by John Darer® CLU ChFC CSSC RSP
Structured settlement annuities are issued by some of the largest publicly traded companies in the United States and Canada. One of these, Metropolitan Life Insurance Company, is the largest life insurer in the United States in terms of assets. MetLife Inc. is ranked #9 on the 2012 Barrons 500 and #34 on the Fortune 500. The Barrons ranking is notable because MetLife jumped from #124 in 2011.
In addition to many other leading insurance products, MetLife Inc. subsidiary Metropolitan Life Insurance Company, issues structured settlement annuities that are used as "qualified funding assets" in the settlement of personal injury and wrongful death cases, structured judgment annuities used to fund New York CPLR 50A and 50B structured judgments , a special post-settlement annuity and other life insurance and annuity products such as the deferred income annuity ("DIA") .
MetLife Inc. subsidiary MetLife Insurance Company of Connecticut issues* a Periodic Payment Assumption Reinsurance contract that is useful in policy buyouts, taxable damages cases where the paying party is an insurer and the parties desire one or more A+ A.M. Best rated periodic payment obligors and other applications.
Contact 4structures.com, LLC for a MetLIfe structured settlement quote today 888-325-8640/ 203-325-8640 Local or International.
MetLife no longer offers Periodic Payment Assumption Reinsurance. Other companies such as National Indemnity, a subsidiary of Berkshire Hathaway have stepped into the void.