Bulls REASONS TO BUY
Bears REASONS TO SELL
May 19, 2013
(Stock Blog Hub, 2/25/13)
MetLife Inc. (MET) announced receipt of the regulatory approval from the Federal Reserve (Fed) and the Federal Deposit Insurance Corp (FDIC) to deregister as a bank holding company. The...(read more)
(Stock Blog Hub, 11/7/12)
JPMorgan Chase Bank, N.A – a wing of JPMorgan Chase & Co. (JPM) – is all set to acquire $70 billion worth of mortgage-servicing portfolio from MetLife Bank, N.A – a...(read more)
(The Market Financial, 3/23/12)
In our previous post we compared share price models for two financial companies from the S&P 500 list - Franklin Resources (NYSE: BEN) and Apartment Investment and Management Company (NYSE:AIV). There was a sound reason behind this di...
MetLife (MET) Company Overview
MetLife (NYSE: MET) is one of the largest insurance and financial services companies in the U.S; the company collected $26.5 billion in premiums for 2009. It has a very diverse range of products and services, including many different kinds of insurance, savings plans, and retirement plans.
MetLife's main source of revenue comes from insurance premiums. The company takes the money paid by those who buy insurance policies and invests it in a number of different ways. If the return on investment (the "spread") plus the premiums is greater than the payout to policy holders, the company profits. This business model while common in the insurance industry is especially vulnerable to natural disasters and swings in the equity markets. The former in form of hurricanes, earthquakes and forest fires, can result in hundreds of millions to billions of dollars in losses in a single year. The company paid out $333 million in homeowners insurance in 2006 related to Hurricane Katrina. A poorly preforming market on the other hand can result in a loss of investment income which is often a crucial component of profitability.(Read more at Wikinvest )
What's in this MET analysis on Wikinvest...