Nasdaq

MetLife (MET) Unit to Manage 3M's $2.5B Pension Obligations

MetLife, Inc.’s MET unit, Metropolitan Tower Life Insurance Company, recently inked a deal with the American multinational conglomerate, 3M. As a result, the MetLife subsidiary will assume defined ...
Business Wire

MetLife Poll Finds Growing Percentage of Plan Sponsors with De-Risking Goals Looking to Completely Divest Their Company’s Pension Liabilities in the Near Future

NEW YORK--(BUSINESS WIRE)--As LIMRA reports a 14% increase in pension risk transfer (PRT) deals for the first half of 2024 compared to 2023 1, MetLife’s 2024 Pension Risk Transfer Poll finds the ...
Pensions&Investments

90% of U.S. companies with DB plans looking for exits via PRT – MetLife

Nearly 90% of U.S. corporations with defined benefit plans look to fully transfer all their liabilities in an average of just four years, according to a new poll conducted by MetLife. In MetLife's ...