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MetLife

Michael Nagle—Bloomberg via Getty Images
  • Previous Rank136
  • Country
    U.S.
  • Revenues ($M)$67,941.00
  • Revenue Percent Change2.7%
  • Profits ($M)$5,123.00
  • Profits Percent Change27.8%
  • Assets ($M)$687,538.00
  • Employees48,000

Longtime MetLife exec Michel Khalaf succeeded Steven Kandarian as the insurer’s CEO on May 1 of 2018. Khalaf, who was most recently president, U.S. Business and EMEA, is expected to bring his global experience to bear as he continues Kandarian’s work on de-risking the business. MetLife’s revenues climbed nearly 3% to $67.9 billion last year, while its profits jumped almost 28%. The insurer is still recovering from its 2017 disclosure that it failed to pay out owed pension payments, news that affected public perception more than its stock price.

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Company Information

CEO
Michel A. Khalaf
Sector
Financials
Industry
Insurance: Life, Health (stock)
HQ Location
New York City
Websitehttps://www.metlife.com
Years on Global 500 List25
Employees48,000

MetLife Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$67,941.002.7%
Profits ($M)$5,123.0027.8%
Assets ($M)$687,538.00-
Total Stockholder Equity ($M)$52,741.00-

Profit Ratios

Profit as % of Revenues7.5%
Profits as % of Assets0.7%
Profits as % of Stockholder Equity9.7%