MET Dec 2024 85.000 call
| Previous close | 1.3000 |
| Open | 1.2500 |
| Bid | 0.3500 |
| Ask | 0.5500 |
| Strike | 85.00 |
| Expiry date | 2024-12-20 |
| Day's range | 1.2500 - 1.3000 |
| Contract range | N/A |
| Volume | |
| Open interest | 18 |
Business WireAM Best Assigns Issue Credit Rating to MetLife, Inc.’s New Senior Unsecured Notes
OLDWICK, N.J., June 20, 2024--AM Best has assigned a Long-Term Issue Credit Rating of "a-" (Excellent) to the newly issued $500 million, 5.300% senior unsecured notes due Dec. 15, 2034, issued by MetLife, Inc. (MetLife) (headquartered in New York, NY) [NYSE: MET]. The outlook assigned to this Credit Rating (rating) is stable. All other ratings of MetLife and its subsidiaries remain unchanged.
Business WireMetLife Foundation Community Impact Grant Program Opens Application for Second Round of 2024 Funding
NEW YORK, June 19, 2024--MetLife Foundation today announced another request for proposal (RFP) opportunity for its Community Impact Grant Program, which it expanded earlier this year and launched internationally in Asia Pacific. With the support and dedication of MetLife employees in the application review process, the program continues to expand the Foundation’s impact and involvement in communities where MetLife has a presence.
- Yahoo Finance Video
Extreme weather risks and insurance stocks: Investment guide
2023 was a year of extreme weather with 22 billion-dollar disasters occurring in the calendar year, according to the National Centers for Environmental Information (NCEI). With extreme weather instances on the rise, how are insurance companies coping with potential fallout from these events? CFRA Research Vice President Cathy Seifert joins Market Domination to give insight into the impact these extreme weather phenomena are having on insurance companies and what investors need to keep in mind when adding these names to their portfolios. Seifert outlines the current landscape for insurers in the sector: "The insurance industry really has not seen this kind of pricing power in decades. And I would argue that this pricing power that the industry currently has is likely to be a secular trend, not a cyclical trend. This is good for insurance investors. I think you have to choose carefully depending upon a particular company's strategy, how well they've historically underwritten and things like that." She references insurers with "pricing power, but either have a diversified book of business so that they don't have outsized exposure to one particular line of coverage, or one particular area to, and also have lines of coverage that is not necessarily as exposed to severe weather." This includes primary insurer and reinsurer Arch Capital (ACGL). For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
