MetLife and Too Big To Fail
In January, MetLife, the largest insurance company by assets, was deemed as systemically important, or “too big to fail,” by the Financial Stability Oversight Council. In other words, regulators believe MetLife is so big (over $902 billion in assets) and entwined with the financial system that it could threaten the economy if it collapsed similar to what we saw happen with AIG in 2008.
