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MetLife Declines After Accounting Blunder Tied to Annuities

MetLife Inc., the largest U.S. life insurer, declined in New York trading after saying that a measure of financial strength monitored by regulators was lower than previously reported.

MetLife dropped 1.4 percent to $47.20 at 4:04 p.m., extending its loss for the year to 13 percent. The combined risk-based capital ratio as of Dec. 31 was 398 percent, the New York-based...