To: Persons who on September 28, 1999, owned one or more policies issued by Metropolitan Life Insurance Company
In April 2000, Metropolitan Life Insurance Company, commonly known as MetLife, converted from a mutual insurance company to a stock company, a process called “demutualization.” Owners of Met Life policies that were in force on September 28, 1999, were eligible to vote on the demutualization and received compensation in exchange for their interest as members of the mutual company. This compensation was distributed in the form of stock of MetLife, Inc., MetLife’s new holding company, case or policy credits.
