Friday, December 19, 2008

 

MetLife Embraces Eased Rules

Thanks to an effort by New York regulators to give life insurers more flexibility in calculating their reserves, MetLife Inc. said earlier this month it expects to reduce by about $1.8 billion, or more than 30%, the amount it must post to show it can deliver on guarantees in minimum-return variable annuities.

MetLife Embraces Eased Rules
Source: Wall Street Journal

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