Company profile

Future of MetLife

#
Rank
60
| Quantumrun Global 1000

MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC) popularly known as MetLife, and its affiliates. MetLife is one of the biggest worldwide providers of annuities, employee benefit programs, and insurance, with 90 million customers all over the world. The firm was established on March 24, 1868.

Home Country:
Sector:
Industry:
Insurance - Life, Health (Mutual)
Website:
Founded:
1868
Global employee count:
58000
Domestic employee count:
Number of domestic locations:

Financial Health

3y average revenue:
$71633500000 USD
3y average expenses:
$63496500000 USD
Funds in reserve:
$17877000000 USD
Market country
Revenue from country
0.55
Revenue from country
0.18

Asset Performance

  1. Product/Service/Dept. name
    Retail
    Product/Service revenue
    20285000000
  2. Product/Service/Dept. name
    Asia
    Product/Service revenue
    18187000000
  3. Product/Service/Dept. name
    Corporate benefit funding
    Product/Service revenue
    15389220000

Innovation assets and Pipeline

Global brand rank:
174
Total patents held:
1

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the insurance industry means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the financial and insurance worlds—from AI trading, wealth management, accounting, financial forensics, and more. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white-collar employees.

*Blockchain technology will be co-opted and integrated into the established banking and insurance system, significantly reducing transaction costs and automating complex contract agreements.

*Financial technology (FinTech) companies that operate entirely online and offer specialized and cost-effective services to consumer and business clients will continue to erode the client base of larger institutional banks and insurance companies.

COMPANY’S FUTURE PROSPECTS

Company Headlines