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MetLife Newsroom
MetLife Weighs Private Credit M&A to Bolster Earnings Growth
Top Stock Movers Now: Adobe, MetLife, Oxford Industries, and More
Sector Update: Financial Stocks Lean Lower Premarket Thursday
MetLife (MET.US) aims for double-digit growth in adjusted earnings per share over the next five years.
According to a report by Reuters, Michel Khalaf, the CEO of MetLife (MET.US), stated that the goal is to achieve double-digit adjusted earnings per share growth in the next five years by increasing investments in core areas such as group benefits and asset management. Khalaf mentioned that the new five-year strategy plan aims not only for earnings per share growth but also for an adjusted return on equity of 15% to 17% and a reduction of direct expense ratio by one percentage point. To achieve these goals, MetLife is prioritizing the development of four existing business areas, including developing the department that provides group benefits insurance to employers, as well as in Latin America.
Sector Update: Financial
MetLife Targets Adjusted ROE of 15%-17% in New Long-term Plan
MetLife Investor Day Webcast At 8:30 AM ET
MetLife Unveils New Frontier Growth Strategy
Express News | MetLife Inc: Five-Year Growth Strategy to Support Consistent Delivery of Free Cash Flow of $25 Bln
Express News | MetLife Inc: Long-Term Financial Commitments Including Double-Digit Adjusted Earnings per Share Growth
Express News | MetLife Unveils New Frontier Growth Strategy and Long-Term Financial Commitments at 2024 Investor Day
KBW Maintains MetLife(MET.US) With Buy Rating, Maintains Target Price $97
MetLife and Hotung Inv Atlantic China Welding Consumables, Inc. plan to establish a reinsurance joint venture.
On December 11, according to Reuters, MetLife and General Atlantic are establishing a reinsurance joint venture, which is the latest trend of insurance companies and alternative fund management companies working together to enhance the return on low-risk insurance assets. This joint venture named Chariot Reinsurance will have an initial equity of over 1 billion dollars, with MetLife and General Atlantic each holding about 15% of the equity. In addition, the insurance company Chubb will also become one of the main investors in this joint venture.
MetLife, General Atlantic to Launch Bermuda-Based Reinsurance Business
Express News | MetLife Inc: Chariot Re Will Have a Future Strategic Reinsurance Partnership With MetLife
Express News | MetLife Inc: Chariot Re Is Expected to Launch in First Half of 2025
How Is MetLife's Stock Performance Compared to Other Insurance Stocks?
MetLife Investment Management Named a Best Place to Work in Money Management for Fourth Consecutive Year
MetLife Teams Up With Workday to Drive Benefit Program Efficiency for Employers
KBW Maintains MetLife(MET.US) With Buy Rating, Raises Target Price to $97