metlife inc (MET) Key Developments
MetLife Announces the launch Of New Premier Accumulator Universal Life SM (PAUL)
Jun 1 15
MetLife announced the launch of it's new Premier Accumulator Universal Life SM (PAUL) product. Designed to offer increased flexibility, the new option provides both death benefit protection and access to high early cash value accumulation to help policyholders meet a variety of financial goals. The benefits include access to more cash value, faster than traditional life insurance policies; competitive cash value accumulation that can be used to help meet financial goals, including supplementing retirement income; a non-correlated asset that removes the direct impact of market fluctuations from the client’s life insurance policy by growing policy values through interest crediting rates less deductions for charges; low surrender charges mean that clients will not face a severe financial penalty if they decide the policy no longer fits into their financial strategy; enhanced rate plus; eliminate the need for paramedical exams and lab work; and can boost a qualifying client’s rating class, resulting in better premiums.
Itaú To Sell Group Life Operations
Jun 1 15
Itaú Unibanco Holding S.A. (BOVESPA:ITUB4) has reportedly selected five companies with whom it is willing to negotiate a deal for its group life operations. Tokio Marine Holdings Inc. (TSE:8766), AXA Group (DB:AXA), Metlife, Inc. (NYSE:MET), Zurich Insurance Group Ltd (SWX:ZURN) and Marítima Seguros S.A. have until the end of June to send proposals to acquire the unit.
MetLife Launches Retirement Income Insurance QLAC
May 27 15
MetLife announced the launch of the MetLife Retirement Income Insurance qualifying longevity annuity contract. This deferred income annuity is designed specifically for the institutional market and is available for qualified defined contribution (DC) retirement plans.
MetLife, Inc. Presents at Bank of America Merrill Lynch 2015 Emerging Markets Corporate Conference, May-28-2015 03:10 PM
May 25 15
MetLife, Inc. Presents at Bank of America Merrill Lynch 2015 Emerging Markets Corporate Conference, May-28-2015 03:10 PM. Venue: Fontainebleau Miami Beach, 4441 Collins Avenue, Miami Beach, Florida, United States. Speakers: Dominic Guillossou, Director.
MetLife, Inc. Declares Second Quarter 2015 Preferred Stock Dividends, Payable June 15, 2015
May 15 15
MetLife, Inc. announced that it has declared second quarter 2015 dividends of $0.2555555 per share on the company’s floating rate non-cumulative preferred stock, Series A and $0.4062500 per share on the company’s 6.50% non-cumulative preferred stock, Series B. Both dividends are payable June 15, 2015, to shareholders of record as of May 31, 2015.