- Berkshire Hathaway Raises Japan Bet With Higher Trading House Stakes
May 13, 2026
Berkshire Hathaway BRK.B has increased its stakes in Japan’s Sumitomo Corp. and Marubeni Corp. to more than 10%, with holdings now at 10.05% and 10.1%, respectively. The move reflects Berkshire’s ongoing expansion in Japan, where it now owns over 10% stakes in all five major trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.
These diversified companies operate across sectors like energy, commodities, logistics and technology. Their disciplined capital allocation, strong management practices, and shareholder-friendly policies such as dividends and buybacks align closely with Berkshire’s long-term investment philosophy. By the end of 2025, Berkshire’s total investment cost in these firms was about $15.4 billion, while the market value of the holdings had climbed to roughly $35.4 billion.
Several factors continue to support Berkshire’s growing presence in Japan. Corporate governance reforms have improved transparency and capital efficiency, making Japanese firms increasingly attractive to foreign investors. At the same time, Japanese equities remain relatively inexpensive compared with U.S. peers, offering appealing long-term return potential. Berkshire is also planning to invest nearly $1.8 billion in Tokio Marine Holdings.
The conglomerate has financed its expansion strategically through yen-denominated bonds, reducing currency risk while benefiting from Japan’s low borrowing costs. Favorable yen-dollar exchange movements have further contributed billions in after-tax gains. Beyond financial returns, these investments provide Berkshire exposure to businesses central to Japan’s industrial and resource infrastructure, enhancing diversification and long-term earnings stability and providing more exposure to the growing economy of Asia.
What About Other Insurers?
MetLife MET, a major U.S. insurer, has built a strong, long-term presence in Japan. MetLife’s most transformative move was acquiring Alico in 2010. It positioned MET as a leading force in Japan’s life insurance sector and reinforced its strategic growth ambitions in Asia.
Aflac Incorporated AFL established Aflac Ventures Japan in 2019 to invest in cancer care, HealthTech, and InsurTech startups, fostering innovation for Aflac Life Insurance Japan. In 2018, Aflac converted its Japanese branch into a subsidiary. Today, Japan remains a vital revenue driver, underscoring Aflac’s strategic commitment.
BRK.B’s Price Performance
Shares of BRK.B have gained 3.8% year to date, underperforming the industry.Zacks Investment Research
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Story Continues
BRK.B’s Expensive Valuation
BRK.B trades at a price-to-book value ratio of 1.43, above the industry average of 1.33.Zacks Investment Research
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No Estimate Movement for BRK.B
The Zacks Consensus Estimate for BRK.B’s second-quarter and third-quarter 2026 EPS has witnessed no movement over the past 30 days. The same holds true for 2026 and 2027 EPS. Zacks Investment Research
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The consensus estimates for BRK.B’s 2026 and 2027 revenues indicate year-over-year increases. While the consensus estimate for BRK.B’s 2026 EPS indicates a decline, the same for 2027 suggests an increase.
BRK.B stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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- Radian Group Stock Outperforms the Industry: Time to Buy?
May 13, 2026
Shares of Radian Group Inc. RDN have gained 10.4% in the past year against the industry’s decline of 8.5%. With a capitalization of $4.99 billion, the average number of shares traded in the last three months was 1.4 million.Zacks Investment Research
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RDN has underperformed a multiline insurer like CNO Financial Group, Inc. CNO, which has gained 18.3% in the past year, but outperformed others likeMetLife, Inc. MET and Prudential Financial, Inc. PRU, which have lost 3.3% and 5.8%, respectively.
RDN Shares Are Affordable
RDN shares are trading at a price-to-book value of 1.05X, lower than the industry average of 2.57X, the Finance sector’s 4.39X, and the Zacks S&P 500 composite’s 7.1X. Its pricing, at a discount to the industry average, gives a better entry point for investors.Zacks Investment Research
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Encouraging Projections for RDN
The Zacks Consensus Estimate for Radian Group’s 2026 revenues is pegged at $1.22 billion, implying a year-over-year improvement of 0.02%. The estimate for 2026 earnings per share (EPS) indicates a year-over-year increase of 17.5%.
