MetLife Inc. v. Financial Stability Oversight Council

T. ROWE PRICE GROUP ADDS CYNTHIA SMITH AS INDEPENDENT DIRECTOR

Retrieved on:

Thursday, August 3, 2023

Aurora, Insurance, T. Rowe Price, Aurora University, MetLife, Smith, Benedictine University, Smith College, MetLife Inc. v. Financial Stability Oversight Council, Holding company, Management

BALTIMORE, Aug. 3, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has elected Cynthia Smith as an independent director of the company.

Key Points:

BALTIMORE, Aug. 3, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has elected Cynthia Smith as an independent director of the company.
She is a certified management accountant and a graduate of the executive management program at Smith College.
Rob Sharps, chief executive officer and president of T. Rowe Price Group, Inc.
"We are pleased to announce Cynthia Smith as our newest director.
Cynthia is an accomplished business leader and senior executive, and her expertise will be invaluable to T. Rowe Price Group and our stockholders, customers, associates, and the communities we serve."

MetLife CFO John McCallion Provides Second Quarter 2023 Financial Update Video

Retrieved on:

Wednesday, August 2, 2023

Professional Services, Insurance, Finance, MET, MetLife Inc. v. Financial Stability Oversight Council, MetLife, McCallion, Multimedia, NYSE, Management, Engineered wood

MetLife, Inc. (NYSE: MET) today announced that Executive Vice President and Chief Financial Officer John McCallion has provided a second quarter 2023 financial update video.

Key Points:

MetLife, Inc. (NYSE: MET) today announced that Executive Vice President and Chief Financial Officer John McCallion has provided a second quarter 2023 financial update video.
This press release features multimedia.
View the full release here: https://www.businesswire.com/news/home/20230802583466/en/

AM Best Assigns Issue Credit Rating to MetLife, Inc.’s New Senior Unsecured Notes

Retrieved on:

Thursday, July 13, 2023

Professional Services, Insurance, Finance, AM Best, ALL, Credit, NYSE, Credit rating, MET, AM, MetLife, News, MetLife Inc. v. Financial Stability Oversight Council, Security (finance)

AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to the newly issued $1 billion, 5.375% senior unsecured notes due July 15, 2033, issued by MetLife, Inc. (MetLife) (headquartered in New York, NY) [NYSE: MET].

Key Points:

AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to the newly issued $1 billion, 5.375% senior unsecured notes due July 15, 2033, issued by MetLife, Inc. (MetLife) (headquartered in New York, NY) [NYSE: MET].
The outlook assigned to this Credit Rating (rating) is stable.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

MetLife Declares Third Quarter 2023 Common Stock Dividend

Retrieved on:

Tuesday, July 11, 2023

Banking, Professional Services, Insurance, MetLife, NYSE, MET, MetLife Inc. v. Financial Stability Oversight Council, Holding company

MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a third quarter 2023 common stock dividend of $0.52 per share. The dividend will be payable on Sept. 14, 2023, to shareholders of record as of Aug. 8, 2023.

Key Points:

MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a third quarter 2023 common stock dividend of $0.52 per share. The dividend will be payable on Sept. 14, 2023, to shareholders of record as of Aug. 8, 2023.

MetLife to Hold Conference Call for Second Quarter 2023 Results

Retrieved on:

Wednesday, July 5, 2023

Banking, Professional Services, Insurance, Finance, Telephone, MET, MetLife Inc. v. Financial Stability Oversight Council, NYSE, MetLife, News, Internet

MetLife, Inc. (NYSE: MET) today announced that it will hold its second quarter 2023 earnings conference call and audio webcast on Thursday, August 3, 2023, from 9-10 a.m. (ET).

Key Points:

MetLife, Inc. (NYSE: MET) today announced that it will hold its second quarter 2023 earnings conference call and audio webcast on Thursday, August 3, 2023, from 9-10 a.m. (ET).
The call will follow MetLife’s issuance of its second quarter 2023 earnings news release and Second Quarter 2023 Financial Supplement on Wednesday, August 2, 2023, after the market closes.
The news release and Second Quarter 2023 Financial Supplement will also be available on the MetLife Investor Relations web page ( https://investor.metlife.com ).
To listen to the conference call via the internet, click the link to the webcast on the MetLife Investor Relations web page ( https://investor.metlife.com ).

DentalInsurance.com Customer Satisfaction Expands Relationship with MetLife

Retrieved on:

Wednesday, June 28, 2023

HMO, MetLife, MetLife Inc. v. Financial Stability Oversight Council, Dental, PPO, Dentistry, Health insurance

"MetLife has supplied us with dental plans that offer compelling benefits at a price point demonstrating affordability and value.

Key Points:

"MetLife has supplied us with dental plans that offer compelling benefits at a price point demonstrating affordability and value.
Positive customer reviews have led us to expand the number of MetLife products we carry on our online dental insurance comparison tool."
"As a leading provider of dental insurance, MetLife is committed to offering modern, flexible coverage options as well as an exceptional service experience," said Chris Swanker, senior vice president, Dental at MetLife.
DentalInsurance.com currently offers a variety of PPO dental insurance and HMO dental insurance offerings from MetLife including:

MetLife Publishes 2022 Sustainability Report

Retrieved on:

Friday, June 23, 2023

MetLife, Inc. (NYSE: MET) has released its 2022 Sustainability Report, detailing how the company lives up to its purpose, contributes to more confident futures, and creates a virtuous circle of shared value for its customers, colleagues, communities and shareholders.

