Previous close | 0.6500 |
Open | 0.6500 |
Bid | 0.7000 |
Ask | 0.9000 |
Strike | 60.00 |
Expiry date | 2024-10-18 |
Day's range | 0.6500 - 0.6500 |
Contract range | N/A |
Volume | |
Open interest | 37 |
MetLife's (MET) unit, Metropolitan Tower Life, is set to take over around $2.5 billion in defined benefit pension obligations from 3M, ensuring continued monthly payments to nearly 23,000 retirees.
MetLife, American International, Prudential Financial, The Hartford Financial and Old Republic International have been highlighted in this Industry Outlook article.
Better pricing, product redesigns, technological advancement, high inflation and interest rate rise are expected to aid multiline insurers like MET, AIG, PRU, HIG and ORI.