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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Financial Planning reports that sales of longevity insurance or longevity annuities have been slow over the past couple of years. Many companies, including MetLife and The Hartford, have introduced products that are specifically intended to address longevity risk. However, sales of the products have been slower than many industry executives would have expected. One of the factors preventing more widespread adoption is the general misunderstanding and underestimation of longevity risk among the broader public. Source: Financial Planning |
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U.S. annuity industry leader MetLife reported strong earnings and provided an optimistic outlook for the remainder of 2010. Metlife reported a 12 percent increase in revenue to $8.8 billion during the most recent quarter. The revenue and earnings picture was aided by a 31 percent increase in investment income. MetLife's U.S. annuity sales were $4.4 billion. This included an 8 percent increase in variable annuity sales relative to last year. Source: Reuters |
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Investment News reports that public officials met with retirement income industry executives at the MetLife benefits symposium in Washington. Part of the discussion focused on the use of annuities in defined contribution pension plans such as 401ks. Mark J. Iwry--a senior advisor to the Treasury Secretary--spoke on the issues and challenges surrounding annuitization of private pension plan assets. Some of Iwry's comments also appeared to be favorable with respect to longevity annuities, a highly leveraged and efficient form of deferred annuity that is still relatively new. Source: Investment News |
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