MetLife Inc - Company Profile
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MetLife Inc (MetLife) is a provider of insurance, employee benefits, annuities and asset management products and services. The company offer its insurance products for term life, variable life, universal life, dental, vision and accident and health, group short- and long-term disability, fixed and indexed linked annuities, individual disability, critical illness, and accidental death and dismemberment. It also offers investment management services, prepaid legal plans, administrative services-only contracts, retirement and income solutions. The company markets and sells its products and services to individuals, corporations and their respective employees, and other institutions and their respective members through independent agencies, brokerage firms, direct marketing, career agency, bancassurance and other third-party distribution channels. It operates in North America, Asia, Europe, Latin America, and the Middle East. MetLife is headquartered in New York City, New York, the US.
Headquarters
United States of America
Address
200 Park Avenue, New York, 10166
Website
www.metlife.com
Telephone
1 212 5785500
No of Employees
45,000
Industry
Financial Services
Ticker Symbol & Exchange
MET (NYSE)
Revenue (2022)
$69.9B
-1.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-61.3%
(2022 vs 2021)
Market Cap*
$47.3B
Net Profit Margin (2022)
XYZ
-60.6%
(2022 vs 2021)
* As of and is in US$
MetLife Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Variable Universal Life Insurance | Banking Services |
| Tern Life Insurance | Protection and Retirement Solutions |
| Whole Life Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company worked with Centro Benefits Research to launch the RFP and Quoting API integration for all ancillary employee benefits products. |
| 2023 | Contracts/Agreements | In October, the company announced a new strategic relationship with Nayya to become the exclusive insurance carrier to offer Nayya's capabilities to employers with more than 1,000 US employees on a go-forward basis. |
| 2023 | Contracts/Agreements | In October, the company partnered with the New York Giants to support local nonprofit organizations through the sale of newly launched co-branded first responder hats. |
Competitor Comparison
| Key Parameters | MetLife Inc | Allianz SE | Prudential Financial Inc | American International Group Inc (AIG) | The Allstate Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | United States of America | United States of America |
| City | New York | Muenchen | Newark | New York | Northbrook |
| State/Province | New York | Bayern | New Jersey | New York | Illinois |
| No. of Employees | 45,000 | 159,253 | 39,854 | 26,200 | 54,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| R. Glenn Hubbard | Chairman | Executive Board | 2019 | 64 |
| Michel A. Khalaf | Director; President; Chief Executive Officer | Executive Board | 2019 | 59 |
| John D. McCallion | Executive Vice President; Chief Financial Officer | Senior Management | 2018 | 49 |
| Tamara L. Schock | Chief Accounting Officer; Executive Vice President | Senior Management | 2019 | - |
| Pawan Verma | Chief Information Officer; Executive Vice President | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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