MetLife Inc: Key Developments
MetLife, Inc. Declares Fourth Quarter 2009 Preferred Stock Dividends
November 16, 2009 |
| MetLife, Inc. announced that it has declared fourth quarter 2009 dividends of $0.2527777 per share on the Company's floating rate non-cumulative preferred stock, Series A, and $0.4062500 per share on the Company's 6.50% non-cumulative preferred stock, Series B. Both dividends are payable December 15, 2009 to shareholders of record as of November 30, 2009. |
MetLife, Inc. Declares Third Quarter 2009 Preferred Stock Dividends
August 17, 2009 |
| MetLife, Inc. announced that it has declared third quarter 2009 dividends of $0.2555555 per share on the Company's floating rate non-cumulative preferred stock, Series A and $0.4062500 per share on the Company's 6.50% non-cumulative preferred stock, Series B. Both dividends are payable on September 15, 2009 to shareholders of record as of August 31, 2009. |
MetLife, Inc. Introduces Simple SolutionsSM Variable Annuity
July 20, 2009 |
| MetLife, Inc. announced the launch of its Simple SolutionsSM Variable Annuity (Simple Solutions) which is designed primarily for individuals who are nearing or in retirement. The product will be offered through banks, providing a new vehicle for financial advisors at those banks to help clients turn retirement assets into a stream of withdrawals they cannot outlive. |
MetLife, Inc. To Combine Institutional And Individual Business Segments To Form Integrated U.S. Business Organization
July 14, 2009 |
| MetLife, Inc. announced that it is combining its Institutional and Individual Businesses, as well as its Auto & Home unit, into a single U.S. Business organization. The changes announced will be effective August 1, 2009. The integration of the business segments is expected to proceed through the second half of 2009 and be completed in 2010. |
American International Group, Inc. In Talks To Sell Big Alico Unit To MetLife, Inc.-Reuters
July 8, 2009 |
| Reuters reported that American International Group, Inc. (AIG) has resumed talks to sell its American Life Insurance Co unit to MetLife Inc in a transaction that could help AIG raise more than $15 billion, the Financial Times said. The preliminary talks over the unit known as Alico could break down, as they did earlier in the year when AIG and MetLife disagreed over the price, the newspaper said, citing people close to the situation. AIG spokeswoman Christina Pretto declined to comment on what she called rumor and speculation. MetLife spokesman John Calagna declined to comment. AIG is selling assets to help repay $83 billion of loans from the federal government, which has a nearly 80% stake in AIG. |
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