The Internet resource UkrStrakhovanie knows from the MetLife report that the company's return in the investment sector decreased by 36% to $3.58 billion, the net investment loss amounted to $414 million. Along with that, MetLife reported premiums, commissions and other returns for the third quarter of 2022 in the amount of $19.6 billion, which was by 68% more compared to the same period last year.
When commenting on the company's results, MetLife President and CEO Michel Khalaf noted: “In the current environment, we are pleased with the implementation of our Next Horizon strategy, which continues to demonstrate its resilience.”
Let us remind you that the 2nd Q 2022 for the largest US life insurer MetLife ended with a reduction in profits to $103 million compared to $3.4 billion in the same quarter last year.
Photos are from open sources.