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18.06.25 - 22:18
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MetLife Investment Management Names Brian Funk President (Business Wire)
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WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has named Brian Funk its president. Funk previously served as interim president and global head of Private Capital for MIM.
Funk will be responsible for delivering investment performance and client growth to expand MIM's $616.9 billion in total assets under management (AUM).1 This includes integrating PineBridge Investments, a global asset manager with approximately $100 billion in AUM,2 into the firm, upon closing of the acquisition anticipated to occur by the end of 2025. This acquisition will significantly expand MIM's public and private credit offerings and global capabilities.
“Accelerating growth in asset management is a strategic priority for MetLife and a core deliverable of our New Frontier strategy,” said John McCallion, MetLife chief financial officer and head of MIM. “Brian is the right leader to build on our established...
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21.05.25 - 16:12
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AM Best Assigns Indicative Issue Credit Ratings to MetLife, Inc.′s New Shelf Registration (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has assigned indicative Long-Term Issue Credit Ratings of “a-” (Excellent) to senior unsecured issues, “bbb+” (Good) to subordinated issues, and “bbb” (Good) to preferred stock to the recently filed shelf registration of MetLife, Inc. (MetLife) (headquartered in New, NY) [NYSE: MET]. The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn the ratings on the previous shelf registrations, which expired.
MetLife's proforma financial leverage and the historical interest coverage ratios are in line with its current ratings, and its holding company liquidity is strong.
This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page...
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19.05.25 - 19:06
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MetLife Names Jane Slusark as Chief Communications Officer (Business Wire)
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NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that Jane Slusark will join the company as chief communications officer, effective June 9, 2025. In this role, she will oversee the company's global communications strategy, including internal and external communications and media relations.
“Jane brings strategic vision, operational rigor and deep expertise to this role,” said Michael Roberts, chief marketing officer at MetLife. “She has a proven track record of building trust and deepening engagement, which will be instrumental as we continue to enhance our reputation with customers, employees, and communities around the world.”
Slusark comes to MetLife from Principal Financial Group, where she was head of global communications. In this role, she led a team dedicated to advancing the company's key growth priorities through external, employee, executive and corporate communications strategies. She brings significant experience in strategic public relations, thought leadership ...
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19.05.25 - 15:03
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Deriva Energy Completes Financing for Two Established Projects (PR Newswire)
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CHARLOTTE, N.C., May 19, 2025 /PRNewswire/ -- Deriva Energy, LLC, a leader in clean power generation, operations and development, today announced that it has completed a $127 million debt financing for a portfolio of two operating energy assets. Principal Asset ManagementSM and MetLife......
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15.05.25 - 22:18
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MetLife Declares Second Quarter 2025 Preferred Stock Dividends (Business Wire)
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NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends:
Quarterly dividend of $0.35141735 per share on the company's floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA).
Quarterly dividend of $351.5625 per share on the company's 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.3515625 per depositary share (NYSE: MET PRE).
Quarterly dividend of $296.875 per share on the company's 4.75% non-cumulative preferred stock, Series F, with a liquidation preference of $25,000 per share, represented by depositary shares each representing 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.296875 per depositary share (NYSE: MET PRF).
The above dividends ...
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