Separate account liabilities
MetLife Separate account liabilities decreased by 2.8% to $147.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $138.14B to $147.69B. Over 5 years (FY 2020 to FY 2025), Separate account liabilities shows a downward trend with a -5.3% CAGR.
Analysis
How to read this metric
Changes in this balance reflect the market value fluctuations or net inflows/outflows of client-managed assets held in segregated accounts.
Detailed definition
These are liabilities that correspond directly to assets held in separate accounts, typically for insurance or investmen...
Peer comparison
Common in insurance and asset management firms that offer segregated investment products.
ins_separate_account_liabilitiesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $189.95B | $180.95B | $179.87B | $165.06B | $143.83B | $135.77B | $146.04B | $148.42B | $145.95B | $135.62B | $144.63B | $141.00B | $139.71B | $148.81B | $139.50B | $138.14B | $143.18B | $146.34B | $151.93B | $147.69B |
| QoQ Change | — | -4.7% | -0.6% | -8.2% | -12.9% | -5.6% | +7.6% | +1.6% | -1.7% | -7.1% | +6.6% | -2.5% | -0.9% | +6.5% | -6.3% | -1.0% | +3.6% | +2.2% | +3.8% | -2.8% |
| YoY Change | — | — | — | — | -24.3% | -25.0% | -18.8% | -10.1% | +1.5% | -0.1% | -1.0% | -5.0% | -4.3% | +9.7% | -3.5% | -2.0% | +2.5% | -1.7% | +8.9% | +6.9% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Latin America | $38.94B | $44.16B | $38.77B | $41.18B | $43.83B | $45.07B | $48.55B | $46.74B |
| Total | $139.71B | $148.81B | $139.50B | $138.14B | $143.18B | $146.34B | $151.93B | $147.69B |
Asia, Corporate and Other, EMEA, Group Benefits, Retirement and Income Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Separate account liabilities at Other Companies
Frequently Asked Questions
- What is MetLife's separate account liabilities?
- MetLife (MET) reported separate account liabilities of $147.69B in Q1 2026.
- How has MetLife's separate account liabilities changed year-over-year?
- MetLife's separate account liabilities increased by 6.9% year-over-year, from $138.14B to $147.69B.
- What is the long-term trend for MetLife's separate account liabilities?
- Over 5 years (2020 to 2025), MetLife's separate account liabilities has grown at a -5.3% compound annual growth rate (CAGR), from $199.97B to $151.93B.
- What does separate account liabilities mean?
- Liabilities that are exactly matched by specific assets held on behalf of clients.