|Bid||88.30 x 100|
|Ask||115.12 x 100|
|Day's Range||88.31 - 88.93|
|52 Week Range||73.09 - 92.40|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
MetLife (MET), the holding corporation for the Metropolitan Life Insurance Company, saw its revenue fall 9% in 2016 and 5% in 2015. The fall was driven by universal life and investment-type…
Insurance ETFs have rebounded and are rising this week after damage from Irma appears less than feared.
Hurricane Irma wasn't as damaging as everyone feared, but it was still a very fierce storm, and combined with Harvey, it should be enough to turn property insurance rates higher, argues MKM Partners' Harry Fong. Fong writes that all the insurance companies he has Buy ratings on will be able to cover losses from Irma and Harvey, although both storms will of course have an impact of the quarter's earnings.