Everence Capital Management Inc. has let go of 6,210 shares of
MetLife, Inc. The insurance corporation has also appointed
Nick Nadgauda as the new Global Chief Information Officer.
MetLife teams up with General Atlantic to launch a reinsurance venture,
Chariot Re. Meanwhile, MetLife Investment Management acquires
PineBridge Investments in a $1.2B global asset management deal. It has also been reported that MetLife has been named among Fortune's top 25 global workplaces for 2024. This comes despite the corporation missing Q3 earnings and revenue estimates. The asset management arm of MetLife expands its reach with the PineBridge buyout. The company has been awarded a best place to work for the 4th straight year by MetLife Investment Management.
MetLife is also targeting double-digit EPS growth and $25B free cash flow with its 'New Frontier' strategy. There is also news of a reported data breach at the Metropolitan Life Insurance Company. Meanwhile, investors that bought into the company five years ago have seen a 121% increase. Despite a drop in the company’s profit attributed to group benefits unit weakness, the insurer remains fortified in its sector.
Metlife MET News Analytics from Fri, 03 May 2024 18:47:58 GMT to Sat, 04 Jan 2025 09:14:20 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
