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
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