New York, August 9 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has assigned A3 senior debt rating to Metlife Inc (NYSE: MET). The outlook on the ratings has been stable.
In a research note published yesterday, the analysts state that the rating includes the solid brand recognition of the company along with significant operating scale with leading market positions in its annuity and individual and group life insurance businesses, diversified distribution system with a large career agent sales force, substantial capital base and very diversified business mix with strong earning capacity.
MET has its headquarters in New York and reported its total operating revenue of $16.8 billion and net income of $2.3 billion and consolidated assets of $825 billion, the analysts say.
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