All MetLife articles

  • MoneyFine

    MetLife to pay $10M for ‘longstanding’ accounting errors


    MetLife will pay a civil penalty of $10 million to resolve charges the insurance company violated the books and records and internal accounting controls provisions of federal securities laws.

  • Blog

    Metlife appoints chief accounting officer


    Financial services company MetLife has named Tamara Schock as chief accounting officer, effective March 4, 2019. Schock will succeed Bill O’Donnell, who has been named MetLife’s U.S. chief financial officer.

  • Blog

    FSOC vs. MetLife legal battle resumes in October


    Round two of the fight between insurance giant MetLife and the government over its status as a systemically important financial institution heads to the U.S. Court of Appeals for the D.C. Circuit on Oct. 24 for oral arguments. Joe Mont reports.

  • Blog

    Ruling that rescinded MetLife’s SIFI status made public


    A ruling that rescinded MetLife’s designation as a systemically important financial institution by the Financial Stability Oversight Council has been made public following an agreement to do so by both parties. U.S. District Judge Rosemary Collyer found that the FSOC’s designation process failed to follow both internal guidelines and external ...

  • DancingPeanutsGang2

    Judge sides with MetLife in battle over SIFI designation


    A federal judge has sided with insurance giant MetLife in its effort to remove the “systematically important financial institution” designation placed upon it in 2014 by the Financial Stability Oversight Council. The ruling is unlikely to mark the end of the battle as the government has the option of either ...

  • Blog

    Insurers Brace for International Capital Standards


    The International Association of Insurance Supervisors seeks to impose new capital standards upon systemically important insurance companies, echoing mandates from the Basel Committee on Banking Supervision. The effort has irked the Financial Services Roundtable, which is urging U.S. regulators to oppose it. Who enforces any new standards is also unclear. ...

  • Blog

    Desite Protestations, MetLife Deemed Systemically Important


    To the surprise of no one, including the company itself, the Financial Stability Oversight Council has designated Metlife, the nation’s largest insurance company, as a Systemically Important Financial Institution, subjecting it to new regulatory, disclosure, and capital demands. MetLife has 30 days to decide whether to ask a federal judge ...