What happened to Met Life Insurance?

Written by Editorial Team | Last Updated: August 2026

MetLife Inc. underwent a sweeping multi-year strategic transformation to simplify its business model, reduce balance sheet risk, and enhance long-term shareholder value. A pivotal moment in this evolution involved spinning off its volatile U.S. retail life insurance and annuity business into an independent publicly traded company named Brighthouse Financial. Following this separation, MetLife refocused its capital and operational priorities on expanding its market leadership in group benefits, global employee retention programs, retirement services, and institutional asset management while maintaining a diversified international insurance footprint.

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Encountering difficulties accessing your online MetLife insurance or retirement account can be resolved quickly by utilizing the platform's built-in self-service account recovery tools.