MetLife CFO John McCallion Provides First Quarter 2019 Financial Update Video
May 01 2019 - 3:16PM
Business Wire
MetLife, Inc. (NYSE: MET) today announced that Executive Vice
President and Chief Financial Officer John McCallion has provided a
first quarter 2019 financial update video.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190501005832/en/
The video can be viewed on the company's website at
https://www.metlife.com/about-us/newsroom/#video.
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 its individual and
institutional customers navigate their changing world. Founded in
1868, MetLife has operations in more than 40 countries and holds
leading market positions in the United States, Japan, Latin
America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.
Forward-Looking Statements
This news release may contain or incorporate by reference
information that includes or is based upon forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements give expectations or
forecasts of future events. These statements can be identified by
the fact that they do not relate strictly to historical or current
facts. They use words and terms such as “anticipate,” “estimate,”
“expect,” “project,” “intend,” “plan,” “believe,” "will," and other
words and terms of similar meaning, or are tied to future periods,
in connection with a discussion of future performance. In
particular, these include statements relating to future actions,
prospective services or products, future performance or results of
current and anticipated services or products, sales efforts,
expenses, the outcome of contingencies such as legal proceedings,
trends in operations and financial results.
Many factors will be important in determining the results of
MetLife, Inc., its subsidiaries and affiliates. Forward-looking
statements are based on our assumptions and current expectations,
which may be inaccurate, and on the current economic environment,
which may change. These statements are not guarantees of future
performance. They involve a number of risks and uncertainties that
are difficult to predict. Results could differ materially from
those expressed or implied in the forward-looking statements.
Risks, uncertainties, and other factors that might cause such
differences include the risks, uncertainties and other factors
identified in MetLife, Inc.’s filings with the U.S. Securities and
Exchange Commission. These factors include: (1) difficult economic
conditions, including risks relating to interest rates, credit
spreads, equity, real estate, obligors and counterparties, currency
exchange rates, derivatives, and terrorism and security; (2)
adverse global capital and credit market conditions, which may
affect our ability to meet liquidity needs and access capital,
including through our credit facilities; (3) downgrades in our
claims paying ability, financial strength or credit ratings; (4)
availability and effectiveness of reinsurance, hedging or
indemnification arrangements; (5) increasing cost and limited
market capacity for statutory life insurance reserve financings;
(6) the impact on us of changes to and implementation of the wide
variety of laws and regulations to which we are subject; (7)
regulatory, legislative or tax changes relating to our operations
that may affect the cost of, or demand for, our products or
services; (8) adverse results or other consequences from
litigation, arbitration or regulatory investigations; (9) legal,
regulatory and other restrictions affecting MetLife, Inc.’s ability
to pay dividends and repurchase common stock; (10) MetLife, Inc.’s
primary reliance, as a holding company, on dividends from
subsidiaries to meet free cash flow targets and debt payment
obligations and the applicable regulatory restrictions on the
ability of the subsidiaries to pay such dividends; (11) investment
losses, defaults and volatility; (12) potential liquidity and other
risks resulting from our participation in a securities lending
program and other transactions; (13) changes to investment
valuations, allowances and impairments taken on investments, and
methodologies, estimates and assumptions; (14) differences between
actual claims experience and underwriting and reserving
assumptions; (15) political, legal, operational, economic and other
risks relating to our global operations; (16) competitive
pressures, including with respect to pricing, entry of new
competitors, consolidation of distributors, the development of new
products by new and existing competitors, and for personnel; (17)
the impact of technological changes on our businesses; (18)
catastrophe losses; (19) a deterioration in the experience of the
closed block established in connection with the reorganization of
Metropolitan Life Insurance Company; (20) impairment of goodwill or
other long-lived assets, or the establishment of a valuation
allowance against our deferred income tax asset; (21) changes in
assumptions related to deferred policy acquisition costs, deferred
sales inducements or value of business acquired; (22) exposure to
losses related to guarantees in certain products; (23)
ineffectiveness of risk management policies and procedures or
models; (24) a failure in our cybersecurity systems or other
information security systems or our disaster recovery plans; (25)
any failure to protect the confidentiality of client information;
(26) changes in accounting standards; (27) our associates taking
excessive risks; (28) difficulties in marketing and distributing
products through our distribution channels; (29) increased expenses
relating to pension and other postretirement benefit plans; (30)
inability to protect our intellectual property rights or claims of
infringement of others’ intellectual property rights; (31)
difficulties, unforeseen liabilities, asset impairments, or rating
agency actions arising from business acquisitions and dispositions,
joint ventures, or other legal entity reorganizations; (32)
unanticipated or adverse developments that could adversely affect
our expected operational or other benefits from the separation of
Brighthouse Financial, Inc. and its subsidiaries; (33) the
possibility that MetLife, Inc.’s Board of Directors may influence
the outcome of stockholder votes through the voting provisions of
the MetLife Policyholder Trust; (34) provisions of laws and our
incorporation documents that may delay, deter or prevent takeovers
and corporate combinations involving MetLife; and (35) other risks
and uncertainties described from time to time in MetLife, Inc.’s
filings with the U.S. Securities and Exchange Commission.
MetLife, Inc. does not undertake any obligation to publicly
correct or update any forward-looking statement if MetLife, Inc.
later becomes aware that such statement is not likely to be
achieved. Please consult any further disclosures MetLife, Inc.
makes on related subjects in reports to the U.S. Securities and
Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190501005832/en/
For Media:Ashia RazzaqMetLife(212) 578-1538
For Investors:John HallMetLife(212) 578-7888
MetLife (NYSE:MET)
Historical Stock Chart
From Apr 2024 to May 2024
MetLife (NYSE:MET)
Historical Stock Chart
From May 2023 to May 2024