MetLife first-quarter earnings beat Wall Street expectations
Updated
Updated · Bloomberg · May 6
MetLife first-quarter earnings beat Wall Street expectations
11 articles · Updated · Bloomberg · May 6
Variable investment income, including private equity returns, rose 58% to $518 million in the three months through March, the insurer said on Wednesday.
Stronger gains from MetLife's private equity portfolio drove the earnings outperformance, highlighting the importance of alternative investments to insurers' results.
MetLife had previously said it was targeting about $1.6 billion in variable investment income this year, setting a benchmark for whether the momentum can continue.
MetLife’s earnings are soaring from private equity. Is this a brilliant strategy or a dangerous gamble with policyholder funds?
Insurers are chasing risky private equity returns. Are regulators doing enough to prevent the next systemic financial crisis?
As insurers profit from high-debt private equity deals, what are the hidden costs to patient safety and the healthcare system?