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MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance , annuities , and employee benefit programs, with around 90 million customers in over 60 countries.
The "CUNA" in the company's name originally stood for "Credit Union National Association". [7] TruStage Financial Group is the marketing name for CMFG Life Insurance Company, its subsidiaries, and affiliates. TruStage Financial Group was founded in 1935 as the CUNA Mutual Insurance Society.
AIG then sold its American Life Insurance Co. (ALICO) to MetLife Inc. for $15.5 billion in cash and MetLife stock in March 2010. [75] Bloomberg L.P. reported on March 29, 2010, that after almost three months of delays, AIG had completed the $500 million sale of a portion of its asset management business, branded PineBridge Investments , to the ...
In 2018, MetLife divested its remaining interest through a debt-for-equity exchange with four financial institutions that owned MetLife debt. [4] Headquartered in Charlotte, North Carolina, the company began selling annuity and life insurance under the Brighthouse Financial brand on March 6, 2017. [5]
The Metropolitan Life Insurance Company Tower, or the South Building, is composed of the east wing and the tower. It occupies an entire block between Madison Avenue and Madison Square Park to the west, 24th Street to the north, Park Avenue South to the east, and 23rd Street to the south. [ 1 ]
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