MetLife Completes $10 Billion Variable Annuity Risk Transfer to Talcott
MetLife has completed a $10 billion variable annuity risk transfer with Talcott Resolution Life Insurance Company. This transaction aims to reduce portfolio risk and expedite the run-off of MetLife’s legacy business blocks. MetLife Investment Management will manage around $6 billion in assets for Talcott. The deal is expected to result in a $100 million annual adjusted earnings loss, partially offset by $45 million in hedge cost savings.
MetLife has completed a $10 billion variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company, a subsidiary of Talcott Financial Group. The transaction is expected to reduce portfolio risk and accelerate the run-off of MetLife’s legacy blocks of business. MetLife Investment Management will oversee approximately $6 billion of assets under investment management agreements with Talcott. The transaction is projected to result in an expected foregone annual adjusted earnings total of about $100 million, partially offset by annual hedge cost savings of approximately $45 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metlife Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001099219-25-000234), on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
