METLIFE CFO JOHN HELE TO MAKE KEYNOTE ADDRESS AT KPMG’s ANNUAL INSURANCE CONFERENCE
NEW YORK, Sept. 13, 2013 - John Hele, chief financial officer at MetLife, Inc. (NYSE: MET), will present a keynote address at KPMG’s Annual Insurance Conference on Wednesday, Sept. 18, at approximately 8:15 a.m. (ET).
Hele will discuss the evolving regulatory landscape facing the life insurance industry, especially the focus on systemic risk and heightened capital requirements in the wake of the financial crisis. He will note the non-systemic nature of insurance liabilities relative to bank liabilities; discuss the unintended consequences of imposing a bank capital framework on the insurance industry; and outline a path forward that appropriately captures insurance risk while preserving the industry’s ability to offer affordable financial protection.
The conference will be held at the New York Marriott Marquis, 1535 Broadway, in New York City and is open to the news media.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
Speeches, Testimony and Q&A
MetLife CEO Steve Kandarian in a major address on systemic risk says the federal government should focus on regulating risky activities not institutions.
MetLife Americas President William J. Wheeler testifies before Congress on systemic risk.