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MetLife to Part Ways With Business Unit But Not Its Name

July 21,2016 17:14

MetLife Inc. MET 0.12 % is ready to send its U.S. life-insurance business out on its own, but with no trace of its parentage or history. On Thursday the New York company announced to employees that Brighthouse Financial will be the new name of the unit ...and more »



MetLife Inc. is ready to send its U.S. life-insurance business out on its own, but with no trace of its parentage or history. On Thursday the New York company announced to employees that Brighthouse Financial will be the new name of the unit that it plans to divest in the coming months. U.S. life insurance has been at the company’s core for more than a century and an important contributor to the company’s rise. MetLife...

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