COMPANY PROFILE -MetLife Inc.
Business Sector :Insurance
Operating Geography :United States, Global
About MetLife Inc. :
MetLife, Inc. was founded in 1863 and is based in New York. It is the global provider of life insurance, annuities, employee benefits and asset management. Through its affiliates and subsidiaries, MetLife holds a market leader position in various parts of the world like US, Latin America, Japan, Asia, Europe and Middle East. It is also the largest institutional investor in the US. MetLife has a mix of insurance products divided into six segments: Life Insurance, Retirement, Corporate Benefits, Auto & Homeowners, International and Corporate & Other and these products are distributed through brokers, consultants and intermediaries. In the U.S the company offers a wide range of insurance and financial services products such as life, dental, disability, vision, accident & health, capital market investment, property and casualty, guaranteed interest, stable value and annuities, whereas in regions outside of U.S the company provides life, medical, dental, credit, accident & health insurance, annuities, endowment and retirement & savings products. As of early 2021, MetLife had approximately 46,500 employees across all its offices. In 2021, the company ranked 46 on the Fortune 500 list. As of March 2022, the market cap of MetLife is $58.82 billion.
MetLife’s unique selling proposition or USP lies in being one of the leading financial services companies in the world. MetLife’s mission statement states: ‘Our mission of financial inclusion offers more people across the globe access to the financial services they need to build better lives.’
MetLife Inc. Revenue :
US $71.080 billion - For the FY ended 31st December 2021(y-o-y growth of 4.77%)
US $67.842 billion - For the FY ended 31st December 2020
US$ 69.620 billion - For the FY ended 31st December 2019
Competitive Analysis of MetLife Inc.
The SWOT analysis for MetLife is presented below in a matrix followed by the detailed analysis report:
| Strengths | Weaknesses |
1. It is a Fortune 500 company due to its strong financial performance.
2. Flagship player to provide Structured Installment Sales
3. Exemplary customer service
4. Strong brand name and huge presence across the globe
5. Launch of conVRse- the first of its kind VR platform
| 1. Metlife failed to pay benefits to some retirees
2. High cost of operations as compared to industry
3. Over dependence on the US market
4. Actual claims may differ from estimations, assumptions or models
|
| Opportunities | Threats |
1. Aging population of Japan and US
2. Indian government increased the FDI limit in insurance.
3. Expansion of pet insurance offerings
| 1. Little differentiation in insurance product offerings leading to competition over pricing
2. Catastrophes can significantly increase the claim liability of the company.
|
On purchase the MetLife SWOT & PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
Detailed SWOT Analysis of MetLife Inc.
Strength
1. It is a Fortune 500 company due to its strong financial performance: In 2021, MetLife ranked 46 on the Fortune 500 company list, in spite of the fall in the revenue by 2.6% from the previous fiscal, 2020. MetLife’s revenue for the twelve months ending on 31th December 2021 was $71.08 billion which is a 2% increase on a year-over-year basis. For the past 10 years MetLife’s revenue has been consistently over 60 billion. It has also been earning a positive operating income for over 15 years. MetLife’s net income for the FY ending 31th December 2021 was $6.4 billion, buoyed by rising spiraling demand for life insurance due to the striking of a global pandemic.
2. Flagship player to provide Structured Installment Sales: MetLife is the first insurance company to provide Structured Installment Sales solution through its subsidiary, Metropolitan Tower Life Insurance Company. This solution is available in 49 states including Puerto Rico, and Washington, D.C. Structured Installment helps individuals to defer their tax liability for eligible property sales such as small businesses, and agricultural, residential and commercial properties. With this solution the earnings from the sales are paid out through installment method over a pre-determined number of years. Therefore, the taxes are also paid in installments rather than being paid at once.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
This section is available only in the 'Complete Report' on purchase.
The PESTLE analysis for MetLife is presented below in a matrix followed by the detailed analysis report:
| Political | Economical |
1. Biden administration is likely to substantially increase federal government’s oversight of the insurance industry.
2. The Indian Government increased the FDI limit in insurance segment.
3. Russia’s invasion in Ukraine could result in the decline of issuer’s credit rating
| 1. Fluctuations in exchange rate significantly impact the financial results of the company. |
| Social | Technological |
1. Retirement of Baby Boomers
2. Growing customer need for pet insurance.
3. Incorporating diversity, equality, and inclusion (DE&I) in business model
| 1. Undergoing company wise digital transformation |
| Legal | Environmental |
1. Highly regulated insurance and brokerage industry
2. Involved in various lawsuits.
| 1. Managing environmental footprint through carbon neutrality
2. Heavy investments in green building and renewable energy
|
On purchase the MetLife SWOT & PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
Detailed Pestle Analysis of MetLife Inc.
