MetLife Inc. faces renewed investor scrutiny regarding legacy policy liabilities following a court-approved settlement in Ontario, Canada. The Ontario Superior Court of Justice approved a national class action settlement valued at $213.5 million involving approximately 70,000 current and former policyholders whose life insurance policies were originally sold by MetLife agents. The legal proceedings center on historical contracts rather than new product launches or underwriting changes. The case involves policies that were later administered by Sun Life after its acquisition of Clarica Life Insurance Co., with MetLife having provided an indemnity covering these specific legacy obligations to the insurer. MetLife is scheduled to release its third-quarter 2026 financial results after the U.S. market closes on Wednesday, November 4. The company will hold its earnings conference call on Thursday, November 5, from 9:00 to 10:00 a.m. Eastern time, where management is expected to discuss insurance trends and the financial implications of these legacy policy matters. The stock traded at 89.62 euros as of October 31, 2026. Investors are closely watching how the company manages this historical liability alongside its upcoming quarterly performance update, which will serve as a key checkpoint for the insurer's operating health.