MetLife, Inc. operates a diversified business model focused on life insurance, annuities, employee benefits, and asset management. The company generates revenue primarily through insurance premiums, policy fees, and net investment income from its substantial general account portfolio, which is heavily invested in fixed income securities, mortgage loans, and real estate. MetLife is organized into six main segments: Group Benefits, Retirement and Income Solutions (RIS), Asia, Latin America, Europe, the Middle East and Africa (EMEA), and MetLife Holdings. The Group Benefits and RIS segments represent its core U.S. operations, offering products such as life, dental, disability, and vision insurance, alongside pension risk transfers and stable value products. Internationally, the Asia segment is a major earnings driver, particularly in Japan and Korea, while the Latin America segment features strong market positions in Mexico and Chile. Additionally, MetLife Investment Management (MIM) provides public fixed income, private capital, and real estate investment solutions to institutional investors worldwide. The company's competitive position is underpinned by its globally recognized brand, extensive distribution networks, and robust financial strength, allowing it to maintain leadership across multiple geographies and product lines.
