MetLife
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MetLife

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    • Financial Serviceshome insuranceinsurancelife insurancemortgages

    MetLife is a provider of insurance, employee benefits and financial services. The Company offers a variety of insurance and financial services products, including life, dental, disability and long-term care insurance, various annuity products, and auto and home insurance. Within the United States, it also provides a range of savings and mortgage banking products. The Company's segments include Insurance Products (group life, individual life and non-medical health insurance products), Retirement Products (individual and institutional annuity products), Corporate Benefit Funding (pension closeouts, structured settlements and other benefit funding solutions), Auto and Home segment, International, as well as Banking, Corporate and Other.

    Revenue(FY, 2017)
    $62.3 B
    Market capitalization(2018-09-20)
    $48.2 B
    TypePublic
    HQNew York, US
    Founded1868
    Size (employees)49,000 (est)-15%
    Websitemetlife.com
    MetLife was founded in 1868 and is headquartered in New York, US
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    Key People/Management at MetLife

    Steven A Kandarian

    Steven A Kandarian

    Chairman, President and Chief Executive Officer
    Stephen W Gauster

    Stephen W Gauster

    Executive Vice President & General Counsel
    Steven J Goulart

    Steven J Goulart

    Executive Vice President and Chief Investment Officer
    Michel A Khalaf

    Michel A Khalaf

    President, U.S. Business and EMEA
    Esther Lee

    Esther Lee

    Executive Vice President, Global Chief Marketing Officer
    Martin J Lippert

    Martin J Lippert

    Executive Vice President, Global Technology & Operations
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    MetLife Office Locations

    MetLife has offices in Dubai, Bayrut, Cairo, Brighton and in 53 other locations
    New York, US (HQ)
    200 Park Avenue
    San Nicolas, AR
    646 Tte. Gral. Juan Domingo Perón
    Sydney, AU
    2 Park St
    São Paulo, BR
    1253 Av. Engenheiro Luís Carlos Berrini
    Praha 1, CZ
    3 Purkyňova
    Cairo, EG
    Banks Center St
    Show all (57)
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    MetLife Financials and Metrics

    MetLife Revenue

    MetLife's revenue was reported to be $62.31 b in FY, 2017 which is a 1.8% decrease from the previous period.
    USD

    Revenue (Q2, 2018)

    		36 b

    Net income (Q2, 2018)

    		2.2 b

    Market capitalization (20-Sep-2018)

    		48.2 b

    Closing stock price (20-Sep-2018)

    		48.4
    MetLife's current market capitalization is $48.2 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		73.3 b70 b63.5 b62.3 b

    Revenue growth, %

    		8%(5%)(9%)(2%)

    Operating expense total

    		64.5 b62.5 b63.7 b58.8 b

    Pre tax profit

    		8.8 b7.5 b(195 m)3.5 b
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Revenue

    		18.7 b16.2 b18 b18.4 b15.2 b17.7 b16.3 b17.2 b16.1 b14.8 b36 b

    Operating expense total

    		15.7 b15.1 b15.9 b15.5 b15.3 b17.2 b15.5 b16.2 b15.6 b13.1 b33.2 b

    Pre tax profit

    		3.1 b1.1 b2.2 b2.9 b(100 m)548 m817 m1 b501 m1.7 b

    Income tax expense

    		896 m(6 m)956 m719 m(214 m)(25 m)(12 m)115 m(392 m)399 m606 m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		10.8 b12.8 b17.9 b12.7 b

    Goodwill

    		9.9 b9.5 b9.2 b9.6 b

    Total Assets

    		902.3 b877.9 b898.8 b719.9 b

    Short-term debt

    		100 m100 m242 m477 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Cash

    		8.1 b8.1 b10.2 b13.3 b17.1 b15.9 b17.4 b17.3 b13 b13.9 b

    Inventories

    		438.8 b

    Goodwill

    		9.7 b9.6 b9.5 b9.7 b9.9 b9.6 b9.4 b9.4 b9.6 b9.7 b9.5 b

    Total Assets

    		919.8 b898.4 b882.5 b917.4 b942.6 b952.9 b914.7 b925.2 b720.5 b712.6 b706.3 b
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		6.3 b5.3 b804 m4 b

