Exhibit 99.1

Contacts:         For media:        John Calagna
                                    212-578-6252
                                    jcalagna@metlife.com

                  For investors:    Kevin Helmintoller
                                    212-578-5140
                                    helmintoller@metlife.com



                    METLIFE ANNOUNCES ORGANIZATIONAL CHANGES

NEW YORK, June 26, 2002 -- MetLife, Inc. (NYSE: MET) today announced that as the
result of the annual leadership review process encompassing the MetLife
enterprise, the company has made some moves and added new responsibilities at
the senior management level.

"I am convinced that broadening the experience of our associates throughout
their careers will create stronger leadership for the future," said MetLife
chairman and chief executive officer Robert H. Benmosche. "I believe that
through these changes we can add new perspective and expertise throughout the
organization that will drive new levels of innovation, while at the same time
focusing on making customer service our number one business priority."

In total, MetLife has made 26 changes in job moves or expansions at the senior
level this year, on top of 63 over the last two years, affecting the top 300
executives in the company. The following are senior level position changes,
effective July 1:

     As part of MetLife's ongoing efforts to bring together all administrative
     functions, Ethics and Compliance, under senior vice president Lou Ragusa,
     will report to Lisa Weber, MetLife's senior executive vice president and
     chief administrative officer. In addition to Ethics and Compliance, Lou
     Ragusa will take on new responsibility for Facilities and Services.

     Vice president Mike Zarcone will assume responsibility for Government and
     Industry Relations with the retirement of Vince Reusing, effective
     September 1.

     Senior vice president Chris Cawley will be responsible for the Customer
     Response Center (which receives in excess of 34 million calls per year),
     Remittance Processing and Reengineering, focusing on customer service
     delivery for the entire MetLife enterprise.

     Senior vice president Bill Mullaney moves from Institutional Business to
     MetLife Auto and Home, heading Claims and Corporate Business Solutions.




     In Individual Business, Mike Farrell will become chief executive officer of
     MetLife Investors Group, the company's annuity and life distribution
     channel through banks, broker-dealers and wire houses. MetLife Investors
     was created through combining Security First Group, which MetLife acquired
     in 1997 and with COVA, which MetLife acquired through the 2000 acquisition
     of GenAmerica Financial. Mike Farrell brings over 25 years of broad
     industry experience to his new role, and since joining MetLife in early
     2001, has led the MetLife Resources distribution channel through a period
     of positive growth and change. MetLife Resources sells annuities in the
     not-for-profit, educational and health care markets. Former co-CEOs Greg
     Brakovich and Jamie Shepherdson have left MetLife Investors Group.

     Senior vice president Vince Vitiello continues his responsibility as a zone
     vice president for the reorganized North Atlantic Zone and takes on
     responsibility for enterprise wide multicultural marketing efforts.

     Senior vice president Eugene Marks moves from Institutional Business to
     Individual Business and assumes responsibility as zone vice president for
     the newly established South Atlantic Zone.

     Nathan and Lewis president Jay Lewis will continue his responsibility for
     all Broker/Dealer operations and assume responsibility for all
     non-proprietary protection products for Individual Business.

MetLife, Inc., through its subsidiaries and affiliates, is a leading provider of
insurance and other financial services to individual and institutional
customers. The MetLife companies serve approximately 10 million individual
households in the U.S. and companies and institutions with 33 million employees
and members. It also has international insurance operations in 13 countries.

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