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MetLife Q1 profit rises on higher premiums, investment income

Adjusted premiums, fees and other revenues - excluding pension risk transfers at the insurance firm - rose 4% for the first quarter from last year to $11.97 billion. A higher-for-longer interest rate environment maintained by the U.S. Federal Reserve has also helped insurers rake in more from fixed-income investments. The company's net investment income was up at $5.44 billion from $4.65 billion in the year-ago period. ....

Arasu Kannagi Basil , Mohammed Safi Shamsi , Pritam Biswas , Prudential Financial , Fixed Income Investments , First Quarter Profit , Adjusted Basis ,