MetLife, Inc.
Industry: Life Insurance
Fortune Rank: 51
MET is a provider of insurance and financial services to a broad spectrum of institutional and individual customers. For the six months ended 6/30/05, revenues rose 12% to $21.24B. Net income from continuing ops. and before accounting change rose 23% to $1.81B. Revenues reflect increased premiums written and gains on the sale of property in NYC. Net income also reflects a decrease in policyholder dividends and an increased absorption of overhead expenses.
MetLife, Inc., through its affiliates and subsidiaries, is a provider of insurance and other financial services to a spectrum of individual and institutional customers. The Company offers life insurance, annuities, automobile and homeowners insurance and mutual funds to individuals, as well as group insurance, reinsurance and retirement and savings products and services to corporations and other institutions. The MetLife companies serve approximately 13 million households in the United States and provide benefits to approximately 37 million employees and family members through their plan sponsors. MetLife also has direct international insurance operations in 11 countries serving approximately nine million customers. The Company is organized into five operating segments: Institutional, Individual, Auto and Home, International and Reinsurance, as well as Corporate and Other.
MetLife, Inc.
MetLife, Inc. achieved revenue of $41,098.00 million in 2010 but posted a loss of $-2,246.00 million.
MetLife, Inc.'s rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 39th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $55,085 million (a change of -14 million compared to 2010) and profits of $3,209 million (a change of -5 million compared to 2010).
Another point of view
To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then MetLife, Inc. would be ranked 485th rather than 51st due to the fact it made a loss of $-2,246 million in 2010.
MetLife, Inc. | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 41,098 | -2,246 | 51 |
2009 | 55,085 | 3,209 | 39 |
2008 | 53,150 | 4,317 | 43 |
2007 | 53,275 | 6,293 | 37 |
2006 | 46,983 | 4,714 | 35 |
* US$ Million
-
Address
-
MetLife, Inc.
200 Park Avenue
New York
NY
10166
-
MetLife, Inc.
-
Contact Details
- Phone: 212-578-2211
- Fax: 212-578-3320
- Website: www.metlife.com
- Stock Symbol: MET
- Next Page: the 52nd ranked company Safeway Inc.
- Previous Page: the 50th ranked company PepsiCo, Inc.