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NEW YORK (AP) - MetLife Inc., one of the nation's top insurers, said Tuesday that first-quarter profit rose 38 percent compared to a year ago on stronger-than-expected investment income and higher revenue from premiums and fees.
The company also said it had amassed a record $537.8 billion in total assets.
Net income rose to $983 million, or $1.28 per share, from $714 billion, or 93 cents per share, in the year-earlier period.
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