Latest news with #MetLife
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Korea Herald
an hour ago
- Business
- Korea Herald
[Photo News] MetLife CEO reaffirms Korea focus
MetLife President and CEO Michel Khalaf speaks during a town hall meeting with employees at the insurer's Korean headquarters Thursday in Seoul, marking his third visit to the country. Khalaf reaffirmed the New York-based insurance group's commitment to Korea, calling it a key market and the company's fifth largest. 'We see ourselves playing a pivotal role in helping our customers plan for the future, and we've built a highly professional team to deliver on these ambitions in Korea,' he said. (MetLife Korea)
Yahoo
9 hours ago
- Entertainment
- Yahoo
Shocking number of pet owners would date AI versions of their animals, study reveals
Man's best friend, indeed! As generative AI becomes more commonplace — people are asking the tool to do everything from creating grocery lists to writing love poems — so, too, do the ridiculous social media trends. Most recently, pet owners on TikTok looked to ChatGPT to strangely turn their dogs into humans. Bizarre as the trend is, pet owners' eccentricity doesn't stop there. A recent MetLife survey polled 1,000 individuals on various questions that explored how deeply people's lives are influenced by their pets, and — spoiler alert — some people are very invested in their furry friends. Of the respondents who were familiar with the anthropomorphic trend, 31% admitted that they would date the human version of their pet. Curiously, millennials, Gen Xers, and baby boomers were significantly more likely to do so — with millennials at 34% and the older two generations at 33% — while zoomers were far less favorable, at 24%. Romance wasn't — theoretically — in the air for all pet owners, though. Nearly 40% of animal enthusiasts admitted that their pet would be a 'walking red flag' if they were human. Despite some of their furry friends' naughtier traits, these pet parents are beyond attached to their animals — in many cases, animal experts believe this to be a side effect of quarantine and the COVID-19 pandemic. In fact, an overwhelming 87% of pet owners would be willing to give up their dream apartment if it weren't pet-friendly. Forget dating their pets — some ultra-devoted pet owners are basically married to them. 'The value of pets for their human caregivers appears to be very high, comparable to … meeting with friends and relatives on a regular basis, or even with being married,' wrote the authors of a 2025 study on the subject. Corroborating that sentiment, 77% of pet owners who took part in the survey said that their pet offers better emotional support than their previous human partner. 'Instead of giving my husband, Alex, a kiss, I wake up and give [my dog] all my kisses,' Elsie, 44, a divorce attorney from Jersey City, New Jersey, previously told The Post. 'It's the same before we go to sleep at night.' It's nothing personal. Elsie loves her husband, but as many pet parents maintain, there's just nothing like the affection and loyalty of an animal.
Associated Press
17 hours ago
- Business
- Associated Press
MetLife: Living Our Purpose Through Sustainability
MetLife contributes to a more confident future as an employer, an investor and a provider of financial solutions and expertise. We bring our purpose – Always with you, building a more confident future – to life by creating shared value for our people, our customers, our communities and our shareholders. Over the last five years, we have been focused on meeting the financial commitments we made when we introduced our Next Horizon strategy in 2019. Through disciplined and successful execution, MetLife surpassed each of the goals it set, with our focus on sustainability among the driving forces behind every achievement. MetLife unveiled New Frontier, the next evolution of our corporate strategy, at the end of 2024. Over the next five years under New Frontier, MetLife will leverage its competitive strength and prioritize responsible growth at lower risk. Sustainability will be an important enabler for how MetLife will generate meaningful impact during New Frontier, meet its objectives and make sure its actions continue to have a positive impact for all its stakeholders. Read more about how MetLife is driving long-term value for its stakeholders through its sustainability efforts in our 2024 Sustainability Report. Forward-Looking StatementsThe forward-looking statements in this article, using words such as 'continue,' 'long-term,' and 'will' are based on assumptions and expectations that involve risks and uncertainties, including the 'Risk Factors' MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife's future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements. Visit 3BL Media to see more multimedia and stories from MetLife
Khaleej Times
a day ago
- Business
- Khaleej Times
Why the world's wealth is flowing into the UAE, and what that means for the next generation
