Foundation of MetLife
MetLife, originally known as the Metropolitan Life Insurance Company, was founded in New York City in March 1868.
1868
1879
Introduction of Industrial Insurance
MetLife began offering industrial insurance to low-income workers, making insurance accessible to a broader segment of the population.
1909
Largest Life Insurer in the U.S.
By 1909, MetLife became the largest life insurer in the United States, a position it has maintained for many years.
1914
World War I Support
During World War I, MetLife provided insurance to soldiers and contributed to the war effort through bond purchases.
1930
Expansion into Group Insurance
MetLife expanded its offerings to include group insurance, providing coverage to employees of businesses and organizations.
1972
Introduction of Snoopy as Mascot
MetLife adopted Snoopy, the beloved character from the Peanuts comic strip, as its corporate mascot, enhancing its brand recognition.
1981
Introduction of Universal Life Insurance
MetLife introduced universal life insurance, offering flexible premiums and death benefits to policyholders.
1985
Expansion into Real Estate
MetLife diversified its investments by expanding into real estate, becoming a major player in commercial real estate markets.
2000
Demutualization and IPO
MetLife transitioned from a mutual company to a publicly traded company and conducted its initial public offering (IPO) on the New York Stock Exchange.
2005
Acquisition of Travelers Life & Annuity
MetLife acquired Travelers Life & Annuity, significantly expanding its product offerings and market presence.
2010
Acquisition of Alico
MetLife acquired American Life Insurance Company (Alico) from AIG, enhancing its global footprint and market share.
2012
Divestiture of Retail Banking Operations
MetLife sold its retail banking operations to GE Capital, focusing more on its core insurance and employee benefits businesses.
2015
Launch of MetLife Investment Management
MetLife launched MetLife Investment Management to manage its investment portfolio and offer investment solutions to institutional investors.
2017
Separation of Brighthouse Financial
MetLife separated its U.S. retail business, creating Brighthouse Financial to focus on life insurance and annuities.
2020
Acquisition of Versant Health
MetLife acquired Versant Health, expanding its capabilities in the vision care market and enhancing its employee benefits offerings.
2023
Commitment to Sustainability
MetLife announced ambitious sustainability goals, including achieving net-zero greenhouse gas emissions across its global operations by 2050.
