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MetLife Announces $10 Billion Reinsurance Deal with Chariot

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MetLife Announces $10 Billion Reinsurance Deal with Chariot

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An update from Metlife ( (MET) ) is now available.

On July 1, 2025, MetLife, Inc. announced a significant agreement with Chariot Reinsurance, Ltd. to reinsure approximately $10 billion of structured settlement annuity contracts and group annuity contracts related to pension risk transfers. This strategic move is part of MetLife’s New Frontier strategy to enhance its diversified retirement platform and asset management business. The transaction marks the launch of Chariot Re, co-sponsored by MetLife and General Atlantic, with backing from Chubb and other investors. Chariot Re aims to reshape the life and annuity reinsurance market with its unique platform and experienced leadership team, led by CEO Cynthia Smith. The partnership is expected to drive growth and deliver innovative reinsurance solutions globally, while MetLife maintains its commitment to policyholders.

The most recent analyst rating on (MET) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Metlife stock, see the MET Stock Forecast page.

Spark’s Take on MET Stock

According to Spark, TipRanks’ AI Analyst, MET is a Outperform.

MetLife’s strong financial performance, reasonable valuation, and positive earnings call sentiment contribute significantly to its overall score. While technical analysis indicates stability, the main strengths lie in robust cash flow management and strategic risk management initiatives. Minor challenges are noted but are outweighed by the company’s strengths.

To see Spark’s full report on MET stock, click here.

More about Metlife

MetLife, Inc. is a leading global financial services company that provides insurance, annuities, employee benefits, and asset management services. Founded in 1868, it operates in over 40 markets worldwide, holding significant positions in the United States, Asia, Latin America, Europe, and the Middle East.

Average Trading Volume: 3,403,520

Technical Sentiment Signal: Buy

Current Market Cap: $53.95B

For detailed information about MET stock, go to TipRanks’ Stock Analysis page.

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