MetLife Completes $10 Billion Variable Annuity Risk Transfer Transaction
The transaction reduces portfolio risk, accelerates the run-off of MetLife’s legacy blocks of business and represents the latest example of MetLife’s disciplined execution of risk transfer options within MetLife Holdings, the closed-block businesses of the company’s former
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About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in
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Source: MetLife, Inc.