For Immediate Release Chicago, IL – June 14, 2024 – Today, Zacks Equity Research discusses MetLife Inc. (MET) , American International Group Inc. (AIG) , Prudential Financial Inc. (PRU) , The Hartford Financial Services Group (HIG) and Old Republic International Corp. (ORI) . Industry: Multi-line Insurance Link: https://www.zacks.com/commentary/2287921/5-multiline-insurers-to-watch-amid-rising-insurance- demand Product diversification helps Zacks Multiline Insurance industry players lower concentration risk ...

MetLife, Inc. (MET) is reportedly in talks to acquire Hayfin Capital Management, a London-based private credit specialist, per Bloomberg. The potential deal might value Hayfin Capital Management at $1.3 billion. The company has been looking to divest its operations for the past year and has even attracted interest from several parties. Hayfin Capital Management was founded in 2019 by former Goldman Sachs executives Tim Flynn and Mark Tognolini. The company invests across the private credit spectrum, focusin ...

MetLife, Inc. (MET) is reportedly in talks to acquire Hayfin Capital Management, a London-based private credit specialist, per Bloomberg. The potential deal might value Hayfin Capital Management at $1.3 billion. The company has been looking to divest its operations for the past year and has even attracted interest from several parties. Hayfin Capital Management was founded in 2019 by former Goldman Sachs executives Tim Flynn and Mark Tognolini. The company invests across the private credit spectrum, focusin ...

MetLife, Inc. (MET) recently unveiled My Leave Navigator, a new digital tool designed to enhance the employee experience from pre-leave planning to accessing different employer-sponsored programs. This offering, integrated into MetLife's MyBenefits suite, aims to provide personalized, intuitive support for employees taking leave due to various life events, including expansion of their families, caring for family members, or recovering from an illness. The company's recent research highlights that 62% of emp ...

总资产和投资 - 2024年3月31日，MetLife, Inc.的总资产为677,576百万美元，较2023年12月31日的687,584百万美元有所下降[8] - 2024年3月31日，MetLife, Inc.的总投资为440,004百万美元，其中固定成熟证券占比最大，为278,409百万美元[8] 净收入和股东权益 - 2024年3月31日，MetLife, Inc.的净收入为875百万美元，较2013年同期的85百万美元有显著增长[9] - 2024年3月31日，MetLife, Inc.的股东权益为28,796百万美元，较2023年12月31日的30,253百万美元有所下降[10] 财务表现 - 2024年3月31日，MetLife, Inc.的每股基本收益为1.11美元，较2013年同期的0.02美元有显著增长[10] - MetLife, Inc. 2024年第一季度经营活动现金流为净现金流入2,328百万美元[11] 业务部门表现 - MetLife Holdings部门的长期护理产品在2024年第一季度的预期净保费现值为55亿美元，较去年同期下降5.1%[50] - 亚洲区域的意外伤害和健康产品在日本和韩国提供各种保险覆盖[48] 资产和负债 - 公司建立了保险政策下应付金额的负债，包括传统和有限支付合同、延迟利润负债等[42] - 公司的未来政策福利负债总额为191013万美元[43] 投资组合 - 公司的分账资产主要包括稳定价值和风险解决方案、年金等[72] - MetLife, Inc. 2024年3月31日的固定收益证券总额为62,803百万美元，其中公司债券占50,502百万美元[75] 风险管理 - 利率互换是公司用于管理利率风险的一种常用衍生品[109] - MetLife, Inc.使用外汇远期合约对外汇风险进行对冲[118] 财务报表 - MetLife, Inc. 2024年第一季度的净利润为8.75亿美元，较去年同期增长了85%[188] - MetLife, Inc. 2024年第一季度的有效税率为16%，低于美国法定税率21%[188]

MetLife, Inc. (MET) reported first-quarter 2024 adjusted operating earnings of $1.83 per share, which matched the Zacks Consensus Estimate. The bottom line improved 20.4% year over year. Adjusted operating revenues of MET climbed 5.5% year over year to $17 billion in the quarter under review. However, the top line missed the consensus mark by 3.8%. The quarterly earnings benefited from declining expenses and strong growth in the Asia, EMEA and Latin America segments. Strong variable investment income also a ...

