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New York-based MetLife, Inc. (MET), incorporated in 1999, is a global leader in insurance, annuities, and employee benefits, with a market cap of $48.3 billion. Serving millions of customers in over 60 countries, MetLife offers various life, dental, disability, and financial services, maintaining strong returns on equity and a straightforward business model.
Companies worth $10 billion or more are generally described as "large-cap stocks," and MetLife fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the insurance and financial services industry. The company, through its offerings of various insurance products and services, has established a strong foothold in the industry.