The consensus estimate for 2027 EPS and revenues indicates an increase of 3.2% and 2.7%, respectively, from the corresponding 2026 estimates.
The expected long-term earnings growth is pegged at 7.7%.
Average Target Price for RDN Suggests Upside
Based on short-term price targets offered by five analysts, the Zacks average price target is $42 per share. The average suggests a potential 11.8% upside from the last closing price.Zacks Investment Research
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RDN’s Favorable Return on Capital
Return on invested capital in the trailing 12 months was 7%, better than the industry average of 2.1%, reflecting RDN’s efficiency in utilizing funds to generate income.
Key Points to Note for RDN
Radian Group’s mortgage insurance portfolio is expected to create a strong foundation for future earnings, supported by its proprietary analytics capabilities and RADAR Rates platform. However, persistence rates witnessed a modest decline due to higher refinancing activity.
Management expects in-force premium yields to remain steady, supported by favorable industry pricing conditions and a large share of low-interest-rate loans in force. In addition, RDN has been witnessing a declining pattern of claim filings. We expect paid claims to decline further, thus strengthening the balance sheet and improving its financial profile.
Radian Group completed its strategic acquisition of Inigo in February 2026. With this acquisition, Radian Group will expand from a leading U.S. private mortgage insurer into a global, diversified, multi-line specialty insurer, tremendously increasing its product expertise and capabilities while optimising the deployment of the excess capital.
Story Continues
Radian Group projects mid-teens percentage growth in EPS and approximately a 200-basis point increase in return on equity in the first full year after the transaction closes in early 2026. RDN expects the deal to double its total annual revenues, providing flexibility to deploy capital across multiple insurance lines through various business cycles.
Radian Group has also agreed to divest its Mortgage Conduit, Title and Real Estate Services businesses. With this divestiture, the insurer intends to simplify its operations and focus on the new insurance venture, a global multi-line specialty insurance business.
Radian Group maintains a solid balance sheet with sufficient liquidity and strong cash flows. A strong capital position helps Radian Group deploy capital via share repurchases and dividend hikes that enhance shareholders’ value.
Conclusion
Improving mortgage insurance portfolio, declining claims, a solid capital position and effective capital deployment should continue to favor mortgage insurers over the long term.
The company’s current dividend yield of 2.7% betters the industry average of 0.7%, making it an attractive pick for yield-seeking investors. Its solid growth projections as well as attractive valuations are other positives. Coupled with impressive dividend history and favorable ROIC, the time appears right for potential investors to bet on this Zacks Rank #2 (Buy) insurer. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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- Purpose in Action: MetLife Employees Lead Sustainability Efforts from Tampa to Global Communities
May 12, 2026
NORTHAMPTON, MA / ACCESS Newswire / May 12, 2026 / This Earth Day, we're proud to recognize our MetLife Green Teams for the impact they've already made in 2026. For example, in Tampa the green team has partnered with Keep Tampa Bay Beautiful for community cleanups and worked with Rebuilding Together to complete meaningful home and yard improvements for a local resident, to show their support for both people and the planet.
What's Next: MetLife is continuing our momentum around litter cleanups, with hundreds of employees planning to participate in global events throughout the year. In Tampa, we're excited for quarterly volunteer events at our newly adopted Lowry Park-creating even more opportunities to make a difference together.
Thank you to everyone who've shown what MetLife can do when we lead with purpose.
About MetLife
MetLife, Inc. (NYSE:MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit www.metlife.com.
Find more stories and multimedia from MetLife at 3blmedia.com.
