Non-Current Assets

Reinsurance recoverables

MetLife Reinsurance recoverables increased by 4.9% to $3.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $2.91B to $3.05B. Over 5 years (FY 2020 to FY 2025), Reinsurance recoverables shows an upward trend with a 3.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase indicates higher reliance on reinsurance for risk mitigation, while a decrease may reflect lower ceded risk or successful collection.

Detailed definition

This represents the portion of insurance claims that the company expects to recover from its reinsurers. It reflects the...

Peer comparison

Larger global insurers typically carry higher recoverables due to extensive use of reinsurance treaties.

Metric ID: ins_reinsurance_recoverables

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.88B$2.91B$3.12B$3.15B$3.01B$2.87B$2.45B$2.63B$2.59B$2.52B$2.59B$2.91B$2.76B$2.76B$2.79B$2.91B$3.02B$2.97B$2.91B$3.05B
QoQ Change+0.9%+7.3%+1.0%-4.4%-4.8%-14.5%+7.3%-1.6%-2.6%+2.7%+12.4%-5.2%-0.2%+1.2%+4.1%+4.0%-1.6%-2.3%+4.9%
YoY Change+4.5%-1.5%-21.4%-16.5%-14.0%-12.0%+5.7%+10.7%+6.6%+9.3%+7.6%-0.3%+9.4%+7.9%+4.2%+4.9%
Range$2.45B$3.15B
CAGR+1.2%
Avg YoY Growth+0.3%
Median YoY Growth+4.7%

Frequently Asked Questions

What is MetLife's reinsurance recoverables?
MetLife (MET) reported reinsurance recoverables of $3.05B in Q1 2026.
How has MetLife's reinsurance recoverables changed year-over-year?
MetLife's reinsurance recoverables increased by 4.9% year-over-year, from $2.91B to $3.05B.
What is the long-term trend for MetLife's reinsurance recoverables?
Over 5 years (2020 to 2025), MetLife's reinsurance recoverables has grown at a 3.8% compound annual growth rate (CAGR), from $2.42B to $2.91B.
What does reinsurance recoverables mean?
The amount of money the insurance company expects to collect from reinsurers for claims that have already been paid or reserved.