MetLife (MET) Announces Aggregate $1.36B in Dividend Payments for Eligible Policyholders

MetLife, Inc. (NYSE: MET) announced that four of its life insurance subsidiaries (Metropolitan Life Insurance Company, MetLife Investors USA Insurance Company, New England Life Insurance Company, and General American Life Insurance Company), approved an aggregate payment amount of approximately $1.36 billion in policy dividend payments to eligible life insurance policyholders for 2012.

“Despite the uncertainty in the financial markets, MetLife’s long-standing disciplined practices continue to create benefits that we can pass on to our eligible policyholders. This significant dividend pay-out reinforces our commitment to providing policyholders with value,” said Gene Lunman, senior vice president, MetLife. “MetLife continues to focus on bringing competitive life insurance products to market and managing its business for the long-term performance, as demonstrated by the company’s financial strength and stability.”

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