- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 200 Park Avenue New York City United States of America 10166
- IPO Date
- Dec 3, 2003
- Business
- MetLife, Inc. is a leading global provider of insurance, annuities, and employee benefit programs to individual, group, and institutional customers. The company offers a diverse portfolio of products and services, including group life insurance; dental insurance; group short- and long-term disability insurance; paid family and medical leave; accidental death and dismemberment coverage; accident and health insurance; vision benefits; retirement and income solutions such as fixed, variable, immediate, and deferred annuities; pet insurance through MetLife Pet Insurance Solutions; and asset management services via MetLife Investment Management. MetLife, founded in 1868 and headquartered at the MetLife Building in New York City, operates in more than 40 countries across the United States, Japan, Latin America, Asia, Europe, the Middle East, and Africa, holding leading market positions in markets such as Mexico, Japan, South Korea, Bangladesh, and Chile. Subsidiaries and affiliates include Metropolitan Life Insurance Company and various regional entities supporting its global operations.
In December 2024, MetLife unveiled its New Frontier five-year growth strategy, prioritizing expansion in group benefits leadership, retirement solutions, asset management growth, and high-growth international markets in Latin America and Asia through innovative distribution and product diversification. The company agreed in January 2025 to acquire traditional fixed income and equity portfolio management teams from Mesirow managing approximately $6 billion in assets, enhancing its leveraged finance platform and higher-yield capabilities in alignment with the New Frontier strategy, following the anticipated acquisition of PineBridge Investments. In July 2024, MetLife Investment Management closed a $1.2 billion private equity partners fund II via a managed transaction, acquiring a diversified portfolio of private equity and co-investment interests to bolster its alternatives offerings. These initiatives build on prior strategic shifts, including the 2017 spin-off of its U.S. retail life insurance business to Brighthouse Financial and the 2021 sale of its auto and home insurance business to Farmers Insurance Group.