-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MzBxQg2yQT8ylS7SdPjIsEKR8cpP1Ir3/ZaD0MgByBI3dNkvy3vhsyKIW2bm2/tk E3hD9R1Bi+QFp6AVqIsWlA== 0000950123-02-009067.txt : 20020920 0000950123-02-009067.hdr.sgml : 20020920 20020920165829 ACCESSION NUMBER: 0000950123-02-009067 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020919 ITEM INFORMATION: Other events FILED AS OF DATE: 20020920 FILER: COMPANY DATA: COMPANY CONFORMED NAME: METLIFE INC CENTRAL INDEX KEY: 0001099219 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 134075851 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15787 FILM NUMBER: 02769223 BUSINESS ADDRESS: STREET 1: ONE MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010-3690 BUSINESS PHONE: 2125782211 MAIL ADDRESS: STREET 1: ONE MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010-3690 8-K 1 y64078e8vk.txt METLIFE INC. - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: September 19, 2002 --------------------------------- (Date of earliest event reported) MetLife, Inc. ------------- (Exact name of registrant as specified in its charter) Delaware 1-15787 13-4075851 - ---------------------------- ---------------- ------------------- (State or other jurisdiction (Commission File (I.R.S. Employer of incorporation) Number) Identification No.) One Madison Avenue, New York, New York 10010-3690 ------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 578-2211 -------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Item 5. Other Events and Regulation FD Disclosure On September 19, 2002, Fitch Ratings lowered its insurer financial strength and debt ratings of MetLife, Inc. and certain affiliated companies and assigned debt ratings to two affiliated companies. Fitch Ratings said that the changes in ratings were a result of its comprehensive industry review of all North American life insurance groups in light of its belief that recent adverse performance within the investment markets required an accelerated recognition of certain industry trends that have been negatively impacting life insurers. MetLife represents one of 35 life insurance groups, making up approximately 42% of Fitch's ratings universe, that had ratings lowered as a result of the review. Fitch Ratings reported that MetLife's Rating Outlook is Stable. Fitch Ratings reaffirmed MetLife Funding, Inc.'s Commercial Paper and Short-Term Issuer ratings of "F1+", and GenAmerica Capital I's Guaranteed Preferred Capital Securities rating of "A-" with a Stable outlook. The following insurer financial strength and debt ratings changes and assignments were made by Fitch Ratings. Metropolitan Life Insurance Company --Lowered to "AA" from "AA+"; Outlook: Stable New England Life Insurance Company --Lowered to "AA" from "AA+"; Outlook: Stable General American Life Insurance Company --Lowered to "AA" from "AA+"; Outlook: Stable Paragon Life Insurance Company --Lowered to "AA" from "AA+"; Outlook: Stable Security Equity Life Insurance Company --Lowered to "AA" from "AA+"; Outlook: Stable MetLife Investors USA Insurance Company --Lowered to "AA" from "AA+"; Outlook: Stable MetLife Investors Insurance Company --Lowered to "AA" from "AA+"; Outlook: Stable MetLife, Inc. --Long-term issuer -- Lowered to "A" from "AA-"; Outlook: Stable --5.25% Notes Due 12/1/06 -- Lowered to "A" from "AA-"; Outlook: Stable --6.125% Notes Due 12/1/11 -- Lowered to "A" from "AA-"; Outlook: Stable --Commercial paper -- Lowered to "F1" from "F1+" --Short-term Issuer -- Lowered to "F1" from "F1+" MetLife Capital Trust I -- 8% Equity Security Units -- Assign "A-"; Outlook: Stable Metropolitan Life Insurance Company --Surplus notes -- Lowered to "A+" from "AA-"; Outlook: Stable (includes surplus notes issued by New England Mutual Life Insurance Company and assumed by Metropolitan Life Insurance Company) GenAmerica Capital I --Long-term Issuer -- Assign "A-"; Outlook: Stable SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. METLIFE, INC. By: /s/ Gwenn L. Carr ------------------------------------- Name: Gwenn L. Carr Title: Vice-President and Secretary Date: September 20, 2002 -----END PRIVACY-ENHANCED MESSAGE-----