(Bloomberg) -- MetLife Inc. Chief Executive Officer Steven Kandarian, who last month announced the insurer’s first stock buyback since 2008, said it’s hard to commit to additional repurchases as he awaits clarity on U.S. capital oversight.
“We were cautious and remain cautious in terms of the capital management because of the uncertainty,” Kandarian told analysts today. “Returning capital to shareholders is a high priority for us. We have to do that consistent with a regulatory environment in which we find ourselves, and as we learn more about that we’ll have more to say.”
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access