Tuesday, August 21, 2012

Largest life Insurance Company in The United States

MetLife, Inc. is the parent company of the Metropolitan Life Insurance, commonly known as MetLife. The company was incorporated on March 24, 1868. Most travel companies in the form of private organizations together, but eventually went public in 2000.

MetLife is the largest life insurer in the United States, with more than U.S. $ 3.3 billion of life insurance funds under management. As well as being a leading company in the products and services of savings, pensions, and other good for small businesses up to large institutions, MetLife including 90 of the 100 biggest companies of Fortune magazine's corporate world.

The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, USA. Some of the Executive and the Council remains based in MetLife MetLife Building, although the building was sold in 2005.

MetLife was the first insurance company to establish financial holding company with a nationally chartered bank, in 2001. Leveraging unparalleled distribution channels, MetLife entered the retail-banking arena with the launch of MetLife Bank.

On March 8, 2010, Met Life announced the acquisition of the life insurance business of international leaders, American Life Insurance Company (Alico) from American International Group (AIG). MetLife will pay about $ 15 billion, including $ 6.8 billion in cash and the remainder in equity securities. On 3 November 2010, MetLife completed the acquisition of American Life Insurance Company for $ 16.2 billion. | SE |

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