Torts & Settlements

For over 30 years, MetLife has offered innovative strategies for complex litigation settlements through Metropolitan Life Insurance Company (MLIC). We are pleased to now offer these same products and services through another MetLife affiliate, Metropolitan Tower Life Insurance Company (Met Tower Life). We will continue to provide integrated, comprehensive solutions and implementation programs to help structure settlements that are mutually beneficial to defendants and plaintiffs. We have assembled a highly-skilled team of professionals, who will support both MLIC and Met Tower Life, to leverage our financial strength, experience and reputation.

Structured Settlements

Mass Torts

For 30 years, MLIC has provided financial security through structured settlement annuities for the claimants of personal injury settlements. Our structured settlement annuities are offered exclusively through structured settlements specialty brokers who look to MetLife for our expertise and ability to structure exactly the right settlement for the situation. (Beginning May 15, 2017, our brokers will have the option of obtaining the same financial security for their clients through structured settlement annuities issued by Met Tower Life. We are looking to the addition of Met Tower Life to our structured settlement business to increase flexibility with respect to product innovation and flexibility. Structured settlement annuities issued by Met Tower Life will be administered in the same manner by the same team that has managed the MLIC structured business over the past 30 years.)

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For Brokers

For Attorneys
1 MLIC as of 12/31/2016 – total assets of $396.4 billion and total liabilities of $385.2 billion. Total assets include general account and separate account assets, and are reported on a statutory basis.

2 As of 12/31/2016. Total capital is comprised of capital & surplus and investment reserves.

3 Annuities issued by Metropolitan Life Insurance Company and Metropolitan Tower Life Insurance Company 200 Park Ave., New York, NY 10166

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Source: http://docphy.com/business-industry/personal-finance/insurance/torts-settlements-2.html