THE WALL STREET JOURNAL NEW YORK--(BUSINESS WIRE)--June 07, 2011--
MetLife, Inc. (NYSE: MET) has announced that three of its life insurance subsidiaries (Metropolitan Life Insurance Company,
New England Life Insurance Company, and General American Life Insurance Company), approved an aggregate payment amount of approximately $1.5 billion in policy dividend payments to eligible life insurance policyholders for 2011.
"Our public company's disciplined practices continue to create efficiencies and benefits that we can pass on to our eligible policyholders. The size of the dividend pay-out -- consistent with last year's -- is a testament to MetLife's financial strength and stability, as well as our long term commitment to serving our policyholders," said Todd Katz, executive vice president of MetLife U.S. Business.