- CEO
- Michel Abbas Khalaf
- Full Time Employees
- 45,000
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 200 Park Avenue New York City NY United States of America 10166-0188
- IPO Date
- Jan 8, 2020
- Business
- MetLife, Inc. (NYSE: MET) provides insurance, annuities, employee benefits, and asset management services to individual, group, and institutional customers worldwide. Founded in 1868 and headquartered at 200 Park Avenue in New York City, the company operates through segments including Group Benefits, Retirement and Income Solutions, Asia, Latin America, Europe, the Middle East and Africa, and MetLife Holdings; it holds leading market positions in the United States, Japan, Latin America, Asia, Europe, the Middle East and Africa, with presence in more than 40 countries. Core products and services encompass group life insurance, dental insurance, group short- and long-term disability insurance, paid family and medical leave, individual disability insurance, accidental death and dismemberment coverage, accident and health insurance, vision insurance, pet insurance, prepaid legal plans; fixed, indexed-linked, and variable annuities; pension risk transfer products; regular savings products; whole and term life insurance, endowments, universal and variable life products; longevity and funded reinsurance solutions; credit insurance; accident and health products covering hospitalization, cancer, critical illness, income protection, and scheduled medical reimbursement; long-term care protection; and institutional asset management including public fixed income, private capital, and real estate investments. MetLife Investment Management, its institutional asset management arm, oversees over $609 billion in assets as of September 2024 and pursues growth under the New Frontier strategy; recent developments include the December 2024 agreement to acquire PineBridge Investments for $1.2 billion, expanding multi-asset, global funds, CLOs, direct lending, and European real estate capabilities with expected closure in 2025, and the January 2025 agreement to acquire high yield and bank loan, strategic fixed income, and small-cap equity teams from Mesirow managing approximately $6 billion in assets, enhancing its leveraged finance platform.