Thursday, 29 June 2017

Commissioner Navarro Approves MetLife-Brighthouse Spinoff

Dover, DE – Delaware Insurance Commissioner Trinidad Navarro today announced his final regulatory approval of MetLife, Inc.'s long announced plans to spin-off its U.S. retail life and annuity insurance businesses into insurance subsidiaries of newly formed Brighthouse Financial, Inc. The Commissioner's approval allows the company to transition 1.3 million life insurance policyholders and 1.5 million […]
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