Latest MetLife Headlines
All the headlines from our MetLife Topic Page, ordered by recency.
U.S. Says Judge Nixing MetLife Too-Big-to-Fail Tag ‘Profoundly Mistaken’
Jun 20 2016 // The U.S. properly labeled MetLife Inc. as “too big to fail,” the government said, arguing to overturn a ruling that dealt a major blow to efforts to rein in risk in the financial system. A federal judge...
Federal Reserve Unveils New Proposed Capital Rules for Large Insurers
Jun 5 2016 // American International Group Inc. and Prudential Financial Inc.’s new capital rules should reflect the insurance business’s differences from Wall Street banking, the Federal Reserve said in a proposal to limit...
Insurers Rethinking $17.7 Billion Invested in Hedge Funds
May 24 2016 // Insurers have had about enough of hedge funds. Stung by market-trailing returns, the insurance industry in the U.S. is reversing course after more than doubling its hedge fund allocation over five years, to $17.7 billion...
Federal Reserve to Propose Lighter Capital Rules for Large Insurers Than Banks
May 23 2016 // U.S. insurers deemed big enough to threaten the financial system will probably face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve Governor Daniel Tarullo said...
MetLife’s Carey Joins PCI’s Federal Lobbying Team
Apr 11 2016 // The Property Casualty Insurers Association of America (PCI) announced that Kate Carey will be joining the organization as vice president, federal government relations. Carey has worked in the insurance industry for more...
MetLife Systemic Risk Battle Not Over as U.S. Files Appeal
Apr 11 2016 // The U.S. government on Friday appealed a court decision that major insurer MetLife cannot be considered “too big to fail” in the United States Court of Appeals for the District of Columbia, according to a...
Judge Calls FSOC Review of MetLife ‘Fatally Flawed;’ Government Vows Appeal
Apr 8 2016 // The U.S. government panel that decided MetLife Inc. was too big to fail erred in not analyzing the insurer’s vulnerability to financial distress, according to the federal judge who rescinded that designation last...
AIG CEO Hancock Sees Opportunity in MetLife Systemic Risk Win
Mar 31 2016 // A judge’s ruling that MetLife Inc. is not “too big to fail” opens up an opportunity for insurer American International Group Inc. to seek an exemption from the tag, AIG Chief Executive Peter Hancock said...
MetLife Victory Could Push AIG, Pru to Fight Systemic Risk Designations
Mar 31 2016 // After regulators slapped the too-big-to-fail label on MetLife Inc., Chief Executive Officer Steve Kandarian had several responses. One was to challenge government watchdogs in court — a move shunned by other insurers...
MetLife Wins Court Appeal to Strike Down Systemic Risk Tag
Mar 30 2016 // MetLife Inc. beat back a U.S. attempt to label it too big to fail, which would’ve put America’s biggest life insurer under tougher government scrutiny and forced it to put more money in reserves. A federal...
MetLife Auto & Home Launches Commercial Auto Insurance in Select States
Mar 3 2016 // MetLife Auto & Home has introduced its first commercial automobile policy. The product is now available in Illinois, Indiana and Ohio, with more states planned in the near future. The commercial auto coverage is an...
MassMutual Agrees to Buy MetLife Retail Adviser Network for $300M
Feb 29 2016 // Massachusetts Mutual Life Insurance Co. agreed to buy MetLife Inc.’s adviser-force business and affiliated broker-dealer for about $300 million. Massachusetts Mutual Life Insurance Co. has agreed to buy MetLife...
MassMutual Emerges as Potential Buyer of MetLife Retail Group
Feb 26 2016 // MetLife Inc., the life insurer that is reshaping its business mix to limit government oversight, is in talks with Massachusetts Mutual Life Insurance Co. about a possible sale of MetLife Premier Client Group, the...
Judge Challenges Regulators’ Lawyer Over MetLife SIFI Tag
Feb 11 2016 // A U.S. lawyer defending the government’s decision to designate MetLife Inc. a threat to the American economy if it were to falter was questioned sharply by a federal judge who was asked by the company to remove the...
Court Hears MetLife’s Challenge to ‘Too-Big-to-Fail’ Designation This Week
Feb 9 2016 // For MetLife Inc. Chief Executive Officer Steve Kandarian, the scariest risk is being classified as risky. MetLife lawyers go to court Wednesday seeking to overturn a too-big-to-fail designation in a lawsuit that could, if...
In MetLife Breakup, Who Gets Snoopy the Dog?
Feb 5 2016 // Breaking up is hard, especially when long- time partners have to decide who gets financial assets, property or even a pet. The split could be trickier, still, when one of the world’s most beloved dogs is...
MetLife CEO Raised Possibility of Breakup in 2014
Jan 28 2016 // MetLife Inc., looking to avoid tougher oversight, was examining options for a breakup or restructuring of the firm 14 months before announcing this year that it’s considering a sale, spinoff or public offering for...
The Struggle Getting U.S. Regulators to Understand Insurance
Jan 25 2016 // The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council (FSOC) is a done deal. But exactly what that means in terms of higher regulatory standards is still...
Icahn Activism Not AIG’s First Test Under Pressure
Jan 21 2016 // American International Group Inc. knows what it’s like to be circled by hawks. American International Group Inc. knows what it’s like to be circled by hawks. Under pressure in 2009 to repay the insurer’s...
The Struggle Getting U.S. Regulators to Understand Insurance
Jan 15 2016 // The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal. But exactly what that means in terms of higher regulatory standards is still not...
