MetLife Issues Multipronged Plan To Find Missing Annuitants
May 3, 2018 by Cyril Tuohy
MetLife has a multipronged plan to improve the way it tracks down missing annuitants, the company said Thursday.
The actions come in the wake of a $510 million charge in the fourth quarter related to a group of 13,500 annuitants going back many years.
“We believe these remediation steps will further strengthen our internal control over financial reporting,” said CFO John McCallion in a conference call with analysts.
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Originally Posted at InsuranceNewsNet on May 3, 2018 by Cyril Tuohy.
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