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Life Health > Life Insurance

MetLife Recaptures UL Liabilities From Reinsurer

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NU Online News Service, Dec. 24, 2003, 6:03 p.m. EST – MetLife Inc., New York, says it will be recapturing reinsured universal life policy liabilities from Annuity & Life Re (Holdings) Ltd., Hamilton, Bermuda, as a result of a new ruling in an arbitration proceeding.[@@]

The recapture will have no material effect on MetLife’s fourth-quarter results or 2004 results, MetLife says.


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