User:16912 Rhiannon/MetLife (full draft)
From Wikipedia, the free encyclopedia
MetLife, Inc. is the holding corporation for Metropolitan Life Insurance Company (MLIC),[7] or MetLife for short, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 100 million customers in approximately 50 countries.[8][9] The firm was founded on March 24, 1868.[10]
Company type | Public |
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NYSE: MET S&P 500 Component | |
Industry | Financial services |
Founded | 1868 |
Headquarters | 1095 Avenue of the Americas New York City, New York, U.S. |
Key people | Steven A. Kandarian (President, Chairman, and CEO) |
Products | Insurance, Annuities, Employee Benefits |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 65,000 (2015)[6] |
On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders.[11] The company went public in 2000.[12] Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia’s Pacific region, Europe, and the Middle East.[13] MetLife organizes its product offerings into three regions: the Americas, Europe, the Middle East and Africa (EMEA) and Asia.[14][15] MetLife provides products and services to 90 of the largest Fortune 500 companies.[16] The company’s principal offices are located at 1095 Avenue of the Americas in Midtown Manhattan, New York City, though it retains some executive offices and its boardroom in the MetLife Building, located at 200 Park Avenue, New York City, which it sold in 2005.[17]