MetLife Stock Price, News & Analysis

MetLife is hosting the 'Hack4Job Coding Challenge' in Kuala Lumpur from October 14-16, aiming to attract tech talent for various roles in software development and cloud engineering. Participants will compete to create innovative solutions, with top teams qualifying for interviews at MetLife. This initiative reinforces MetLife's commitment to digital innovation and taps into Malaysia's potential as a tech hub, supported by its established Technology Center of Excellence.

MetLife is sponsoring a football game between Howard University and Morehouse College at MetLife Stadium on Sept. 17, 2022, aimed at promoting the significance of Historically Black Colleges and Universities (HBCUs) in enhancing economic mobility and student success. This initiative builds on MetLife's long-term support for HBCUs, including a recent $1 million commitment to the United Negro College Fund for scholarships. MetLife Foundation also provides a $250,000 grant to support Black students pursuing teaching careers. The event will be broadcast live on CNBC.

MetLife has introduced a new Dental Wellness Incentive aimed at enhancing employee dental benefits. This program encourages preventive care by rewarding employees for routine dental visits, thereby reducing out-of-pocket costs. The incentives include increased annual maximums, higher coinsurance percentages, and reduced deductibles over a three-year period. The plan, available for group plans starting between September 1 and November 1, 2022, promotes holistic health and aims to integrate dental care into overall well-being.

MetLife's 2022 Structured Settlements Poll reveals that while 88% of claims professionals recognize the benefits of structured settlements, 58% believe additional training is required. A significant 76% of claims professionals would choose structured settlements if they were claimants. The poll emphasizes the role of brokers and consultants in providing this information, yet only 22% report regular communication with them. The study, conducted between April 21 and June 13, included responses from 50 claims professionals, highlighting key areas for improvement in structured settlements outreach.

MetLife has appointed Ben Cushman as the head of Global Regulatory Policy, based in Washington, D.C., effective immediately. He will report to Susan Greenwell, senior vice president and head of Global Government Relations. Cushman previously served as vice president on MetLife’s International Government Relations team, advocating for its interests across the U.S. and Asia. His extensive experience includes over a decade with the U.S. Treasury Department, focusing on regulatory reforms and international financial services negotiations.

MetLife, Inc. (NYSE: MET) has appointed Meredith Ryan-Reid as CEO of Versant Health, effective September 1. With nearly 25 years in the insurance industry and a strong background in product development and innovation, Ryan-Reid aims to accelerate growth and enhance customer satisfaction at Versant Health. Ramy Tadros, co-chairman of the Versant Health Board, highlighted her suitability for the leadership role due to her customer-centric approach. Versant Health serves 38.5 million members across its extensive vision care networks, promising improved access to eye health solutions.

MetLife Investment Management (MIM) reported a record $9.2 billion in private placement debt and structured credit for the first half of 2022, with $90.5 billion in total assets under management. The origination included $5.3 billion in corporate private placements and $2.6 billion in infrastructure financing, reflecting a strong market recovery. Notably, MIM increased its infrastructure private placement by over 70% year-over-year. The firm's commitment to sustainability was evident with significant investments in green bonds and energy transition projects.

MetLife, Inc. (NYSE: MET) announced that CEO Michel Khalaf and CFO John McCallion will participate in a fireside chat at the 2022 Keefe, Bruyette & Woods Insurance Conference on September 7, 2022, at approximately 11:20 a.m. (ET). A live audio webcast of the event will be accessible online, with a replay available until September 16, 2022, at 11:59 p.m. (ET). MetLife, founded in 1868, offers insurance, annuities, employee benefits, and asset management across more than 40 markets worldwide.