Contact Info:
Spokesperson: MetLife
Website: https://www.3blmedia.com/profiles/metlife-inc
Email: info@3blmedia.com
SOURCE: MetLife
View the original press release on ACCESS Newswire
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- MetLife and Global Citizen Launch "Footwork for Futures" Social Media Challenge to Help Expand Access to Education and Sports
May 12, 2026
All donations will support the FIFA Global Citizen Education Fund, building on MetLife Foundation’s $9 million commitment
NEW YORK, May 12, 2026--(BUSINESS WIRE)--Today, MetLife and Global Citizen announced Footwork for Futures, a global soccer-themed social media challenge that supports children’s access to quality education and sports to foster more confident and resilient communities.
Footwork for Futures invites people to share a short video of themselves juggling – or attempting to juggle – a soccer ball on Instagram, LinkedIn, X, TikTok, or Facebook and include the hashtag #FootworkForFutures, or by submitting a video through the Global Citizen app. For each eligible video submission, MetLife will donate $5 to the FIFA Global Citizen Education Fund, up to $100,000, to help support access to quality education and sports for children through grants to community-based organizations around the world.
This social campaign builds upon MetLife Foundation’s $9 million contribution as a founding donor of the FIFA Global Citizen Education Fund. The fund gives grants to organizations in communities around the world that offer educational and sports programs. Footwork for Futures uses the excitement of this summer’s FIFA World Cup 2026™ to help organizations grow their initiatives, aiming to boost children’s confidence and strengthen communities.
"The FIFA Global Citizen Education Fund is proof of what’s possible when we unite the world’s love of football with the power of education to strengthen our communities," said Nuria Garcia, Head of Global Sustainability, MetLife, and Chair, MetLife Foundation. "Footwork for Futures helps make that mission fun, real and accessible. Every video submitted is a meaningful step toward building more confident futures for young people around the world."
Participation in Footwork for Futures is open to all individuals, regardless of skill, ability or experience, allowing each person to showcase their own approach to keeping a soccer ball in motion. The initiative runs from May 12 to July 19, 2026, or until donations reach $100,000. Submissions received after this period will be shared; however, they will not contribute to additional donations. Participants are encouraged, but not required, to nominate friends and family to join in.
All videos must follow the rules of the respective social media platforms and the campaign’s Terms & Conditions. To be eligible, each video must clearly display a real person safely and responsibly juggling (or attempting to juggle) a soccer ball. Global Citizen reserves the right to disqualify any entry that fails to meet these standards. For more information on how to participate visit: Footwork for Futures.
Story Continues
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit www.metlife.com.
About MetLife Foundation
At MetLife Foundation, we are committed to driving inclusive economic mobility. We collaborate with nonprofit organizations and provide grants aligned to three strategic focus areas – economic empowerment, financial health and resilient communities – while engaging MetLife employee volunteers to help drive impact. MetLife Foundation was established in 1976 and for 50 years has continued MetLife’s long tradition of community engagement and involvement. Since its inception, MetLife Foundation has contributed over $1 billion to strengthen communities where MetLife has a presence. To learn more about MetLife Foundation, visit www.metlife.org.
About Global Citizen
Global Citizen is the world’s largest movement to end extreme poverty. Powered by a worldwide community of everyday advocates raising their voices and taking action, the movement is amplified by campaigns and events that convene leaders in music, entertainment, public policy, media, philanthropy and the private sector. Since the movement began, more than $50 billion in commitments announced on Global Citizen platforms has been deployed, impacting 1.3 billion lives. Established in Australia in 2008, Global Citizen operates in the US, the UK, France, Germany, Spain, Switzerland, Brazil, Canada, Australia, South Africa, Nigeria, Ghana, Rwanda, the UAE, and across Asia. Join the movement at globalcitizen.org, download the Global Citizen app, and follow Global Citizen on TikTok, Instagram, YouTube, Facebook, X and LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260511913741/en/
Contacts
Media
MetLife:
Peggy Fries Carlton
peggy.f.carlton@metlife.com
Global Citizen:
media@globalcitizen.org
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- MetLife and Global Citizen Launch “Footwork for Futures” Social Media Challenge to Help Expand Access to Education and Sports
May 12, 2026 · businesswire.com
NEW YORK--(BUSINESS WIRE)--Today, MetLife and Global Citizen announced Footwork for Futures, a global soccer-themed social media challenge that supports children's access to quality education and sports to foster more confident and resilient communities.
