MetLife
MetLife is a global financial services leader providing life insurance, annuities, employee benefits, and institutional asset management. The company serves individual and institutional customers across the U.S., Asia, Latin America, and EMEA, leveraging a massive general account portfolio as one of the largest institutional investors in the United States. Its core value proposition centers on a trusted global brand and a diversified business model designed to deliver all-weather performance through its New Frontier strategy.
Financials
Based on Q1 2026 filing
Business Segments
Group Benefits
primaryProvides a diverse range of protection products and services to U.S. employers and their employees. The segment focuses on both employer-paid and voluntary products to help organizations manage benefit programs and employees protect their financial well-being.
Term Life Insurance, Variable Life Insurance, Universal Life Insurance, Dental, Disability, Accident & Health Insurance, Vision, Prepaid Legal Plans, Pet Insurance
Large U.S. employers, U.S. Government, Sponsoring associations, Affinity groups
Retirement and Income Solutions (RIS)
majorOffers funding and financing solutions to institutional customers to manage liabilities associated with employee benefit programs. This segment utilizes life and annuity-based products to provide risk mitigation and capital market investment solutions.
Stable Value Products, Pension Risk Transfers, Institutional Income Annuities, Structured Settlements, Group Deferred Annuities, Longevity Reinsurance Solutions, Funded Reinsurance Solutions, Funding agreement-backed notes
Benefit plan sponsors, Banks, Insurance companies, Federal Home Loan Bank of New York
International (Asia, Latin America, EMEA)
majorProvides life insurance, accident and health, and retirement products across developed and emerging markets outside the U.S. Operations are tailored to local market needs, ranging from face-to-face agency models in Japan to bancassurance and digital sales in Latin America.
Whole Life, Endowments, Credit Insurance, Hospitalization and Cancer Coverage, Fixed and Variable Annuities
Individual retail customers, Government employees, Corporate group customers
MetLife Investment Management (MIM)
moderateA dedicated institutional asset management segment providing public and private fixed income, real estate, and equity solutions. It serves third-party institutional investors globally while also managing MetLife's general account.
Separately managed accounts, Open-ended and close-ended funds, Public Fixed Income, Private Fixed Income, Real Estate Debt and Equity, Multi-Asset Solutions
Pension plans, Sovereign wealth funds, Endowments, Foundations, Family offices, Insurance companies
Segment Financials
Group Benefits — Policyholder Account Balance, Interest Expense
View metricGroup Benefits — Policyholder Benefits And Claims Incurred Net And Policyholder Dividends
View metricGroup Benefits — Premiums Earned, Net
View metricRIS — Net Investment Income
View metricRIS — Other Income
View metricRIS — Policyholder Account Balance, Interest Expense
View metricLatin America — Net Investment Income
View metricLatin America — Separate account liabilities
View metricLatin America — Premiums Earned, Net
View metricMIM — Net Investment Income
View metricMIM — Direct and Allocated Expenses
View metricMIM — Other Income
View metricBusiness Overview
Competitive Position
MetLife is a market leader in U.S. group insurance and maintains a top-tier global presence in life insurance and institutional asset management.
Geographies
United States, Japan, Mexico, Chile, United Kingdom, Turkey, France
Customer Segments
Fortune 500 Companies, Government Entities, Retail Consumers, Institutional Investors
Upstream Dependencies
Capital markets, Actuarial data providers, Technology and AI infrastructure, Reinsurance providers
Downstream Customers
Corporate employees, Retirees, Pension fund participants, Institutional asset owners
Competitors & Partners
Competitors
Prudential Financial
PRU
Direct competitor in life insurance and retirement services
Aflac
AFL
Competitor in supplemental health and Japanese insurance markets
American International Group
AIG
Life and retirement services competitor
Blackrock
BLK
Competitor in institutional asset management
The Hartford Financial Services Group
HIG
Competitor in group benefits and life insurance
Partners
Federal Home Loan Bank of New York
Issuer of funding agreements to MetLife insurance subsidiaries
Federal Agricultural Mortgage
AGM
Issuer of funding agreements to MetLife insurance subsidiaries
Subsidiaries
PineBridge Investments
Global asset manager acquired to accelerate growth in MIM
Metropolitan Life Insurance Company
Principal U.S. insurance subsidiary
Metropolitan Tower Life Insurance Company
U.S. insurance subsidiary
American Life Insurance Company
International insurance subsidiary
MetLife FAQ
Common questions about MetLife
MetLife is a global financial services leader providing life insurance, annuities, employee benefits, and institutional asset management. The company serves individual and institutional customers across the U.S., Asia, Latin America, and EMEA, leveraging a massive general account portfolio as one of the largest institutional investors in the United States. Its core value proposition centers on a trusted global brand and a diversified business model designed to deliver all-weather performance through its New Frontier strategy.
MetLife (MET) has a market capitalization of $54.1B and trades on NYSE.
MetLife generated $77.6B in trailing twelve-month revenue with net income of $3.6B, representing a net margin of 4.7%. These figures are based on the Q1 2026 filing.
MetLife's key competitors include Prudential Financial, Inc., AFLAC Incorporated, American International Group, Inc., and others. These companies compete in similar markets and product categories.
MetLife has approximately 45,000 employees.