MetLife Earnings Hurt By FX Headwinds, Underwriting Results In The U.S. |
May 03, 2014 | May 2014 Bond Updates |
Operating earnings from the Americas region were up 3%, but the income from the Asia region dropped 2% on a reported basis due to FX headwinds, despite an 8% increase on a constant currency basis. Earnings were also affected by a $57 million after-tax expense related to the recent settlement with the New York Department of Financial Services. |
View more at: http://www.forbes.com/sites/greatspeculations/2014/05/02/metlife-earnings-hurt-by-fx-headwinds-underwriting-results-in-the-u-s/ |
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