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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. [4] [5] The firm was founded on March 24, 1868. [6]
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.
In 1985, Metropolitan Homes Trust Life Limited changed its name to Metropolitan Life Limited (Metlife). Metlife was then listed on the JSE in 1986 and cross listed on the NSX in 1996. The group name was changed to Metropolitan Holdings Limited in 2003. [5] As at the merger date, Metropolitan Holdings was listed on the JSE.
PNB MetLife India Insurance Company Limited (PNB MetLife) established in 2001 is one of the leading life insurance companies in India.PNB MetLife shareholders include MetLife International Holdings LLC (MIHL), Punjab National Bank (PNB), Jammu & Kashmir Bank Limited (JKB), and M. Pallonji and Company Private Limited, as well as other private investors.
He also announced MetLife's 25-year agreement to acquire the naming rights to the home of the New York Giants and New York Jets, [8] which is now known as MetLife Stadium. In addition, Kandarian has also moved the company away from retail banking. On July 21, 2011, MetLife said the company would seek to sell its deposit banking business. [9]
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