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MetLife profit rises on smaller derivative losses

Aug 2 (Reuters) - MetLife Inc's quarterly profit surged compared with a year earlier, when the largest U.S. life insurer booked $1.4 billion in net derivative losses.

The company reported a net profit of $838 million, or 77 cents per share, in the second quarter ended June 30, up from $64 million, or 6 cents per share, a year earlier.

Total operating revenue rose 13.1 percent to $17.25 billion. (Reporting by Nikhil Subba in Bengaluru; Editing by Anil D'Silva)