MetLife Investment Management Names Kerry O'Brien Global Head of Insurance Asset Management and Liability Solutions
MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE:MET), today announced that it has appointed Kerry O'Brien as global head of Insurance Asset Management and Liability Solutions. She will be responsible for the execution of investment strategies for the MetLife general account, helping drive growth in MIM's third-party insurance client channel as well as working with teams to drive liability solutions across other client segments.
O'Brien will lead a team with an insurance investing heritage of nearly 150 years and an active role in managing MetLife's $414.1 billion general account as well as assets for third-party insurance clients. She will drive MIM's deep capabilities in customizing investment strategies based on the unique characteristics of insurance companies and deliver insurance advisory services, thought leadership and industry expertise.
O'Brien joins MIM from Insight Investments, where she led a team managing assets for clients across life, property and casualty and health insurance companies, risk pools and captive insurers. She previously held several senior investment roles at AIG, leading an emerging market fixed income and sovereign credit team, overseeing the global portfolio management function for AIG business units across public fixed income markets and leading a team managing high grade, emerging market and crossover assets for AIG Life and Retirement portfolios.
"The deep insurance investing experience and client focus that Kerry brings will strengthen our partnerships with insurance clients and drive forward our offering," said Jude Driscoll, president of MIM. "Kerry will help us build on our leadership position in insurance asset management, enhance our client solutions and broaden our reach across the insurance sector."
MIM is a top 25 institutional investment manager globally by assets under management1 and is a premier originator of private assets. MIM manages more private fixed income assets for third-party insurance general accounts than any other asset manager.2 It is the largest infrastructure debt investment manager based on worldwide assets3 and is the largest real estate investment manager.4
"I am excited to join MIM, a world-class asset manager with a rich and diverse platform and long-established relationships in the insurance industry and private markets," said O'Brien. "MIM is uniquely positioned to understand the needs of insurance clients and I look forward to working with our teams to grow and strengthen our partnerships with insurance companies."
About MetLife Investment Management
MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE:MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MetLife Investment Management provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment and financing solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and, as of September 30, 2024, had $609.3 billion in total assets under management.5
About MetLife
MetLife, Inc. (NYSE:MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit https://www.metlife.com.
Forward-Looking Statements
The forward-looking statements in this news release, using words such as "look forward," "seek," "well-positioned" 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.
Endnotes
1Pensions & Investments Managers Ranked by Total Worldwide Institutional Assets Under Management as of 12/31/23.
2Clearwater Analytics Insurance Investment Outsourcing Report 2024 as of 12/31/23.
3IPE Research as of 12/31/23
4Pensions & Investments as of 6/30/24
5Total assets under management is comprised of all MetLife general account and separate account assets and unaffiliated/third party assets, at estimated fair value, managed by MIM. For more information, see the total assets under management fact sheet for the quarter ended September 30, 2024 available on MetLife's Investor Relations webpage (https://investor.metlife.com).
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