42 - MetLife

Cars move past the MetLife Inc. headquarters building standing behind the Helmsley Building in New York, U.S., on Monday, May 2, 2016. MetLife, the largest U.S. life insurer, is expected to release earnings figures on May 4. Photographer: Michael Nagle/Bloomberg via Getty Images Michael Nagle — Bloomberg via Getty Images

The “systematically important” global insurer (and one of the largest institutional investors in the U.S. with a $518 billion portfolio) has had a mixed year with a stock price chart to match. During the year the company announced that it would spin off its Brighthouse Financial business, which sells life insurance and annuities to individuals, leaving MetLife to focus on U.S. employee benefits and overseas businesses. The move would give the parent company a cash infusion and distance it from trouble at the unit, which have been exacerbated by low interest rates.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$63476
Revenue Percent Change-9.3%
Profits ($M)$800.0
Profits Percent Change-84.9%
Assets ($M)$898764
Market Value — as of March 31, 2017 ($M)$57,429
Previous Rank40

Company Facts

IndustryInsurance: Life, Health (Stock)
HQ LocationNew York, NY
CEOSteven A. Kandarian
CEO Title-
Years on Fortune 500 List23

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