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                                                                    EXHIBIT 99.3

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                                               Public Relations
                                               MetLife, Inc.
For Immediate Release                          One MetLife Plaza
                                               27-01 Queens Plaza North
[MetLife Logo]                                 Long Island City, NY 11101
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<Table>
                      
Contacts:   For Media:      John Calagna
                            (212) 578-6252
            For Investors:  Tracey Dedrick
                            (212) 578-5140
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                   FINITE RISK INSURANCE INFORMATION REQUESTS

NEW YORK, May 27, 2005 -- MetLife, Inc. (NYSE: MET) announced that it has
received a subpoena from the Connecticut Attorney General requesting information
regarding its participation in any finite reinsurance transactions. MetLife has
also received information requests relating to finite insurance or reinsurance
from other regulatory and governmental authorities. MetLife believes it has
appropriately accounted for its transactions of this type and intends to
cooperate fully with these information requests. The Company believes that a
number of other industry participants have received similar requests from
various regulatory and governmental authorities. It is reasonably possible that
MetLife or its subsidiaries may receive additional requests. MetLife and any
such subsidiaries will fully cooperate with all such requests.

MetLife, Inc., through its subsidiaries and affiliates, is a leading provider of
insurance and other financial services to individual and institutional
customers. The MetLife companies serve individuals in approximately 13 million
households in the U.S. and provide benefits to 37 million employees and family
members through their plan sponsors. Outside the U.S., the MetLife companies
serve approximately 9 million customers through direct insurance operations in
Argentina, Brazil, Chile, China, Hong Kong, India, Indonesia, Mexico, South
Korea, Taiwan and Uruguay. For more information about MetLife, please visit the
company's Web site at www.metlife.com.

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