- METLIFE AND GLOBAL CITIZEN LAUNCH “FOOTWORK FOR FUTURES” SOCIAL MEDIA CHALLENGE TO HELP EXPAND ACCESS TO EDUCATION AND SPORTS
May 12, 2026
NEW YORK--(BUSINESS WIRE)--TODAY, METLIFE AND GLOBAL CITIZEN ANNOUNCED FOOTWORK FOR FUTURES, A GLOBAL SOCCER-THEMED SOCIAL MEDIA CHALLENGE THAT SUPPORTS CHILDREN'S ACCESS TO QUALITY EDUCATION AND SPORTS TO FOSTER MORE CONFIDENT AND RESILIENT COMMUNITIES.
- MetLife Q1 Earnings Call Highlights
May 11, 2026 · marketbeat.com
MetLife NYSE: MET reported a strong start to 2026, with executives telling analysts that first-quarter results reflected broad-based growth across its operating businesses, favorable underwriting trends and disciplined capital management under its New Frontier strategy.
- Do Wall Street Analysts Like MetLife Stock?
May 11, 2026
New York-based MetLife, Inc. (MET) is a financial services company that provides insurance, annuities, employee benefits, and asset management services worldwide. Valued at $50.9 billion by market cap, the company also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products, as well as other products and services.
Shares of this global provider of insurance, annuities, and employee benefit programs have underperformed the broader market over the past year. MET has gained marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 30.6%. In 2026, MET stock is down 1.1%, compared to the SPX’s 8.1% rise on a YTD basis.
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Narrowing the focus, MET’s outperformance is apparent compared to the iShares U.S. Insurance ETF (IAK). The exchange-traded fund has declined about 3.3% over the past year. Moreover, the stock’s dip on a YTD basis outshines the ETF’s 4.4% losses over the same time frame.www.barchart.com
On May 6, MET shares closed up marginally after reporting its Q1 results. Its adjusted EPS came in at $2.42, up 23.5% year over year. The company’s revenue stood at $19.1 billion, up 2.7% from the year-ago quarter.
For the current fiscal year, ending in December, analysts expect MET’s EPS to grow 11.3% to $9.89 on a diluted basis. The company’s earnings surprise history is mixed. It beat the consensus estimate in three of the last four quarters while missing the forecast on another occasion.
Among the 19 analysts covering MET stock, the consensus is a “Moderate Buy.” That’s based on 11 “Strong Buy” ratings, one “Moderate Buy,” and seven “Holds.”www.barchart.com
This configuration is more bullish than two months ago, with no analyst suggesting a “Moderate Buy.”
On May 8, Mizuho Financial Group, Inc. (MFG) analyst Yaron Kinar kept an “Outperform” rating on MET and raised the price target to $95, implying a potential upside of 21.7% from current levels.
The mean price target of $91.19 represents a 16.8% premium to MET’s current price levels. The Street-high price target of $106 suggests an ambitious upside potential of 35.8%.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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- Assessing MetLife (MET) Valuation After Recent Share Price Moves And Long Term Returns
May 8, 2026
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MetLife stock snapshot and recent performance
MetLife (MET) is drawing attention after a recent move in its share price, with the stock closing at $78.82. Investors are weighing this level against its recent returns and current fundamentals.
See our latest analysis for MetLife.
The recent 1-day share price decline of 1.67% and 7-day share price return of 1.60% sit against a stronger 30-day share price return of 10.70%. Meanwhile, the 3-year total shareholder return of 67.22% and 5-year total shareholder return of 41.11% show how recent moves fit into a longer, mixed performance picture.
If this sort of price action has you thinking about where else to put fresh capital to work, it could be a good moment to check out 19 top founder-led companies
With MetLife trading at $78.82, alongside an indicated discount to one analyst price target and a wide range of past returns, the key question is whether investors are seeing an undervalued insurer or a stock already pricing in future growth.
