---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-274879"
form_type: "8-K"
ticker: "MET"
cik: "0001099219"
company_name: "METLIFE INC"
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:36:37.272867+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MetLife and General Atlantic form Chariot Re; MetLife to cede ~$10B in annuity reserves

## Summary
- MetLife and General Atlantic each take ~15% equity in new Bermuda reinsurer Chariot Re; initial combined equity >$1B; Chubb as anchor third-party investor.
- MetLife to initially cede ~$10B in statutory reserves from structured settlements and pension risk transfer group annuities.
- MetLife expects ~$1B increase in available capital; transaction targeted to close in H1 2025 subject to regulatory approvals.
- Chariot Re CEO will be Cynthia Smith (30-year MetLife veteran); Board includes MetLife's Toby Srihiran Brown and GA's Graves Tompkins.
- Asset management will be exclusively by MetLife Investment Management and General Atlantic.

## SEC filing metadata
- accession: 0001193125-24-274879
- form_type: 8-K
- ticker: MET
- cik: 0001099219
- company_name: METLIFE INC
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099219/000119312524274879/0001193125-24-274879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099219/000119312524274879/d623106d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-274879
- JSON: https://secwatch.observer/filing/0001193125-24-274879.json
- Plain text: https://secwatch.observer/filing/0001193125-24-274879.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.