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Published on 8/27/2018 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch affirms MetLife

Fitch Ratings said it affirmed all existing ratings assigned to MetLife, Inc. and its subsidiaries, including the A issuer default rating assigned to MetLife.

The outlook is stable.

The agency said the affirmation of MetLife's ratings reflects the company's very strong business profile, supported by very strong market positions in several major insurance product lines and markets in the United States and select international markets, as well as Fitch's view that the company's strong balance sheet fundamentals and excellent financial flexibility remain consistent with rating expectations.

Fitch said it believes that the company's large scale and very strong brand name will continue to provide the company with significant competitive advantages.


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