MetLife

Repost This

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.

Products Offered

General Information
Websitewww.metlife.com
TypeInsurance Company
Founded
Ownership
CountryUSA
Contact Information
Address
,
Phone
Fax

Information & Articles about MetLife

Lack of Yield Results in Variable Annuity Product Revamp at MetLife

Metlife posted record variable annuity sales of $8.6 billion during the most recent quarter.  The VA sales record represents an 86 percent increase from the same period a year ago.

MetLife also announced that it will be lowering the returns offered on future variable annuity offerings in an effort to “re-price and improve the risk profile” of their product offerings.

Record low interest rates have made it difficult to sustain the richer product features contained in the current variable annuity offerings.

Alico Powering MetLife's International Sales

MetLife announced second quarter results yesterday that included record revenue of $11.8 billion. 

Operating earnings totaled $1.3 billion—an increase of 45 percent from the second quarter of 2010. 

U.S. annuity sales increased 48 percent to $7.3 billion for the second quarter. 

The Alico acquisition appears to be a factor in international sales.  Total reported international sales doubled year-over-year, and were up 25 percent when compared with combined results for the same reporting period a year ago. 

Source: MarketWatch

Retirement Planning Options

What options are available to a soon-to-be retired household that is financially constrained?  What levers can be pulled if desired retirement spending is not realistic in light of retirement savings?

The financial profile we developed in related articles offers a case study of a financially constrained household.

While efforts are made to keep information on this page accurate and updated, the information shown on this page may be variable or out of date. Always check the issuing company's website or other public data listings for the latest information applicable to you as actual information may vary.

Find Financial Advisors

Click below to find financial advisors who provide annuities and retirement planning services. You may also add or edit a financial advisor profile.

Find Companies

Click below to find companies that provide products and services in the area of annuities and retirement planning. You may also add or edit a company listing.