MetLife Inc. is a financial services company operating in the insurance and financial protection industry, and is one of the world’s largest providers of life insurance, retirement solutions, corporate benefits, and asset management services.
The company was founded by a group of American entrepreneurs seeking to offer accessible financial protection and long-term solutions for families and workers.
Its product portfolio includes life insurance, home insurance, retirement plans, private pension products, corporate benefits, dental plans, wealth management solutions, and institutional investment services.
MetLife serves both individual clients and large corporations, including multinational companies that rely on its global benefits programs.
The company maintains a global presence in more than 40 countries across the Americas, Europe, and Asia, serving millions of customers with diverse financial protection needs.
Key market drivers include regulatory changes in the insurance industry, population aging, increased demand for retirement solutions, and the expansion of financial protection products in emerging markets. MetLife competes with major global insurance groups such as Prudential Financial, AIG, and Manulife.
MetLife’s operational structure includes corporate offices, digital platforms, service centers, and extensive networks of brokers and financial consultants. The company employs more than 43,000 people worldwide.
MetLife Inc. is listed on the New York Stock Exchange (NYSE) under the ticker MET.
History and Foundation of MetLife Inc.
MetLife Inc. traces its origins to 1868 in the United States, initially founded as the National Union Life and Limb Insurance Company. The company was created to provide insurance coverage to soldiers and workers during a period of financial instability following the Civil War.
Facing early operational challenges, the company restructured and adopted the name Metropolitan Life Insurance Company (MetLife) in 1868, shifting its focus to individual life insurance.
Throughout the 20th century, MetLife expanded rapidly, becoming a leading U.S. life insurer. The company grew through new product introductions, corporate partnerships, and international expansion.
MetLife completed its initial public offering (IPO) in 2000, marking one of the largest demutualizations in the history of the insurance industry.
From 2010 to 2020, the company strengthened its global footprint by entering new markets and acquiring regional insurers. In 2021, MetLife sold its auto and home insurance division to concentrate on higher-margin products such as retirement and corporate benefits.
Between 2020 and 2024, MetLife increased investments in digital platforms, automation, and global retirement solutions, reinforcing its position as a leader in financial protection and corporate benefits worldwide.
Additional Information
The Company MetLife Inc. (United States), is listed on NYSE with a market value of $ 53.41 Billions, having an equity of $ 29.19 Billions.
With a total of 49.000 employees, the company is listed in the sector of Financial and categorized in industry of Insurance.
In the last 12 months the Company had a revenue of $ 71.47 Billions, which generated a profit in the amount of $ 3.84 Billions.
As for its main indicators, the Company has a P/E ratio of 13.91, a P/BV ratio of 1.83 and in the last 12 months the dividend yield of MET was at 2.80%.
The Company is traded internationally through the ticker MET.