MetLife said on Tuesday, July 1, 2025, that it had announced an agreement with Chariot Reinsurance, Ltd. to reinsure approximately $10 billion of structured settlement annuity contracts and group annuity contracts associated with pension risk transfers.

8-KRegulation FD DisclosureFiled Jul 1, 2025Period of report Jul 1, 2025Summary published (UTC) Oct 14, 2026

Key points

AI summary

MetLife said on Tuesday, July 1, 2025, that it had announced an agreement with Chariot Reinsurance, Ltd. to reinsure approximately $10 billion of structured settlement annuity contracts and group annuity contracts associated with pension risk transfers.
MetLife said the initial reinsurance transaction of Chariot Re had been completed with a MetLife subsidiary. Chariot Re reinsures approximately $10 billion of liabilities, including structured settlement annuity contracts and group annuity contracts associated with pension risk transfers issued by MetLife.
MetLife said Chariot Re is an independent Bermuda-based Class E life and annuity reinsurance company, co-sponsored by MetLife and General Atlantic with backing from lead investor Chubb and other investors. MetLife Investment Management and General Atlantic serve as its exclusive external asset managers.
The company said its partnership with Chariot Re supports growth in its diversified retirement platform and asset management business, two key priorities of its New Frontier strategy. It also said its commitment to policyholders will remain unchanged after the transaction and that it will continue to be responsible for all customer-related functions.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

MetLife Reinsures About $10 billion Through Chariot Re

MetLife said on Tuesday, July 1, 2025, that it had announced an agreement with Chariot Reinsurance, Ltd. to reinsure approximately $10 billion of structured settlement annuity contracts and group annuity contracts associated with pension risk transfers.

Source · Based on the filing body and exhibits

Chariot Re Completes Initial Reinsurance Transaction

MetLife said the initial reinsurance transaction of Chariot Re had been completed with a MetLife subsidiary. Chariot Re reinsures approximately $10 billion of liabilities, including structured settlement annuity contracts and group annuity contracts associated with pension risk transfers issued by MetLife.

Source · Based on the filing body and exhibits

Chariot Re Co-Sponsorship Structure and Asset Management Roles

MetLife said Chariot Re is an independent Bermuda-based Class E life and annuity reinsurance company, co-sponsored by MetLife and General Atlantic with backing from lead investor Chubb and other investors. MetLife Investment Management and General Atlantic serve as its exclusive external asset managers.

Source · Based on the filing body and exhibits

MetLife's Strategic Rationale and Continued Customer Responsibility

The company said its partnership with Chariot Re supports growth in its diversified retirement platform and asset management business, two key priorities of its New Frontier strategy. It also said its commitment to policyholders will remain unchanged after the transaction and that it will continue to be responsible for all customer-related functions.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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