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MetLife fourth-quarter profit jumps on strong premiums and investment income


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  MetLife on Wednesday reported a rise in its fourth-quarter profit as it earned more in premiums and investment income.

MetLife Inc reported a significant increase in its fourth-quarter profit on February 5, 2025, driven by robust growth in premiums and investment income. The company's adjusted earnings per share reached $2.17, surpassing the analysts' expectations of $1.90 per share. This performance was bolstered by a 26% rise in net investment income to $5.4 billion, attributed to higher interest rates and strong returns from private equity investments. Additionally, premiums, fees, and other revenues grew by 29% to $12.6 billion, reflecting strong demand for life insurance and employee benefits. However, the company also noted an increase in expenses due to higher policyholder benefits and claims, which rose to $13.1 billion from $10.5 billion the previous year. Despite these costs, MetLife's strategic focus on expanding its market presence and enhancing its product offerings contributed to its solid financial results.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/metlife-fourth-quarter-profit-jumps-strong-premiums-investment-income-2025-02-05/ ]

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