One day in her hometown of Mumbai, Nazneen Abbas responded to an ad that simply asked, 'Are you looking for a career?' When she discovered it was for insurance, she nearly walked right back out. But she held on — and joined the personal accident division at Alico - which is now MetLife - and eventually grew to lead the department's direct sales. 'From someone who lacked confidence and had no background in insurance, I found myself heading a unit, managing teams, and later moving into broader financial planning,' she told Khaleej Times in an interview. The came her life's biggest tragedy — the demise of her husband, when she was barely in her 30s. 'After I lost my husband, everything changed. I had come from a well-established family in Bombay. Yet when he passed, there were no clear structures in place. No succession plans, no defined paths for his children. That's when I realised how important it is to plan for the legacy that follows,' she said. That chapter shaped her belief that legacy planning needs to stretch beyond a legal checklist and reflect the lives, values, and aspirations of those it's meant to protect. Ma'an was built on that belief. Ma'an is an intergenerational financial planning platform shaped by expert professional insight and her own personal experiences. With over four decades in financial advisory, Nazneen has worked at the intersection of wealth, legacy, and family dynamics, but it was her own life that gave this work its deeper meaning. Today, the platform serves families from diverse social and economic backgrounds including high networth individuals and businesses spanning across the Gulf. Excerpts from an interview: Many of the UAE's first-generation founders are now in their 70s and 80s. What distinct emotional or operational challenges arise as they begin preparing for the transition of leadership and legacy? The emotional hurdle is often bigger than the legal or operational one. Many first-generation founders who built their businesses from the ground up find it hard to even think about letting go. Their identity is deeply tied to the business, so stepping back can feel like letting a part of themselves go. On the operational front, structural baggage is a common challenge. A lot of these businesses grew organically, without formal structures or governance. That makes it harder to hand over the reins smoothly. Often, there's little clarity around roles, responsibilities, or the long-term vision among the next generation. Add to that the different leadership styles and perspectives between generations, and what's really needed is a mix of emotional mediation and very granular, careful planning. Over 60 per cent of private companies in the UAE are family-owned, according to the Ministry of Economy. Given that, and the rise of single-family offices and new DIFC initiatives, are families now approaching governance and succession planning with more structure? Yes, there's definitely a shift and it is picking up pace. Family offices today are going beyond just managing investments and into broader territory like governance, education, and even resolving family disagreements. There's a growing sentiment that separating ownership from day-to-day management is key to keeping both the business and the family strong for the long haul. We're seeing more families set up formal boards, bring in external advisors, and adopt tools like Family Constitutions and Business Charters to clearly define roles for the next generation. DIFC Foundations are also being used to create clear boundaries between ownership and control. New regulations, such as the DIFC Family Arrangements Regulations, and programs that certify good practices are also helping nudge families toward a more thoughtful and future-ready approach to succession planning. Global families are redomiciling trusts and foundations from traditional hubs like Jersey or Switzerland to the DIFC. Beyond tax advantages, what makes the UAE - and Dubai in particular - feel like a jurisdiction of 'emotional safety' for them? For many global families, it's where East meets West - a place where cultural familiarity, legal certainty, and a high quality of life come together. Families from the Middle East, South Asia, and Africa often feel more culturally at home here than in traditional Western jurisdictions. There's also a strong sense of discretion and privacy, which many families appreciate. Politically, the UAE's neutral stance on global matters and its progressive legal updates offer peace of mind, especially for those navigating complex cross-border situations. The DIFC's English-language courts, common law structure, and recognition of personal wishes in matters like inheritance provide a sense of legal comfort as well. In essence, Dubai is well put together on a lot of different aspects and all that combines to create a default sense of comfort. The introduction of DIFC Foundations in 2018 marked a turning point for regional wealth structuring. How are global families using these vehicles when their assets and heirs span multiple jurisdictions with often conflicting legal regimes? For many global families, DIFC Foundations are becoming the central hub in their estate planning. They help consolidate control - especially when heirs live in regions governed by Shariah. These