Wondering if MetLife recognized the irony in naming their most currrent...
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.
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Product Review of Preference Premier
There is an interesting feature available through this product that allows for... Product Review of MetLife Longevity Income Guarantee
Metlife is one of several insurance companies offering a longevity insurance... Product Review of MetLife Longevity Income Guarantee
There are 2 versions of MetLife's longevity annuity.
The first is what they... |
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| Website | http://www.metlife.com |
| Type | Insurance Company |
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| Country | USA |
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| Address | , |
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Information & Articles about MetLife
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An article in Bank Investment Consultant questions whether TIAA-CREF has the ability to maintain its leadership position in the annuity industry. TIAA-CREF had $3.5 billion in variable annuity sales during the first quarter of 2009. Only MetLife at $3.7 billion ranked ahead of TIAA-CREF. TIAA ranked third in total annuity sales during the first quarter and has $375 billion in assets under management. The article essentially questions whether TIAA will continue to gather assets at its current pace. While that may prove difficult, assets have migrated to sources of the highest quality and stability such as TIAA and MetLife. Both companies have benefited from this flight to quality, and there does not appear to be any reason why this would not continue to be the case. Source: Bank Investment Consultant
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Life and annuity insurer MetLife reported strong operating results for the second quarter. Earnings from operations exceeded analyst forecasts and came in at $723 million for the quarter. Derivatives losses of $1.8 billion affected reported net income. MetLife's variable annuity business is strong with deposits increasing 27% to a record $4.5 billion in the second quarter of 2009. This stands in contrast to rival Hartford Financial which reported variable annuity deposits of $701 million for the second quarter--down from $2.2 billion in the same period of the prior year. Source: MarketWatch |
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MetLife recently announced the launch of a simple, low cost variable annuity called Simple Solutions. The Simple Solutions variable annuity will be sold through banks and is intended to address retirees and near-retirees in the range of 60-80 years of age. Features and highlights include:
Source: MetLife |
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