MetLife

The Metropolitan Life Insurance Company (MetLife) is a leading provider of insurance and other financial services to millions of individual and institutional customers throughout the United States.

MetLife is one of the largest and strongest providers of variable annuity products in the United States and abroad. The company also offers products in the areas of life insurance, disability insurance, retirement savings, auto insurance, dental insurance, employee benefits and banking services.

MetLife serves 90 million people in over 50 countries and is a publicly listed company on the New York Stock Exchange.

MetLife Product Reviews
Product Review of PrimElite IV: "I am wondering what makes this product unique or noteworthy other than the fact..." Product Review of MetLife Longevity Income Guarantee: "There are 2 versions of MetLife's longevity annuity. The first is what they..." Product Review of MetLife Longevity Income Guarantee: "Metlife is one of several insurance companies offering a longevity insurance..."

Products Offered
Class A Class A New York Class B Class B New York Class C New York Class L New York Class S New York Class VA New York Class XTRA New York Class XTRA6 New York Enhanced Preference Plus Account Financial Freedom Account Gold Track Select Marquis Portfolios Marquis Portfolios New York Max Income Immediate Fixed Annuity MetLife Financial Freedom Select MetLife Longevity Income Guarantee MetLife Simple Solutions MetLife Simple Solutions New York Preference Flex Select Flexible Premium Deferred Fixed Annuity Preference Guaranteed Select Deferred Fixed Annuity Preference Plus Account Preference Plus Income Advantage Preference Plus Select Preference Premier PrimElite IV PrimElite IV New York Series C Series L Series S Series VA Series XC Series XTRA Series XTRA6

Products Offered

General Information
Website	www.metlife.com
Type	Insurance Company
Founded
Ownership
Country	USA

Contact Information
Address	,
Phone
Fax

Information & Articles about MetLife

Who Provides Longevity Insurance

The U.S. longevity insurance market has been developing for almost a decade, and yet there are still only a handful of insurance companies providing retail longevity annuities.

This is somewhat surprising given demographics, longevity trends, capital market conditions and recent regulatory guidance that should provide a boost to longevity annuities.

What is Driving the Rush for the Variable Annuity Exit?

The variable annuity industry in the U.S. is highly concentrated. Ten insurance companies generate roughly 80 percent of industry revenue, and the top 20 companies generate over 90 percent of total sales.

A meaningful signal is sent when five of the top 20 variable annuity companies announce that they are either exiting the business entirely or paring-back existing product lines.

This is exactly what has taken place over the past several months with the following companies dialing down their variable annuity exposure or pulling-out entirely:

Slow and Steady at SunAmerica Proving Variable Annuity Business Not as Bad as it Seems

Despite a barrage of negative press, it appears that SunAmerica’s measured approach to the variable annuity business is demonstrating that the successful production of variable annuities is similar to most other lines of insurance.

The Hartford’s recent decision to exit the variable annuity business entirely is attributable in part to their management’s (under significant shareholder pressure) view that the VA business is capital intensive and has relatively unattractive economics compared to certain property and casualty lines.

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