Friday, October 17, 2008

MetLife a fortress-like capital

We all feel like who is next now days. I thought you might like to see a few quotes about MetLife as of recent …
“Given the uncertainty in global markets, it helps (that MetLife has) a fortress-like capital position.” Barron’s October 13, 2008
“Though MetLife was one of the first big insurers to raise capital in this downturn, it appears to be one of the least in need.”
The New York Times, October 10, 2008“MetLife benefits from strong cash flows from it individual and institutional insurance operations, improved diversity of insurance cash flows and strong fixed-charge coverage.” Standard & Poor;s October 9 2008
“The Long-term approach we take in managing our investment portfolio, combined with our diverse mixes of business, has served us well and will continue to do so in the years ahead.” C. Robert Henrikson, MetLife Chairman and CEO, October 7, 2008

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