Farmers entities close acquisition of MetLife P&C business
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Farmers entities close acquisition of MetLife P&C business

James Thaler
April 08, 2021
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Farmers logo metlife building.jpg

Zurich-owned Farmers Group and mutual Farmers Exchanges have completed the purchase of MetLife’s P&C in a deal that includes a 10-year distribution agreement to provide personal lines products through MetLife’s US group benefits platform.

The distribution deal will give Farmers access to 3,800 companies and a pool of 37 million eligible employees.

The companies originally announced the $3.94bn

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