Home & auto casualty is less than 5% of MetLife's future policy benefits.
Sure; they'll take a hit on earnings just like everyone but I see their exposure as minimal when compared to AllState, Berkshire, etc.
They also state:
The Company’s Auto & Home segment purchases reinsurance to manage its exposure to large losses (primarily catastrophe losses) and to protect statutory surplus. The Company cedes to reinsurers a portion of losses and premiums based upon the exposure of the policies subject to reinsurance. To manage exposure to large property and casualty losses, the Company utilizes property catastrophe, casualty and property per risk excess of loss agreements.
I still love's me a $35 MET & I wish it would go to $28 so I could load up!