Most Popular Narrative: 11.7% Undervalued
MetLife's widely followed narrative pegs fair value at about $89.31 per share, compared with the latest close at $78.82, which frames the current discount.
Strategic expansion of asset-light, fee-generating businesses (like employee benefits, asset management, and longevity reinsurance), combined with disciplined capital management, supports higher return on equity and more consistent, less capital-intensive earnings growth.
Read the complete narrative.
Curious what kind of revenue mix, margin profile, and valuation multiple are baked into that fair value figure? The narrative leans heavily on specific growth assumptions and a lower future earnings multiple to justify the upside.
Result: Fair Value of $89.31 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, that upside case depends on investment margins and credit quality holding up, while any further commercial mortgage loan losses or reserve hits could quickly undermine it.
Find out about the key risks to this MetLife narrative.
Next Steps
With both risks and rewards in play, do you feel the balance of this story lines up with your own expectations, or not quite yet? Act while the information is fresh and weigh the upside and downside for yourself with 3 key rewards and 1 important warning sign
Looking for more investment ideas?
If this MetLife story has you thinking about your next move, do not stop here. Broaden your watchlist with a few focused sets of stocks:
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Target strong cash generators and robust balance sheets by checking out the solid balance sheet and fundamentals stocks screener (44 results). Hunt for potentially mispriced opportunities with the 51 high quality undervalued stocks. Spot smaller companies that may be flying under the radar through the screener containing 23 high quality undiscovered gems.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include MET.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- MET Tops Q1 EPS Estimates on Strong Investment Income and Volume Growth
May 7, 2026
MetLife, Inc. MET reported first-quarter 2026 adjusted operating earnings per share (EPS) of $2.42, which beat the Zacks Consensus Estimate by 7.6%. The bottom line advanced 23% year over year.
Adjusted operating revenues improved 4.5% year over year to $19.7 billion. The top line surpassed the consensus mark by 2.4%.
MetLife’s first-quarter results benefited from improved net investment income, favorable underwriting results and solid business volume growth across segments. Growth in adjusted PFOs and strong performances in Group Benefits, Asia and EMEA also supported results. However, higher expenses, unfavorable tax-related items in Latin America and a wider-than-expected loss in the Corporate & Other unit partially offset the upside.
MetLife, Inc. Price, Consensus and EPS SurpriseMetLife, Inc. Price, Consensus and EPS Surprise
MetLife, Inc. price-consensus-eps-surprise-chart | MetLife, Inc. Quote
Behind the Headlines
Adjusted PFOs, excluding pension risk transfer (PRT), were $13.3 billion. The metric inched up 10% year over year.
Adjusted net investment income grew 5% year over year to $5.5 billion on the back of growth in assets and improved variable investment income.
Total expenses of $17.6 billion escalated 2% year over year due to increased policyholder benefits and claims, and other expenses, net of capitalization of DAC. Adjusted expense ratio, excluding total notable items related to adjusted other expenses and PRT, deteriorated 30 basis points year over year to 20.3%.
Net income of $1.1 billion rose 29.7% year over year in the first quarter. Adjusted return on equity, excluding total notable items, improved 260 bps year over year to 17%.
Inside MetLife’s Segments
Group Benefits: The segment reported adjusted earnings of $439 million in the first quarter, reflecting a 19% year-over-year increase and exceeding the Zacks Consensus Estimate by 22.5%. The strong performance was driven by improved underwriting results and continued business volume growth. Adjusted PFOs rose 2% year over year to $6.5 billion.
RIS: Adjusted earnings totaled $451 million, which inched up 11% year over year and beat the consensus mark by 6.4%. Improved variable investment income and favorable underwriting results benefited the metric. Adjusted PFOs, excluding PRT, advanced 58% year over year to $1.5 billion.
Asia: The unit recorded adjusted earnings of $487 million, which rose 31% year over year and beat the Zacks Consensus Estimate by 9.7%. The metric was supported by improved variable investment income and volume growth. Adjusted PFOs rose 3% year over year to $1.7 billion in the quarter.
