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MetLife may spin off retail life and annuity unit

It cites burden of additional capital requirements after it was designated too big to fail by regulators after the financial crisis

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The giant insurer MetLife said on Tuesday that it was exploring spinning off its retail life and annuity business in the United States because of financial pressures it is facing under regulations put in place in the wake of the financial crisis.

New York

THE giant insurer MetLife said on Tuesday that it was exploring spinning off its retail life and annuity business in the United States because of financial pressures it is facing under regulations put in place in the wake of the financial crisis.

The decision was made two