MetLife CFO John McCallion Provides Fourth Quarter and Full Year 2019 Financial Update Video
February 05 2020 - 4:15PM
Business Wire
MetLife, Inc. (NYSE: MET) today announced that Executive Vice
President and Chief Financial Officer John McCallion has provided a
fourth quarter and full year 2019 financial update video.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20200205005793/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 markets globally 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 "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) difficult economic
conditions, including risks relating to interest rates, credit
spreads, equity, real estate, obligors and counterparties, currency
exchange rates, derivatives, and terrorism and security; (2)
adverse capital and credit market conditions, which may affect our
ability to meet liquidity needs and access capital, including
through our credit facilities; (3) downgrades in our claims paying
ability, financial strength or credit ratings; (4) availability and
effectiveness of reinsurance, hedging or indemnification
arrangements; (5) increasing cost and limited market capacity for
statutory life insurance reserve financings; (6) the impact on us
of changes to and implementation of the wide variety of laws and
regulations to which we are subject; (7) regulatory, legislative or
tax changes relating to our operations that may affect the cost of,
or demand for, our products or services; (8) adverse results or
other consequences from litigation, arbitration or regulatory
investigations; (9) legal, regulatory and other restrictions
affecting MetLife, Inc.’s ability to pay dividends and repurchase
common stock; (10) MetLife, Inc.’s primary reliance, as a holding
company, 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; (11) investment losses, defaults and volatility; (12)
potential liquidity and other risks resulting from our
participation in a securities lending program and other
transactions; (13) changes to securities and investment valuations,
allowances and impairments taken on investments, and methodologies,
estimates and assumptions; (14) differences between actual claims
experience and underwriting and reserving assumptions; (15)
political, legal, operational, economic and other risks relating to
our global operations; (16) competitive pressures, 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; (17) the impact of technological
changes on our businesses; (18) catastrophe losses; (19) a
deterioration in the experience of the closed block established in
connection with the reorganization of Metropolitan Life Insurance
Company; (20) impairment of goodwill or other long-lived assets, or
the establishment of a valuation allowance against our deferred
income tax asset; (21) changes in assumptions related to deferred
policy acquisition costs, deferred sales inducements or value of
business acquired; (22) exposure to losses related to guarantees in
certain products; (23) ineffectiveness of risk management policies
and procedures or models; (24) a failure in our cybersecurity
systems or other information security systems or our disaster
recovery plans; (25) any failure to protect the confidentiality of
client information; (26) changes in accounting standards; (27) our
associates taking excessive risks; (28) difficulties in or
complications from marketing and distributing products through our
distribution channels; (29) increased expenses relating to pension
and other postretirement benefit plans; (30) inability to protect
our intellectual property rights or claims of infringement of
others’ intellectual property rights; (31) difficulties, unforeseen
liabilities, asset impairments, or rating agency actions arising
from business acquisitions and dispositions, joint ventures, or
other legal entity reorganizations; (32) unanticipated or adverse
developments that could harm our expected operational or other
benefits from the separation of Brighthouse Financial, Inc. and its
subsidiaries; (33) 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; (34)
provisions of laws and our incorporation documents that may delay,
deter or prevent takeovers and corporate combinations involving
MetLife; and (35) 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200205005793/en/
For Media: Ashia Razzaq (212) 578-1538 For Investors: John Hall
(212) 578-7888
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