MetLife, Inc. (NYSE:MET) today announced that Executive Vice
President and Chief Financial Officer John McCallion has provided a
third quarter 2018 financial update video.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20181101006013/en/
The video can be viewed on the company's website at
https://www.metlife.com/about-us/newsroom/#video.
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and
affiliates ("MetLife"), is one of the world's leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help its individual and
institutional customers navigate their changing world. Founded in
1868, MetLife has operations in more than 40 countries and holds
leading market positions in the United States, Japan, Latin
America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.
Forward-Looking Statements
This news release may contain or incorporate by reference
information that includes or is based upon forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements give expectations or
forecasts of future events. These statements can be identified by
the fact that they do not relate strictly to historical or current
facts. They use words and terms such as “anticipate,” “estimate,”
“expect,” “project,” “intend,” “plan,” “believe,” "will," and other
words and terms of similar meaning, or are tied to future periods,
in connection with a discussion of future performance. In
particular, these include statements relating to future actions,
prospective services or products, future performance or results of
current and anticipated services or products, sales efforts,
expenses, the outcome of contingencies such as legal proceedings,
trends in operations and financial results.
Many factors will be important in determining the results of
MetLife, Inc., its subsidiaries and affiliates. Forward-looking
statements are based on our assumptions and current expectations,
which may be inaccurate, and on the current economic environment,
which may change. These statements are not guarantees of future
performance. They involve a number of risks and uncertainties that
are difficult to predict. Results could differ materially from
those expressed or implied in the forward-looking statements.
Risks, uncertainties, and other factors that might cause such
differences include the risks, uncertainties and other factors
identified in MetLife, Inc.’s filings with the U.S. Securities and
Exchange Commission. These factors include: (1) adverse
effects which may arise in connection with the material weaknesses
in our internal control over financial reporting or our failure to
promptly remediate them; (2) difficult conditions in the global
capital markets; (3) increased volatility and disruption of
the global capital and credit markets, which may affect our ability
to meet liquidity needs and access capital, including through our
credit facilities, generate fee income and market-related revenue
and finance statutory reserve requirements and may require us to
pledge collateral or make payments related to declines in value of
specified assets, including assets supporting risks ceded to
certain of our captive reinsurers or hedging arrangements
associated with those risks; (4) exposure to global financial
and capital market risks, including as a result of the United
Kingdom’s notice of withdrawal from the European Union or other
disruption in global political, security or economic conditions;
(5) impact on us of comprehensive financial services
regulation reform; (6) numerous rulemaking initiatives
required or permitted by the Dodd-Frank Wall Street Reform and
Consumer Protection Act which may impact how we conduct our
business, including those compelling the liquidation of certain
financial institutions; (7) regulatory, legislative or tax
changes relating to our insurance, international, or other
operations that may affect the cost of, or demand for, our products
or services, or increase the cost or administrative burdens of
providing benefits to employees; (8) adverse results or other
consequences from litigation, arbitration or regulatory
investigations; (9) potential liquidity and other risks resulting
from our participation in a securities lending program and other
transactions; (10) investment losses and defaults, and changes
to investment valuations; (11) changes in assumptions related
to investment valuations, deferred policy acquisition costs,
deferred sales inducements, value of business acquired or goodwill;
(12) impairments of goodwill and realized losses or market
value impairments to illiquid assets; (13) defaults on our
mortgage loans; (14) the defaults or deteriorating credit of
other financial institutions that could adversely affect us;
(15) economic, political, legal, currency and other risks
relating to our international operations, including with respect to
fluctuations of exchange rates; (16) downgrades in our claims
paying ability, financial strength or credit ratings; (17) a
deterioration in the experience of the closed block established in
connection with the reorganization of Metropolitan Life Insurance
Company; (18) availability and effectiveness of reinsurance,
hedging or indemnification arrangements, as well as any default or
failure of counterparties to perform; (19) differences between
actual claims experience and underwriting and reserving
assumptions; (20) ineffectiveness of risk management policies
and procedures; (21) catastrophe losses; (22) increasing
cost and limited market capacity for statutory life insurance
reserve financings; (23) heightened competition, including
with respect to pricing, entry of new competitors, consolidation of
distributors, the development of new products by new and existing
competitors, and for personnel; (24) exposure to losses
related to variable annuity guarantee benefits, including from
significant and sustained downturns or extreme volatility in equity
markets, reduced interest rates, unanticipated policyholder
behavior, mortality or longevity, and any adjustment for
nonperformance risk; (25) our ability to address difficulties,
unforeseen liabilities, asset impairments, or rating agency actions
arising from (a) business acquisitions and integrating and managing
the growth of such acquired businesses, (b) dispositions of
businesses via sale, initial public offering, spin-off or
otherwise, including failure to achieve projected operational
benefits from such transactions and any restrictions, liabilities,
losses or indemnification obligations arising from any transitional
services or tax arrangements related to the separation of any
business, or from the failure of such a separation to qualify for
any intended tax-free treatment, (c) entry into joint ventures, or
(d) legal entity reorganizations; (26) unanticipated or adverse
developments that could adversely affect our achieving expected
operational or other benefits from the separation of Brighthouse
Financial, Inc. and its subsidiaries (“Brighthouse”); (27)
liabilities, losses or indemnification obligations arising from our
transitional services, investment management or tax arrangements or
other agreements with Brighthouse; (28) failure of the separation
of Brighthouse to qualify for intended tax-free treatment;
(29) legal, regulatory and other restrictions affecting
MetLife, Inc.’s ability to pay dividends and repurchase common
stock; (30) MetLife, Inc.’s and its subsidiary holding
companies’ primary reliance, as holding companies, on dividends
from subsidiaries to meet free cash flow targets and debt payment
obligations and the applicable regulatory restrictions on the
ability of the subsidiaries to pay such dividends; (31) the
possibility that MetLife, Inc.’s Board of Directors may influence
the outcome of stockholder votes through the voting provisions of
the MetLife Policyholder Trust; (32) changes in accounting
standards, practices and/or policies; (33) increased expenses
relating to pension and postretirement benefit plans, as well as
health care and other employee benefits; (34) inability to
protect our intellectual property rights or claims of infringement
of the intellectual property rights of others;
(35) difficulties in marketing and distributing products
through our distribution channels; (36) provisions of laws and
our incorporation documents that may delay, deter or prevent
takeovers and corporate combinations involving MetLife;
(37) the effects of business disruption or economic
contraction due to disasters such as terrorist attacks,
cyberattacks, other hostilities, or natural catastrophes, including
any related impact on the value of our investment portfolio, our
disaster recovery systems, cyber- or other information security
systems and management continuity planning; (38) any failure
to protect the confidentiality of client information; (39) the
effectiveness of our programs and practices in avoiding giving our
associates incentives to take excessive risks; (40) the impact
of technological changes on our businesses; and (41) other risks
and uncertainties described from time to time in MetLife, Inc.’s
filings with the U.S. Securities and Exchange Commission.
MetLife, Inc. does not undertake any obligation to publicly
correct or update any forward-looking statement if MetLife, Inc.
later becomes aware that such statement is not likely to be
achieved. Please consult any further disclosures MetLife, Inc.
makes on related subjects in reports to the U.S. Securities and
Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181101006013/en/
MetLifeFor Media:Ashia Razzaq, 212-578-1538orFor Investors:John
Hall, 212-578-7888
MetLife (NYSE:MET)
Historical Stock Chart
From Mar 2024 to Apr 2024
MetLife (NYSE:MET)
Historical Stock Chart
From Apr 2023 to Apr 2024