MetLife’s vision of being the leading global life insurance and employee benefits company guides the company’s response to people’s growing need for first-rate financial products and services through various life stages and economic cycles. MetLife’s trusted brand, capital strength, and existing relationships with millions of individual and institutional customers around the globe uniquely position MetLife among its competitors.
On November 1, 2010, MetLife added significant scale and reach to its international footprint by acquiring American Life Insurance Company (Alico) from American International Group, Inc. (AIG) for $16.4 billion. Starting in 1921, Alico grew to become one of the largest and most diversified international insurance companies in the world—and the first foreign life insurance company licensed to sell in Japan. The acquisition of Alico transformed MetLife into a global life insurance and employee benefits powerhouse, with 90 million customers in more than 50 countries around the globe.
Today, a time when consumers are feeling a greater financial burden than ever before, MetLife is helping millions of customers create their own personal safety net. At no time in the company’s history has MetLife been as well positioned to capitalize on its history, its reputation for security and stability, and its innovative products and services as it is today.
In the future, MetLife will continue to grow its business with focus, innovation and profitability. This will be accomplished by drawing on the reservoir of history that has produced an enduring set of corporate values based on more than 140 years of integrity, social responsibility, strong leadership and financial strength.