News & Events zu MetLife Inc (MET)METMetLife Inc

MetLife Reports Q2 Revenue of $19.15B

Reports Q2 revenue $19.15B, consensus $19.55B. Comment from Michel Khalaf, President and Chief Executive Officer: "MetLife delivered an excellent second quarter. Adjusted earnings per share rose 20 percent, powered by strong underwriting and broad volume growth. Our New Frontier strategy is working. Disciplined execution is driving balanced growth and generating attractive returns, with adjusted return on equity at 17 percent year-to-date. Our scale, diversification and financial strength set MetLife apart, and this quarter further reinforces our ability to create value for shareholders across cycles, while keeping customers at the center of everything we do."

MetLife Investment Management Closes Approximately $1.2B Fund

MetLife Investment Management announced the closing of approximately $1.2B in commitments to MetLife Investment Private Equity Partners Fund III, the third fund in MIM's private equity investment platform for institutional investors. The new fund purchased a portfolio of approximately $754M of private equity, venture capital and equity co-investment interests with funded and unfunded commitments totaling $966M from MetLife affiliates as part of a managed secondary sale transaction anchored by funds managed by Lexington Partners, which served as lead investor.

MetLife Launches Flexible Non-Qualified Assignment Agreement

MetLife announced the Non-Qualified Assignment Flex Agreement, a new deferred payment solution designed to help attorneys and brokers resolve non-physical injury claims with more flexible settlement structures. The NQA-FA enables settlements to be paid over time, including through deferred start dates, lump sums and customized payment schedules aligned to client needs. The NQA-FA utilizes a funding agreement rather than an annuity and gives attorneys and brokers greater control over how and when settlement payments are delivered across a broad range of non-physical injury cases. These include employment litigation, wrongful termination, discrimination, contract disputes, construction defects, property and environmental claims, liability policy buy-outs, punitive damages, and attorney fees. With approval, both individuals and businesses may be designated as payees.