NU Online News Service, Feb. 19, 2004, 6:54 p.m. EST – MetLife Inc., New York, has been aggressive about courting annuity buyers.[@@]
J. Jeffrey Hopson, a life and health stock analyst at A.G. Edwards & Sons Inc., St. Louis, reaches that conclusion in an A.G. Edwards research report on financial services companies’ latest round of earnings.
MetLife is such a big, diverse company that its results almost always reflect strong performance in some areas and weaker results in others, Hopson writes.
“On the positive side, stable investment spreads (and bullish comments regarding the future of such), improved credit trends, annuity growth and an improved capital position were positive themes that we appreciated,” Hopson writes.