Story Continues
Latin America: Adjusted earnings of $229 million increased 5% year over year on a reported basis but declined 9% year over year on a constant-currency basis. The metric exceeded the consensus estimate by 5.9%, driven by volume growth and favorable underwriting results, partially offset by unfavorable tax-related items. Adjusted PFOs were $1.9 billion, up 25% year over year on a reported basis and 11% on a constant-currency basis, driven by solid business growth and strong persistency across the region.
EMEA: The segment recorded adjusted earnings of $110 million in the first quarter, which advanced 33% year over year and beat the Zacks Consensus Estimate by 23%. Strong volumes aided the metric. Adjusted PFOs rose 19% year over year to $797 million on the back of solid policy renewal across the region.
Metlife Investment Management: The segment recorded adjusted earnings of $47 million, which advanced 68% year over year on the back of strong business growth and expense management. However, the metric missed the Zacks Consensus Estimate by 9.2%.
Corporate & Other: The unit incurred an adjusted loss of $177 million, wider than the prior-year quarter’s loss of $129 million.
Financial Update (as of March 31, 2026)
MetLife exited the first quarter with cash and cash equivalents of $22.7 billion, up from $22 billion at the end of 2025. Total assets were $743.2 billion as of March 31, 2026, compared with $745.2 billion as of 2025-end.
Long-term debt totaled $14.4 billion, slightly lower than $14.5 billion at the end of 2025, while short-term debt amounted to $404 million.
Total equity was $27.6 billion compared with $28.7 billion as of 2025-end. Book value per share increased 7.8% year over year to $37.92 as of March 31, 2026.
Capital Deployment Update
MetLife bought back shares worth $750 million in the first quarter. It pursued additional repurchases of roughly $200 million in April 2026. Management paid common stock dividends of $350 million in the quarter under review.
MET’s 2026 Outlook
Management still expects a pre-tax variable investment income of around $1.6 billion for 2026. The expense ratio was earlier projected to be 12.1%.
Corporate & Other adjusted losses were earlier projected to be between $500 million and $700 million. The effective tax rate was projected to be 24-26%.
Near-Term Targets
MetLife expects adjusted PFOs in the Group Benefits business to rise in the range of 4-7% annually. Adjusted PFOs in the Latin America unit are expected to witness high-single-digit growth on a constant-currency basis, while those in the EMEA unit are guided to grow at a high-single-digit rate on a reported basis.
MetLife aims to achieve an adjusted return on equity in the range of 15-17%. The company also expects to deliver double-digit adjusted EPS growth in the near term.
MET’s Zacks Rank
MET currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Insurers
Companies belonging to the broader Finance space, such as American International Group, Inc. AIG, AXIS Capital Holdings Limited AXS and Selective Insurance Group SIGI, have also posted their quarterly results. Here’s how they have performed:
American International reported first-quarter 2026 adjusted earnings per share of $2.11, which topped the Zacks Consensus Estimate of $1.90. The bottom line surged 80.3% year over year. American International’s adjusted operating revenues advanced 5.4% year over year to $6.97 billion. The top line beat the consensus mark by 1.2%. The strong quarterly performance was fueled by better underwriting, alongside lower catastrophe losses and a decline in total losses and expenses. However, the upside was partly offset by lower investment income.
AXIS Capital reported first-quarter 2026 operating income of $3.42 per share, which outpaced the Zacks Consensus Estimate of $3.23 and rose 7.9% year over year. Total operating revenues of $1.7 billion marginally beat the Zacks Consensus Estimate by 0.4%. The top line rose nearly 7.7% year over year on higher premiums earned. AXIS Capital’s quarterly results benefited from higher net premiums earned and stronger underwriting income, partly offset by lower net investment income and higher expenses.
Selective Insurance reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year. SIGI’s operating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. The top line missed the Zacks Consensus Estimate by 0.5%. Net premiums written decreased 1% to $1.3 billion, which matched our estimate.
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