Political
This section is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
1. Managing environmental footprint through carbon neutrality: MetLife is the first carbon neutral U.S. based insurer and achieved carbon neutrality in 2016. It has now gone a step further and now supports 6 third party- certified carbon reduction projects that align with SDG of the United Nations including Reforestation of Mississippi Valley and capturing harmful landfill gases in US, use of renewable biomass in Brazil, replacing coal-fired stoves with solar cookers in China, conserving rainforest in Colombia and replacing traditional hot water heaters with solar powered heaters in India.
2. Heavy investments in green building and renewable energy: MetLife is committed to sound environmental stewardship and this fact is demonstrated by its consistent investment in green building and renewable energy. In 2020 alone the company reduced its energy consumption by 18%. In the year 2020, the company saved 48854 MWh in energy compared to the year 2019. The company is also managing more than $28.7 billion in green investments including energy efficient real estate and renewable energy projects.
The remaining section under 'Environmental' is available only in the 'Complete Report' on purchase.
Major Competitors :
- Genworth Financial
- USAA
- Assurant
- Auto Owners Insurance
- Erie Insurance
- Aegon
Major Brands :
- MetLife Investors
- MetLife Bank
- MetLife Securities
- Metropolitan Property
- Casualty Insurance Company
On purchase the MetLife SWOT & PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
You may also be interested in other analyses of MetLife Inc.:
-
| MetLife Inc. Porter's Five Forces Analysis |
|
-
| MetLife Inc. VRIO Analysis |
|
-
| MetLife Inc. Value Chain Analysis |
|
-
| MetLife Inc. Covid-19 Impact Analysis |
|
-
| MetLife Inc. BCG Analysis |
|
-
| MetLife Inc. Segmentation, Targeting and Positioning (STP) Analysis |
|
-
| MetLife Inc. Ansoff Matrix Analysis |
|
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Company Overview Report
This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Competitor Analysis Report
This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Porter's Five Forces Analysis Report
This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
VRIO Analysis Report
This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Value Chain Analysis Report
This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Regulatory Outlook Report
This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Risk Analysis Report
This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key Performance Indicators (KPI's) Report
This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Environmental, Social, and Governance (ESG) Analysis Report
This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
M&A Analysis Report
This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Subsidiaries, Partnerships and Collaborations Report
This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Stakeholder Analysis Report
This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Technology Landscape and Outlook Report
This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Covid-19 Impact Analysis Report
This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key News and Events Report
This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
BCG Analysis Report
This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Digital Marketing and Social Media Strategy Analysis Report
This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Segmentation, Targeting and Positioning (STP) Analysis Report
This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Ansoff Matrix Analysis Report
This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Check Out Analysis of Other Relevant Companies
References used in MetLife Inc. SWOT & PESTLE Analysis Report
1. MetLife 2020 Annual Report - https://s23.q4cdn.com/579645270/files/doc_financials/2020/ar/Metlife-AR-web-ready-v1.pdf
2. conVRse - A Virtual Reality enabled customer service platform by PNB Metlife - The Digital Insurer - https://www.the-digital-insurer.com/dia/convrse-a-virtual-reality-enabled-customer-service-platform-by-pnb-metlife/
3. MetLife | 2021 Fortune 500 | Fortune - https://fortune.com/company/metlife/fortune500/
4. How Does Japan’s Aging Society Affect Its Economy? - The Diplomat - https://thediplomat.com/2019/11/how-does-japans-aging-society-affect-its-economy/
The detailed complete set of references are available on request in the 'Complete report' on purchase.
How to Reference This Page?
You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.
MetLife SWOT & PESTLE Analysis - SWOT & PESTLE.COM
SWOT & PESTLE.com (2022). MetLife SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/metlife/ [Accessed 28 Jun, 2022].
In-text: (SWOT & PESTLE.com, 2022)
Copyrights and Disclaimer
MetLife Inc. SWOT and PESTLE analysis has been conducted by Farheen Rahman and reviewed by senior analysts from Barakaat Consulting.
Copyright of MetLife Inc. SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.
Safe and secure payments
