Company
MetLife, Inc.
Headquarters: New York, NY, United States
Founded: March 24, 1868
Employees: 49,000
CEO: Mr. Michel Abbas Khalaf
Market Cap
$49.89 Billion
USD as of July 1, 2024
MetLife, Inc. Categories
United States Financials Insurance—LifeUnited States Financials United States Insurance—Life
Company Description
MetLife, Inc. is among the largest global providers of insurance, annuities, and employee benefit programs through its subsidiary Metropolitan Life Insurance Company. Founded in 1968, MetLife operates in home, car, and life insurance, commercial mortgages and securities backed by commercial mortgages, and sovereign debt. It conducts business throughout the United States, Japan, Latin America, Asia Pacific region, Europe, and the Middle East.
Top Competitors by Market Capitalization
Industry: Insurance—Life
| Company | Market Cap (USD) |
|---|---|
| China Life | $95.97 B |
| Ping An Insurance | $95.13 B |
| AIA Group | $75.29 B |
| Aflac Incorporated | $50.60 B |
| Manulife Financial Corporation | $47.86 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through five segments: U.S.; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements. It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives. In addition, it provides fixed, indexed-linked, and variable annuities; and pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity reinsurance solutions; credit insurance products; and protection against long-term health care services. MetLife, Inc. was founded in 1863 and is headquartered in New York, New York.
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Stocks & Indices
MetLife, Inc. has the following listings and related stock indices.
Stock: NYSE: MET wb_incandescent
Stock: Bovespa: METB34 wb_incandescent
Stock: NYSE: MET.PR.A wb_incandescent
Stock: NYSE: MET.PR.E wb_incandescent
Stock: XETR: MWZ wb_incandescent
Product & Services
Insurance, Annuities, Employee Benefits
Key People
Michel A. Khalaf (President & CEO) Glenn Hubbard (Chairman)
Financials
Revenue: US$67.842 Billion (Fiscal Year Ended December 31, 2020)
Operating income: US$6.927 Billion (Fiscal Year Ended December 31, 2020)
Net income: US$5.407 Billion (Fiscal Year Ended December 31, 2020)
Total assets: US$795.146 Billion (Fiscal Year Ended December 31, 2020)
Total equity: US$74.817 Billion (Fiscal Year Ended December 31, 2020)