Steven Albert Kandarian
Chairman, President & CEO
John Dennis McCallion
Executive VP, CFO & Treasurer
Chief Executive Officer of Australia
Metlife was founded in the year 1868. The company has been operational for almost 151 years now. The company has its origins back in the year 1863 when National Union Life and Limb Insurance Company was founded. Then in the year 1968, the name of the company was changed to The Metropolitan Life Insurance Company, and therefore, it helped the company to focus only on life insurance policies. In the year 1909, the company was the largest insurer in the USA. As of the year 1930, the company had already insured 30 per cent of both the USA and Canada citizens. Then in the year 1998, the company became a limited public entity, and it was followed by an IPO or Initial Public Offer, in the year 2000.
In the year 2005, the company had acquired Travelers Life and Annuity. This was followed by the taking over of American Life Insurance Company or Alico from AIG, for an amount of almost $15.5 billion. The following year, the company exited its banking business by selling off the MetLife Bank to GE Capital. In the year 2012, the company had to pay a fine of $3.2 million, after the Federal Reserve charged the company as it used unsafe and unsound practices in handling its own mortgage servicing and also foreclosure operations as well. In 2014 again, the company had to pay a fine of $23 million in order to settle multiple lawsuits regarding junk fax operations. Then in the year 2015, the company was ranked number one on Fortune Magazine stating that it was the world's most admired company. The same year, the company also had to pay almost $123.5 million to the United States Department of Justice, because of various mortgage allegations. As of the year 2017, the company planned to open a third office building in Cary, North Carolina, USA, o around 255,000 square feet. The headquarters of the company is based in 200 Park Avenue. The name of the place is New York, while the name of the state is New York, USA. The pin code of the area is 10166.
Metlife is an American company that focuses on providing various kinds of life insurance policies to its customers, along with numerous financial services as well. The current CEO, president and chairman of the company are Steven A Kandarian. As of the year 2017, the total revenue generated by the company is more than $62.3 billion. Also, the number of employees currently working at the company, as of the year 2017, is more than 49,000. The company serves over 90 million customers and has its presence in over 60 countries worldwide.
The primary services provided by the company include allowing customers to obtain life insurance and financial services offered by the company itself. The company also provides annuity programs and even numerous employee benefit programs as well.
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