May 1, 2024, 9:29 PM
May 1, 2024, 8:43 PM
MetLife reports increase in Q1 profit due to higher premiums and investment income
- MetLife's Q1 profit rises on higher premiums and investment income
- Company's net investment income increased to $5.44 billion from $4.65 billion in the previous year
- Higher interest rates have boosted insurers' earnings from fixed-income investments
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