NEW YORK - MetLife Inc. reported Tuesday that its after-tax operating earnings were $404 million in the fourth quarter, up 9% from the year-earlier period.

The company, which converted from a mutual insurer in going public last April, attributed the improvement to increased sales of insurance and retirement products. Net income for the quarter was $591 million, up 122%. For the year, after-tax operating earnings rose 18%, to $1.54 billion, and net income was $953 million, up 56%.

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