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/
 
Related News
Home| About us | Contact us http://www.bondupdatesdailynews.com/