Non-Current Liabilities

Insurance Liabilities and Annuity Benefits

MetLife Insurance Liabilities and Annuity Benefits increased by 2.3% to $204.23B in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $199.72B to $204.23B. Over 2 years (FY 2020 to FY 2022), Insurance Liabilities and Annuity Benefits shows relatively stable performance with a -0.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025

How to read this metric

An increase reflects growth in the insurance book or changes in actuarial assumptions, while a decrease may indicate policy maturity or reduced risk exposure.

Detailed definition

This represents the actuarially determined obligations for future policy benefits, claims, and annuity payments owed to...

Peer comparison

Highly specific to insurance and financial services firms; peer comparison requires adjustment for underwriting risk profiles.

Metric ID: ins_insurance_and_annuity_liabilities

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22
Value$199.38B$197.09B$199.72B$195.79B$193.47B$199.67B$204.23B
QoQ Change-1.1%+1.3%-2.0%-1.2%+3.2%+2.3%
YoY Change-3.0%+1.3%+2.3%
Range$193.47B$204.23B
CAGR+1.6%
Avg YoY Growth+0.2%
Median YoY Growth+1.3%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Fixed & Immediate Annuities$64.68B$67.80B$66.62B$68.43B$68.48B$69.08B$79.84B$78.98B
Accident & health insurance$26.34B$30.22B$26.57B$27.22B$27.14B$25.57B$23.15B$21.66B
Long-term Care$19.81B$21.42B$20.01B$20.16B$20.22B$20.89B$20.77B$20.40B
Whole and Term Life & Endowments$15.27B$17.14B$15.19B$15.67B$16.09B$15.48B$14.05B$13.06B
Fixed Annuity$9.02B$10.91B$9.60B$10.39B$10.96B$11.11B$12.34B$12.45B
Total

Frequently Asked Questions

What is MetLife's insurance liabilities and annuity benefits?
MetLife (MET) reported insurance liabilities and annuity benefits of $204.23B in Q4 2022.
How has MetLife's insurance liabilities and annuity benefits changed year-over-year?
MetLife's insurance liabilities and annuity benefits increased by 2.3% year-over-year, from $199.72B to $204.23B.
What is the long-term trend for MetLife's insurance liabilities and annuity benefits?
Over 2 years (2020 to 2022), MetLife's insurance liabilities and annuity benefits has grown at a -0.6% compound annual growth rate (CAGR), from $206.66B to $204.23B.
What does insurance liabilities and annuity benefits mean?
The total estimated amount the company owes to insurance and annuity policyholders.