foundations can hold everything from international businesses to offshore investments, all under one umbrella. Families can also tailor governance rules and decide how and when beneficiaries receive their share. One of the biggest advantages is continuity - they help avoid lengthy probate processes and prevent the estate from getting fragmented across different legal systems. Some families even pair them with trusts or private funds to add more flexibility. Much of the wealth being transitioned is tied up in illiquid assets like land banks, real estate, or operating businesses. Are you seeing next-gen heirs in the UAE leaning more toward diversified portfolios - tech, venture, or impact-driven investments? The next generation of heirs is definitely thinking differently. Many have studied or lived abroad, so they're more familiar with modern investment strategies and ESG (Environmental, Social, and Governance) principles. There's a deliberate push towards diversification, not just in terms of asset types, but also across regions and long-term goals. Many next-gen leaders want their investments to reflect both purpose and performance. That said, traditional assets like real estate still matter, although families are increasingly looking at ways to restructure or leverage them to unlock liquidity for more flexible, forward-looking investments. The post-2022 influx of UHNWIs from Russia, India, and parts of Africa has reshaped private wealth in the UAE. How has this wave of migration changed the complexity, or even the structure, of estate planning requests you're now seeing? These families often have assets and heirs spread across several countries, each with its own legal and tax rules. So there is a growing niche of multi-layered structures, blending things like DIFC foundations, offshore trusts, holding companies, and even dual wills to make everything work together. So estate planning today goes far beyond just deciding who gets what. We're also seeing more families setting up their first family office here in the UAE, and they're looking for guidance that brings everything together - wealth, values, philanthropy, education, and legacy. There's a bigger need for advisors who not only understand global structures but also speak the language - literally and culturally - of the families they support. How is the region's role in estate and legacy planning changing? Is it becoming a long-term home base rather than just a structuring hub? It's becoming a true long-term home base. Families are increasingly putting down roots by educating their children, hiring trusted advisors, and building legacy plans that stretch across generations. With recent updates to personal status laws, the introduction of corporate tax, and a growing family office ecosystem, Dubai is shaping up to be a place where families can meaningfully live, grow, and plan for the future. Residency reforms, tax advantages, progressive legal tools, world-class infrastructure, a strong lifestyle offering, and global connectivity - the UAE has certainly made the decision for long-term roots much easier for global families in this decade. And the numbers will only grow from here.
Yahoo
2 days ago
- Entertainment
- Yahoo
Watch Zach Bryan Jam With Bruce Springsteen In New Jersey
Zach Bryan tapped New Jersey rock'n'roll godfather Bruce Springsteen for two guest appearances last night (July 20) at MetLife Stadium in East Rutherford, N.J., providing an extra lift to the last of three sold-out shows at the stadium. Bryan brought out Springsteen for a version of the latter's 'Atlantic City,' which they'd previously performed in Philadelphia last summer. The performance also featured Kings of Leon singer Caleb Followill, whose band opened all three MetLife shows. More from Spin: 25 Songs That Still Believe in Peace THE DARK SIDE See Jeremy Allen White As Bruce Springsteen In First Biopic Trailer Springsteen returned to show off his fancy fretwork during the set-closing 'Revival,' a track from Bryan's 2024 album The Great American Bar Scene on which The Boss also guested. Fans greeted the artist with such a loud rendition of the signature 'Bruuuuuuce' chant that some attendees reportedly thought he was actually being booed. 'When I listen to your music, I'm like, 'If you put different production to this, it's a country song,'' Bryan said in a 2024 conversation with Springsteen for Rolling Stone. 'That's why I don't want to be a country musician. I don't want to be a country musician. Everyone calls me it. I want to be a songwriter, and you're quintessentially a songwriter. No one calls Bruce Springsteen a freaking rock musician, which you are one, but you're also an indie musician, you're also a country musician. You're all these things encapsulated in one man. And that's what songwriting is.' Bryan has a handful of major concerts on tap before he plays Sept. 27 at the University of Michigan football stadium in Ann Arbor, Mi. The show, the first ever to be held at the venerable venue, is expected to draw a sellout crowd of 112,000 people. To see our running list of the top 100 greatest rock stars of all time, click here. Solve the daily Crossword