财务数据和关键指标变化 - 公司报告了13.8%的调整后净资产收益率,仍在13%至15%的目标范围内,尽管可变投资收益尚未达到更正常的季度水平 [12] - 直接费用率为11.9%,较去年同期有所改善,低于12.3%的年度目标,体现了公司控制成本和收入增长快于费用的能力 [12] 各条业务线数据和关键指标变化 - 集团福利业务调整后收入为63亿美元,同比增长5%,调整后参与保单的增长约为6%,主要受到核心和自愿产品的强劲增长带动 [13][30] - 退休和收入解决方案业务调整后收入同比增长25%,主要由结构性结算产品和企业拥有的人寿保险业务的增长带动 [15][32] - 亚洲业务调整后收益增长51%,主要受益于可变投资收益改善和日本的有利承保 [16][34] - 拉丁美洲业务调整后收益增长8%,主要受益于业务量增长和承保利润改善 [16][35] 各个市场数据和关键指标变化 - 亚洲业务管理资产规模同比增长6%,销售额同比下降8% [34] - 拉丁美洲业务调整后收入同比增长9%,销售额同比增长8% [35] - 欧洲、中东和非洲(EMEA)业务调整后收益同比增长28%,调整后收入同比增长7% [36][37] 公司战略和发展方向及行业竞争 - 公司正在进行战略规划,将在2024年12月12日的投资者日上分享新的战略方向,在现有的"下一个地平线"战略框架的基础上进行进一步发展 [19][20][21] - 公司强调多元化是其核心,通过跨产品和地域的多元化来提高抗风险能力和可持续增长 [9][10] - 集团福利业务面临激烈竞争,但公司通过提供全面的产品组合和优质的客户体验来保持差异化 [13][69] - 退休和收入解决方案业务的年金风险转移业务保持活跃,公司保持谨慎的投资回报标准 [33][73] 管理层对经营环境和未来前景的评论 - 管理层表示,尽管经济和地缘政治环境存在不确定性,但公司的抗风险能力和执行力使其能够持续交付稳健的业绩 [8][9] - 管理层对公司未来的增长前景和盈利能力保持乐观,并将在投资者日上分享新的战略方向 [19][20][21][54] 问答环节重要的提问和回答 问题1 **Suneet Kamath 提问** 询问公司对可变投资收益中房地产投资的预期 [58] **John McCallion 回答** 公司预计房地产投资收益将在未来几个季度逐步改善,2季度仍有一定压力,之后将逐步好转 [59][60] 问题2 **Ryan Krueger 提问** 询问集团福利业务的竞争环境和定价情况 [66] **Ramy Tadros 回答** 集团福利业务市场竞争激烈,但公司通过提供全面产品组合和优质客户体验来保持差异化,新业务定价和续保定价都保持良好水平 [69][70] 问题3 **Tom Gallagher 提问** 询问集团福利业务的利润率预期 [93][94][97] **Ramy Tadros 回答** 集团福利业务的利润率将在全年内逐步恢复正常水平,2季度和3季度的利润率会明显好于1季度 [94][97]

1 1Q24 Supplemental Slides John McCallion Chief Financial Officer and Head of MetLife Investment Management 1 These slides highlight information in MetLife, Inc.'s earnings release, quarterly financial supplement and other prior public disclosures. Table of contents ...

MetLife (MET) reported $17.02 billion in revenue for the quarter ended March 2024, representing a year-over- year increase of 5.5%. EPS of $1.83 for the same period compares to $1.52 a year ago. The reported revenue represents a surprise of -3.81% over the Zacks Consensus Estimate of $17.69 billion. With the consensus EPS estimate being $1.83, the company has not delivered EPS surprise. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

MetLife (MET) came out with quarterly earnings of $1.83 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.52 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this insurer would post earnings of $1.95 per share when it actually produced earnings of $1.93, delivering a surprise of -1.03%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. MetLife, which belongs to the Zacks I ...