MetLife Anticipates Q3 Variable Investment Income Of At Least $600M Pre-Tax, FY26 Guidance For Variable Investment Income Of ~$1.60B Pre-Tax
https://www.sec.gov/ix?doc=/Archives/edgar/data/1099219/000109921926000055/met-20260924.htm
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JP Morgan analyst Pablo Singzon maintains MetLife (NYSE:MET) with a Overweight and raises the price target from $106 to $108.
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https://www.sec.gov/ix?doc=/Archives/edgar/data/1099219/000109921926000055/met-20260924.htm
MetLife's Group Benefits segment reported 25% year-over-year earnings growth in Q2 2026, driven by volume growth and improved underwriting. Group Life's mortality ratio improved to 79%, below the 83%-88% target range. However, some mortality benefits may not persist as about 2 percentage points reflected prior-period development. Competitors The Hartford and Aflac showed mixed results, with Hartford's employee benefits expanding but facing higher disability loss ratios, while Aflac's earnings declined despite sales growth.
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