CORPORATE, OTHER OPERATING LOSS OF $450-650 MLN AFTER-TAX IN 2018
Friday, 15 Dec 2017 

Corrects final bullet to show co trying to locate small subset out of 600,000 group adds "small subset out of":EXPECTS GROUP BENEFIT UNIT PREMIUMS, FEES, OTHER REVENUE TO GROW 3 TO 5 PERCENT - OUTLOOK CALL.EXPECTS TOTAL RETIREMENT AND INCOME UNIT LIABILITY EXPOSURES TO GROW 1 TO 3 PERCENT ANNUALLY-OUTLOOK CALL.METLIFE EXPECTS P&C UNIT PREMIUMS FEES, OTHER REVENUES TO GROW 1 TO 2 PERCENT IN 2018, 5 TO 7 PERCENT IN 2019-2020 .EXPECTS MID SINGLE-DIGIT SALES GROWTH IN 2018 FOR ASIA UNIT.METLIFE EXPECTS CHILEAN PENSION BUSINESS TO RETURN TO GROWTH.METLIFE EXPECTS 2018 MID-SINGLE DIGIT SALES GROWTH FOR EMEA UNIT, THEN LOW DOUBLE DIGIT GROWTH.METLIFE EXPECTS CORPORATE & OTHER OPERATING LOSS OF $450-650 MILLION AFTER-TAX IN 2018.EXPECTS COMBINED RISK-BASED CAPITAL TO DECREASE BY 65 BASIS POINTS IF U.S. APPROVES NEW 21 PERCENT CORPORATE TAX RATE.METLIFE TRYING TO LOCATE SMALL SUBSET OUT OF 600,000 GROUP ANNUITANTS, ALTHOUGH TEND TO BE "SMALLER SIZE CASES".  Full Article

Metlife says searching for internal and external candidates to replace townsend
Thursday, 2 Nov 2017 

Metlife Inc :And u.s. Are set to file court motions on nov 17 related to findings in anticipated u.s. Treasury report about "systemically risky" designation process- metlife ceo.Expects to raise auto rates "in line with the industry" in the near future - conference call.Will not rule out making "strategic acquisitions" because of share repurchase programs - conf call.Says cio steven goulart is interim head of asia region after departure of chris townsend to aig aig.n.Says searching for internal and external candidates to replace townsend.  Full Article

Brighthouse Financial reports Q3 loss per share $7.87
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Brighthouse Financial Inc :Brighthouse Financial announces third quarter 2017 results.Q3 operating loss per share $5.64.Q3 loss per share $7.87.Q3 earnings per share view $2.14 -- Thomson Reuters I/B/E/S.Brighthouse Financial Inc - qtrly ‍net investment income decreased 12 percent quarter-over-quarter to $761 million​.Brighthouse Financial - ‍net loss in quarter includes a $1,073 million non-cash tax expense triggered prior to separation, recognized by co's former parent.Brighthouse Financial Inc - ‍ended q3 2017 with a book value of $13.8 billion, or $114.93 on a per share basis​.  Full Article

Metlife Inc Q3 Shr Loss $0.08
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Metlife Inc :Metlife Announces Third Quarter 2017 Results.Q3 Oper Shr $1.09.Q3 Shr Loss $0.08.Q3 Shr View $0.90 -- Thomson Reuters I/B/E/S.Qtrly total revenues $16.10 billion versus $15.83 billion.Q3 Rev View $15.75 Bln -- Thomson Reuters I/B/E/S.Qtrly premiums, fees & other revenues were $12.6 billion, up 9 percent over third quarter of 2016.As reported on an operating basis, qtrly net investment income was $4.2 billion, down 3 percent.at quarter end book value, excluding AOCI other than FCTA, was $40.96 per share, down 23 percent from $53.40 per share at Sept. 30, 2016.  Full Article

UPDATE 1-MetLife, U.S. regulators agree to set aside legal fight

WASHINGTON, Jan 18 The U.S. government and MetLife Inc announced on Thursday they would jointly seek to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system.