MetLife Hit By SEC Market Timing Scrutiny
NU Online News Service, March 8, 3:14 p.m. EST
The insurer, which offers auto and home insurance as well as life coverage among its products, said the SEC scrutiny involves a limited number of privately placed variable insurance contracts sold through its General American Life Insurance Company, St. Louis unit.
On an earnings basis, property-casualty lines represent seven percent of MetLife's business.
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