News

MetLife, Inc. (NYSE: MET) announced today that it has declared first quarter 2010 dividends of $0.2500000 per share on the company’s floating rate non-cumulative preferred stock, Series A (NYSE: METPrA), and $0.4062500 per share on the company’s 6.50% non-cumulative preferred stock, Series B (NYSE: METPrB), subject to the final confirmation that it has met the financial tests specified in the Series A and Series B preferred stock, which the company anticipates will be made on or about March 5, 2010, the earliest date permitted in accordance with the terms of the securities. Both dividends will be payable March 15, 2010 to shareholders of record as of February 28, 2010.

The American Customer Satisfaction Index says its quarterly survey found life insurers scored 79 on its satisfaction scale in 2009, up 1 point over its 2008 score but lagging p&c companies, which averaged a score of 80 in 2009. On the left side, Northwestern Mutual Life Insurance improved 3 points to 81; New York Life Insurance jumped 3 points to 80; MetLife dropped 1 point to 77, and Prudential Financial dropped 2 points to 77. All other life insurers rose an average 1 point to 80.