MetLife gets risk tag from U.S. panel, weighs legal options

December 18, 2014 by Zachary Tracer, Ian Katz

(Bloomberg) — MetLife Inc., the biggest U.S. life insurer by assets, was labeled a systemically important financial institution (SIFI) by a council of regulators and said it will consider whether to sue the government over the decision.

The Financial Stability Oversight Council (FSOC) voted to designate New York-based MetLife a SIFI, the insurer said today in a statement. The ruling subjects MetLife to stricter Federal Reserve oversight that could include tougher capital, leverage and liquidity requirements. Click here to read…

Originally Posted at LifeHealthPro on December 18, 2014 by Zachary Tracer, Ian Katz.