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CSC to Manage Closed Block Retail Life and Annuities for MetLife

TYSONS, Va.--(BUSINESS WIRE)--CSC (NYSE: CSC) today announced it has signed a definitive agreement to administer nearly seven million policies for MetLife, comprised of select retail life and annuity closed block business. The closed block is defined as policies MetLife no longer sells. This agreement enables MetLife to streamline customer service for these policies, and significantly expands CSC’s industry-leading1 business process services (BPS) operations for insurance.