MetLife quarterly profit more than doubles on derivative gains
U.S. insurer MetLife Inc on
Wednesday reported third-quarter profit that more than doubled
from a year earlier, largely because derivatives that the U.S
insurer uses for hedging swung to net gains compared to a loss a
year ago.
Wednesday reported third-quarter profit that more than doubled
from a year earlier, largely because derivatives that the U.S
insurer uses for hedging swung to net gains compared to a loss a
year ago.
Posted by Reuters