MetLife and General Atlantic Announce the Formation of Chariot Re
MetLife, Inc. (MET)
Last metlife, inc. earnings: 2/5 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.metlife.com
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. and General Atlantic today announced the formation of Chariot Reinsurance, Ltd. (“Chariot Re”), a to-be-registered Class E Bermuda-based life and annuity reinsurance company. Chariot Re is expected to launch in the first half of 2025 and will have a future strategic reinsurance partnership with MetLife.MetLife and General Atlantic anticipate Chariot Re will have an initial combined equity investment of over $1 billion, and that they will each initially own approximately 15% of the equity in Chariot Re. The remaining equity interests will be held by third-party stakeholders, including Chubb, a global leader in property and casualty insurance, which is expected to be an anchor third-party investor.MetLife anticipates initially reinsuring to Chariot Re an approximate $10 billion block of liabilities composed of structured settlement annuity contracts and group annuity contracts associated with pension risk transfers. The transaction is subject
Show less
Read more
Impact Snapshot
Event Time:
MET
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MET alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MET alerts
High impacting MetLife, Inc. news events
Weekly update
A roundup of the hottest topics
MET
News
- MetLife Names Nick Nadgauda Global Chief Information Officer [Yahoo! Finance]Yahoo! Finance
- MetLife Names Nick Nadgauda Global Chief Information OfficerBusiness Wire
- MetLife Unveils New Frontier Growth Strategy and Long-Term Financial Commitments at 2024 Investor Day [Yahoo! Finance]Yahoo! Finance
- MetLife Unveils New Frontier Growth Strategy and Long-Term Financial Commitments at 2024 Investor DayBusiness Wire
- MetLife and General Atlantic Announce the Formation of Chariot Re [Yahoo! Finance]Yahoo! Finance
MET
Earnings
- 10/30/24 - Miss
MET
Sec Filings
- 12/20/24 - Form 144
- 12/20/24 - Form 144
- 12/20/24 - Form 144
- MET's page on the SEC website