Aug 6 (Reuters) - MetLife ( MET ) posted a 16% fall in

second-quarter adjusted profit on Wednesday, as weaker premiums

offset gains from higher investment income.

Adjusted premiums, fees and other revenues declined 6% in

the quarter to $12.72 billion, weighed down by less favorable

underwriting margins in life and non-medical health products.

Meanwhile, the company's net investment income rose 9% to

$5.7 billion in the quarter.

Shares of the company, which have shed nearly 7% in 2025,

were down 4.8% in extended trading.

Risk-averse insurers typically hold bond-heavy investment

portfolios, which offer better yields in a volatile and

uncertain market environment.

Founded in 1868, MetLife ( MET ) is one of the largest U.S. life

insurers, offering a range of insurance, annuities, and employee

benefit programs across more than 40 markets.

Adjusted earnings available to common shareholders fell to

$1.36 billion, or $2.02 per share, in the three months ended

June 30. That compares with $1.63 billion, or $2.28 per share, a

year earlier, on a constant currency basis.