Key Points:

MetLife, Inc. (NYSE: MET) has released its 2022 Sustainability Report, detailing how the company lives up to its purpose, contributes to more confident futures, and creates a virtuous circle of shared value for its customers, colleagues, communities and shareholders.
Sustainability is integral to MetLife’s business.
MetLife’s sustainability strategy is guided by the United Nations Sustainable Development Goals and the company remains committed to driving meaningful impact around the world.
This year’s report highlights MetLife’s progress against these goals and how the company serves as a force for good, including:
Awarding $37.9 million in grants in 2022 through MetLife Foundation’s Economic Inclusion, Financial Health and Resilient Communities portfolios
Continuing to support a resilient and thriving environment by reducing greenhouse gas emissions by 49% since 2019, planting ~800,000 trees since 2020, and maintaining carbon neutrality, which MetLife has done since becoming the first U.S.-based insurer to achieve the status in 2016
Originating ~$885 million in DEI investments in 2022, nearly completing MetLife’s commitment of $1 billion by 2030
Expanding its 360Health offering throughout Asia in 2022 to help more customers improve their mental, physical, financial and social health
Completing 109,000+ volunteer hours in 2022, advancing MetLife towards its commitment of 800,000 volunteer hours by 2030
To read the 2022 Sustainability Report and learn more about MetLife’s sustainability commitments and progress, visit MetLife.com/Sustainability .

Replacement Reference Rate for U.S. Law-Governed U.S. Dollar LIBOR-Linked Preferred Stock and Debt Securities

Retrieved on:

Thursday, June 22, 2023

Professional Services, Insurance, Finance, MET, LIBOR, CME, MetLife Inc. v. Financial Stability Oversight Council, MetLife, NYSE, Security (finance), Health insurance

MetLife, Inc. (NYSE: MET) is issuing this press release to advise that the three-month U.S. dollar LIBOR in the U.S. law-governed U.S. dollar LIBOR-linked preferred stock and debt securities specified below (the “Specified Instruments”) issued by MetLife, Inc. (“MetLife”) and MetLife Capital Trust IV, as applicable, will be replaced with the CME Term SOFR Reference Rate published for a three-month tenor plus a spread adjustment of 0.26161%, effective for determinations made under the terms of the Specified Instruments after June 30, 2023 (the “Cessation Date”), when the relevant U.S. dollar LIBOR settings are expected to either cease publication or no longer be representative but will not affect any determinations made on or prior to the Cessation Date.

Key Points:

MetLife, Inc. (NYSE: MET) is issuing this press release to advise that the three-month U.S. dollar LIBOR in the U.S. law-governed U.S. dollar LIBOR-linked preferred stock and debt securities specified below (the “Specified Instruments”) issued by MetLife, Inc. (“MetLife”) and MetLife Capital Trust IV, as applicable, will be replaced with the CME Term SOFR Reference Rate published for a three-month tenor plus a spread adjustment of 0.26161%, effective for determinations made under the terms of the Specified Instruments after June 30, 2023 (the “Cessation Date”), when the relevant U.S. dollar LIBOR settings are expected to either cease publication or no longer be representative but will not affect any determinations made on or prior to the Cessation Date.

MetLife Publishes 2022 Sustainability Report

Retrieved on:

Thursday, June 22, 2023

MetLife, Inc. (NYSE: MET) today released its 2022 Sustainability Report, detailing how the company lives up to its purpose, contributes to more confident futures, and creates a virtuous circle of shared value for its customers, colleagues, communities and shareholders.

Key Points:

MetLife, Inc. (NYSE: MET) today released its 2022 Sustainability Report, detailing how the company lives up to its purpose, contributes to more confident futures, and creates a virtuous circle of shared value for its customers, colleagues, communities and shareholders.
Sustainability is integral to MetLife’s business.
MetLife’s sustainability strategy is guided by the United Nations Sustainable Development Goals and the company remains committed to driving meaningful impact around the world.
This year’s report highlights MetLife’s progress against these goals and how the company serves as a force for good, including:
Awarding $37.9 million in grants in 2022 through MetLife Foundation’s Economic Inclusion, Financial Health and Resilient Communities portfolios
Continuing to support a resilient and thriving environment by reducing greenhouse gas emissions by 49% since 2019, planting ~800,000 trees since 2020, and maintaining carbon neutrality, which MetLife has done since becoming the first U.S.-based insurer to achieve the status in 2016
Originating ~$885 million in DEI investments in 2022, nearly completing MetLife’s commitment of $1 billion by 2030
Expanding its 360Health offering throughout Asia in 2022 to help more customers improve their mental, physical, financial and social health
Completing 109,000+ volunteer hours in 2022, advancing MetLife towards its commitment of 800,000 volunteer hours by 2030
To read the 2022 Sustainability Report and learn more about MetLife’s sustainability commitments and progress, visit MetLife.com/Sustainability .

MetLife Announces Leadership Changes: CIO Goulart to Retire; Role Expansions for CFO McCallion, Risk Chief Debel and U.S. Business Head Tadros

Retrieved on:

Wednesday, June 21, 2023

MetLife Chief Financial Officer John McCallion will lead MetLife Investment Management (MIM) , the institutional asset management business of MetLife.

Key Points:

MetLife Chief Financial Officer John McCallion will lead MetLife Investment Management (MIM) , the institutional asset management business of MetLife.
MetLife Chief Risk Officer Marlene Debel will lead MetLife Insurance Investments, responsible for MetLife’s general account.
Ramy Tadros, Regional President of MetLife’s U.S. Business, will lead MetLife Holdings (MLH).
Debel was named Chief Risk Officer in 2019 after previously leading MetLife’s Retirement & Income Solutions business, serving as U.S. CFO and joining the company in 2011 as Treasurer.