MetLife - MET STOCK NEWS

MetLife (NYSE: MET) has announced a strategic partnership with SKYGEN to revolutionize dental provider experience and credentialing processes. The collaboration will integrate SKYGEN's Dental Hub into MetLife's dental provider network, creating a unified platform for providers to interact with all payer partners.

The Dental Hub streamlines the credentialing process by allowing providers to share information with multiple payer partners in one place, eliminating the need for multiple recredentialing packets every three years. This transformation aligns recredentialing dates across payers, significantly reducing administrative burden for providers.

As a leading carrier with one of the largest dental networks, MetLife's integration of the Dental Hub demonstrates its commitment to value-based dentistry and improving healthcare delivery efficiency. SKYGEN currently serves nearly 50 million members across all 50 states and processes 3 million claims monthly.

MetLife (NYSE: MET) has announced its upcoming first quarter 2025 earnings conference call and audio webcast, scheduled for Thursday, May 1, 2025, from 9-10 a.m. (ET). The company will release its Q1 2025 earnings report and Financial Supplement on Wednesday, April 30, 2025, after market close.

The conference call will be accessible live via the internet, with replay options available both via telephone and online from May 1, 2025, at 11:00 a.m. (ET) until May 8, 2025, at 11:59 p.m. (ET). Telephone replay access numbers are 800-770-2030 (U.S.) and 647-362-9199 (international), with Conference ID 34666.

MetLife (NYSE: MET) has been named to Fortune's 2025 List of 100 Best Companies to Work For®, marking its third consecutive year on this prestigious list. The recognition is based on Great Place To Work's Trust Index™ Survey, which gathered confidential feedback from over 1.3 million U.S. employees.

Survey results revealed strong employee satisfaction, with 90% of U.S. employees expressing pride in working for MetLife, and 86% considering it a great workplace. MetLife President and CEO Michel Khalaf emphasized the company's success in fostering an inclusive culture that energizes employees to deliver value for customers, communities, and shareholders.

The company also achieved recognition on Fortune's 2024 World's Best Workplaces™ list, being one of only 25 companies to receive this honor. Chief HR Officer Shurawl Sibblies highlighted the company's purpose of building confident futures for all stakeholders through its strong culture and engaged workforce.

MetLife's 2025 Enduring Retirement Model Study reveals strong commitment from plan sponsors to workforce retirement benefits, with 82% unable to envision discontinuing these offerings. The study highlights that 58% of sponsors believe economic conditions and market volatility, along with demographic shifts toward an aging workforce (57%), will shape the market's evolution.

Key findings show that companies maintain retirement benefits primarily to:

• Gain competitive advantage in talent retention (69%)
• Show commitment to employee welfare (57%)
• Enable workforce retirement readiness (52%)

The study identifies significant challenges, with 90% of sponsors reporting workers delaying retirement due to financial constraints. Additionally, 93% acknowledge retirees need guaranteed lifetime income, while 92% recognize increased reliance on DC plans following DB pension decline. Notably, 80% consider guaranteed lifetime income solutions important for DC plans, with 35% currently offering conversion options for guaranteed retirement income.

MetLife (NYSE: MET) has been recognized as a 2025 CIO 100 Award Winner for its innovative My Leave Navigator solution. This digital tool, part of MetLife's MyBenefits experience, helps employees manage time away from work during planned or unexpected life events.

My Leave Navigator provides a customized experience that guides employees through preparing for, taking, and returning from leave. The solution simplifies the complex leave management process by helping users understand available options and required claims, while ensuring compliance with mandated policies.

According to Bill Pappas, MetLife's Head of Global Technology and Operations, this award validates their commitment to customer-focused innovation. Ramy Tadros, Regional Vice President, U.S. Business, emphasized how the tool benefits both employees and employers by streamlining leave management and reducing HR intervention requirements.

MetLife (NYSE: MET) has announced the transformation of MetLife Xcelerator into a dedicated business unit in Latin America, marking a significant milestone in the company's New Frontier strategy. The platform, launched in November 2023, focuses on embedded insurance solutions and has already achieved remarkable success with over 4.5 million active customers and $200 million in premiums, fees, and other income.

Operating under a B4B2C model, Xcelerator integrates insurance solutions with strategic partners including digital banks, e-wallets, e-commerce platforms, and retailers. The unit is currently operational in Mexico, Brazil, and Chile, led by Javier Cabello and supported by a multidisciplinary team of experts.

The initiative aims to democratize insurance access through digital technology and strategic partnerships, creating fully customizable solutions that reduce time-to-market while addressing partner and consumer demands across the region.

MetLife's 23rd annual Employee Benefit Trends Study reveals concerning trends in workplace health and productivity, with notable decreases in holistic health (-5%), productivity (-5%), and engagement (-7%). The study highlights that 77% of employees cite rising medical costs and 68% mention economic uncertainty as primary stress sources.

In response to social and economic challenges, 81% of employees look to their employers for trust-building, being 1.5x more likely to trust their employer than other institutions. The study finds that employees who both trust and feel cared for by their employer are significantly more likely to feel holistically healthy (3.8x), engaged (2.4x), and productive (1.9x).

The research demonstrates that employers can build trust through supportive culture and positive benefits experiences. Notably, employees with positive benefits experiences are 2.4x more likely to feel holistically healthy and 2.1x more likely to trust their employer during economic downturns. MetLife's digital solution, Upwise, has shown promising results, with 64% adoption during enrollment and 84% completion rate for benefits recommendations in 2024.

MetLife (NYSE: MET) has confirmed its previously announced first quarter 2025 dividend for its Series A preferred stock. The dividend amount is set at $0.35516415 per share for the floating rate non-cumulative preferred stock (NYSE: MET PRA), which has a liquidation preference of $25 per share.

The dividend will be payable on March 17, 2025, to shareholders of record as of February 28, 2025 (adjusted from March 2, 2025, which falls on a Sunday). The New York Stock Exchange has yet to set an ex-dividend date for the Series A preferred stock.

MetLife (NYSE: MET) has announced the election of Christian Mumenthaler to its board of directors, effective May 1, 2025. Mumenthaler brings significant industry experience, having served as Group CEO of Swiss Re for eight years until June 2024, along with over 25 years of experience in various senior leadership roles at the global reinsurer.

His previous positions include Group Chief Risk Officer, Head of Life & Health, and Chief Executive Officer of Reinsurance. Mumenthaler, who holds a doctorate in physics from ETH Zurich, has also served in prominent industry roles including co-chair of the World Economic Forum Alliance of CEO Climate Leaders and board member of the Geneva Association.

The appointment aligns with MetLife's New Frontier strategy, with both Chairman R. Glenn Hubbard and CEO Michel Khalaf highlighting Mumenthaler's strategic vision and industry expertise as valuable additions to the board.