MetLife profit more than doubles on growth in fees, premiums

2022.05.05 00:00

FILE PHOTO: Signage is seen on the MetLife Inc building in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly

(Reuters) – U.S. insurer MetLife Inc (NYSE:MET) on Wednesday reported a first-quarter profit that more than doubled, helped by growth in premiums and fees.

Net income was $606 million, or 73 cents per share, for the three months ended March 31, compared with $290 million, or 33 cents per share, a year earlier.

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