Description

MetLife’s 21% Asia Earnings Growth Adds Another Powerful International Engine!

MetLife reported its second quarter 2026 results demonstrating broad-based growth across its diversified business segments, supported by the continued execution of its New Frontier strategy. Adjusted earnings increased 15% year-over-year to approximately $1.6 billion or $2.43 per share, with adjusted earnings per share growing 20%. The adjusted return on equity stood at 17%, reaching the top end of its annual 15% to 17% target range and exceeding its cost of capital. Adjusted premiums, fees, and other revenues, excluding pension risk transfers, rose 5% year-over-year, and sales grew by 7%, mainly driven by international operations. The company benefits from two complementary earnings models: capital-light businesses such as Group Benefits, Latin America, EMEA, and Asset Management that generate fee and underwriting income with strong cash flow; and capital-driven businesses such as Retirement and Spread-based operations that leverage origination and investment capabilities. This balance supports resilience across market environments.