AllAnalyst Report
logoMorningstarAugust 30, 2024

MetLife, Inc.: MetLife's Profitability Remains Strong, Boosted by Higher Rates

Symbols
MET
Sector(s)
Financial Services
Rating
Current Price
$74.74
Fair Value
Economic Moat
Stewardship
Summary

MetLife is one of the largest life insurers in the US by assets and provides a variety of insurance and financial-services products. It is organized into five segments: US, Asia, Latin America, Europe/Middle East/Africa, and MetLife Holdings. The US business contributes around 50% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 22% of earnings and is mainly composed of the Japan business, with increasing contributions from India, China, and Bangladesh. The company also holds leading market

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