MetLife CFO John McCallion Provides Third Quarter 2023 Financial Update Video
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231101935296/en/
The video can be viewed on the company's website at https://www.metlife.com/about-us/newsroom/#video.
About
Forward-Looking Statements
This news release may contain or incorporate by reference information that includes or is based upon forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give expectations or forecasts of future events and do not relate strictly to historical or current facts. They use words and terms such as “pending,” “remain,” and “target,” and other words and terms of similar meaning, or that are otherwise tied to future periods or future performance, in each case in all derivative forms. They include statements relating to future actions, prospective services or products, future performance or results of current and anticipated services or products, future sales efforts, future expenses, the outcome of contingencies such as legal proceedings, and future trends in operations and financial results.
Many factors determine the results of
|
(1) |
economic condition difficulties, including risks relating to public health, interest rates, credit spreads, equity, real estate, obligors and counterparties, government default, currency exchange rates, derivatives, climate change and terrorism and security; |
|
|
(2) |
global capital and credit market adversity; |
|
|
(3) |
credit facility inaccessibility; |
|
|
(4) |
financial strength or credit ratings downgrades; |
|
|
(5) |
unavailability, unaffordability, or inadequate reinsurance, including reinsurance risks that arise from reinsurers’ credit risk, and the potential shortfall or failure of risk mitigants to protect against such risks; |
|
|
(6) |
statutory life insurance reserve financing costs or limited market capacity; |
|
|
(7) |
legal, regulatory, and supervisory and enforcement policy changes; |
|
|
(8) |
changes in tax rates, tax laws or interpretations; |
|
|
(9) |
litigation and regulatory investigations; |
|
|
(10) |
London Interbank Offered Rate discontinuation and transition to alternative reference rates; |
|
|
(11) |
unsuccessful efforts to meet all environmental, social, and governance standards or to enhance our sustainability; |
|
|
(12) |
|
|
|
(13) |
|
|
|
(14) |
investment defaults, downgrades, or volatility; |
|
|
(15) |
investment sales or lending difficulties; |
|
|
(16) |
collateral or derivative-related payments; |
|
|
(17) |
investment valuations, allowances or impairments changes; |
|
|
(18) |
claims or other results that differ from our estimates, assumptions, or models; |
|
|
(19) |
global political, legal, or operational risks; |
|
|
(20) |
business competition; |
|
|
(21) |
technological changes; |
|
|
(22) |
catastrophes; |
|
|
(23) |
climate changes or responses to it; |
|
|
(24) |
deficiencies in our closed block; |
|
|
(25) |
goodwill or other asset impairment, or deferred income tax asset allowance; |
|
|
(26) |
impairment of value of business acquired, value of distribution agreements acquired or value of customer relationships acquired; |
|
|
(27) |
product guarantee volatility, costs, and counterparty risks; |
|
|
(28) |
risk management failures; |
|
|
(29) |
insufficient protection from operational risks; |
|
|
(30) |
failure to protect confidentiality and integrity of data or other cybersecurity or disaster recovery failures; |
|
|
(31) |
accounting standards changes; |
|
|
(32) |
excessive risk-taking; |
|
|
(33) |
marketing and distribution difficulties; |
|
|
(34) |
pension and other postretirement benefit assumption changes; |
|
|
(35) |
inability to protect our intellectual property or avoid infringement claims; |
|
|
(36) |
acquisition, integration, growth, disposition, or reorganization difficulties; |
|
|
(37) |
Brighthouse Financial, Inc. separation risks; |
|
|
(38) |
|
|
|
(39) |
legal- and corporate governance-related effects on business combinations. |
src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20231101935296r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />
View source version on businesswire.com: https://www.businesswire.com/news/home/20231101935296/en/
For Media:
973-264-7465
Dave.Franecki@metlife.com
For Investors:
212-578-7888
John.A.Hall@metlife.com
Source:


MetLife Announces Third Quarter 2023 Results
Selective Reports Third Quarter 2023 Results
Advisor News
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
- Election 2026: Which of Berkeley's 7 ballot measures will pass?
More Advisor NewsAnnuity News
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
- Equitable, Corebridge steam toward merger with strong Q3 annuity sales
- Jackson Announces New Annuity Offering for AARP Members
More Annuity NewsHealth/Employee Benefits News
- Flouting consumer law, insurers refuse to pay medical bills for emergency care
- Open enrollment is now for 2027 health insurance coverage in Illinois: What to know
- Idaho insurance director details $13M school trust collapse
- Insurance program's collapse detailed at ISBA conference
- Boeing retirees ‘shocked’ by 400% jump in health insurance premiums
More Health/Employee Benefits NewsLife Insurance News
- Best’s Market Segment Report: Health and Property Lines of Business Drive Hong Kong’s Non-Life Insurance Growth
- AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
- National Life Group Approves $23 Million Dividends for 2027
- Milliman’s proposed $15.5 million settlement puts life insurance underwriting data in focus
- Brighthouse Financial Announces Third Quarter 2026 Results
More Life Insurance News