C-FIRE Deputy Director R.J. Lehmann talks with equity analyst Randy Binner about MetLife’s failing grade in the Federal Reserve Board’s recent stress tests, and why the Fed apparently doesn’t understand insurance.
Among the 19 largest bank holding companies, MetLife holds three important distinctions: It’s the only insurance company, the only non-TARP recipient and the only one to fail the Fed’s stress tests.
Fraternal societies have been around since the days of Alexis de Tocqueville. In the FIRE Podcast, American Fraternal Alliance CEO Joseph Annotti discusses their role in the insurance marketplace.
MetLife’s announcement that it has been ordered by the Federal Reserve not to increase its shareholder dividend until it completes the 2012 round of stress tests could be a harbinger of things to come, should other insurers be designated “systemically important financial institutions.”