    Depreciation and Amortization

    		713 m693 m652 m795 m

    Cash From Operating Activities

    		16.4 b14.1 b14.8 b12.3 b

    Cash From Investing Activities

    		(15.1 b)(10.4 b)(5.9 b)(16.9 b)
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

    Cash From Operating Activities

    		2.7 b6.9 b9.5 b2 b6.3 b9.2 b2.1 b5.5 b10.2 b1.3 b6.9 b

    Cash From Investing Activities

    		(6.9 b)(6.8 b)(6.9 b)(5.7 b)(9.9 b)(14.6 b)(4.3 b)(7.1 b)(17.2 b)(485 m)(4.8 b)

    Long-term Borrowings

    		(7 m)(1 b)(1.1 b)(5 m)(1.3 b)(1.3 b)(4 m)(9 m)(60 m)(32 m)944 m

    Dividends Paid

    		(424 m)(875 m)(1.3 b)(419 m)(906 m)(1.4 b)(443 m)(920 m)(1.4 b)(422 m)
    show all
    USDY, 2018

    Financial Leverage

    		13.1 x
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    MetLife Operating Metrics

    FY, 2014FY, 2015FY, 2016FY, 2017

    Sales Offices

    		265 240 35

    Partners

    		475 230

    Representatives (EMEA)

    		11.35 k10.90 k10.41 k10.98 k

    Representatives (Latin America)

    		11.50 k11.90 k12.18 k12.08 k
    Show all operating metrics

    MetLife Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    Logan Circle PartnersJuly 07, 2017$250 m
    American Life Insurance CompanyOctober 31, 2010$15.50 m
    Safeguard Health EnterprisesJanuary 31, 2008
    Grand Bank N.A.August 15, 2000
    General American Life Insurance CompanyAugust 25, 1999
    Security First Group, Inc.December 31, 1996$337 m
    1001 PROPERTIES, LLC
    10700 WILSHIRE, LLC
    1075 PEACHTREE, LLC
    1201 TAB MANAGER, LLC
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    MetLife Revenue Breakdown

    Embed Graph

    MetLife revenue breakdown by business segment: 18.2% from MetLife Holdings, 51.0% from U.S., 18.2% from Asia, 8.0% from Latin America and 4.5% from Other

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    Competitors

    New York Life Insurance Company
    Financial Services - Private
    American International Group
    Financial Services - Public
    Prudential Financial
    Financial Services - Public
    Brighthouse Financial
    Financial Services - Public
    Sun Life Financial
    Financial Services - Public
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    MetLife Online and Social Media Presence

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    MetLife News and Updates

    September 19, 2018

    Customize Your Ancillary - LISI and CoPower Deliver New MetLife Small Group Product Enrollment and Administration

    SAN MATEO, Calif., Sept. 19, 2018 /PRNewswire/ -- LISI, Inc., (LISI), a leading General Agent (GA), has teamed up with CoPower, an insurance benefits and administration service provider to launch a new product and administration offering across the entire MetLife small group portfolio....
    September 18, 2018

    CoPower and LISI Simplify Enrollment and Servicing of MetLife Small Group Products

    SAN MATEO, Calif., Sept. 18, 2018 /PRNewswire/ -- CoPower, an insurance benefits and administration service provider, and LISI, a leading general agency, launched new product and administrative services that encompass the entire MetLife small group portfolio. Now, small businesses and...
    August 30, 2018

    MetLife Breaks Ground With $1 Billion Bond Based on Libor Heir

    MetLife Breaks Ground With $1 Billion Bond Based on Libor Heir
    August 16, 2018

    MetLife, State Street Strike $2 Billion Mortgage Partnership

    MetLife, State Street Strike $2 Billion Mortgage Partnership
    August 07, 2018

    Cake & Arrow Publishes White Paper Exploring Insurance and Millennials, Challenging Assumptions About Millennial Values and Behaviors

    NEW YORK, Aug. 7, 2018 /PRNewswire/ -- Cake & Arrow, a customer experience design agency that designs and builds digital products for the insurance industry, today published a white paper based upon the results of a survey of over 300 Millennials exploring the mindsets, values, and...
    August 07, 2018

    PNB Housing Finance stake sale, PNB MetLife IPO this fiscal

    PNB is looking for a strategic investor for PNB Housing Finance, said MD Sunil Mehta, adding that merchant bankers for PNB MetLife IPO have been appointed
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    MetLife Company Life and Culture

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