Business Segments · Amortization of DAC, VOBA and negative VOBA

Asia — Amortization of DAC, VOBA and negative VOBA

MetLife Asia — Amortization of DAC, VOBA and negative VOBA decreased by 1.4% to -$211.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from -$216.00M to -$211.00M. Over 3 years (FY 2022 to FY 2025), Asia — Amortization of DAC, VOBA and negative VOBA shows a downward trend with a 5.8% CAGR.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Changes reflect the pace of business acquisition and the expected profitability duration of the underlying insurance portfolio.

Detailed definition

This metric tracks the systematic expensing of Deferred Acquisition Costs (DAC) and the Value of Business Acquired (VOBA...

Peer comparison

Standard accounting metric for life insurers, comparable to DAC amortization across the industry.

Metric ID: met_segment_asia_amortization_of_dac_voba_and_negative_voba

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$180.25M-$180.25M-$180.25M-$180.25M-$193.00M-$193.00M-$193.00M-$193.00M-$205.00M-$202.00M-$211.00M-$214.00M-$216.00M-$223.00M-$207.00M-$208.00M-$211.00M
QoQ Change+0.0%+0.0%+0.0%-7.1%+0.0%+0.0%+0.0%-6.2%+1.5%-4.5%-1.4%-0.9%-3.2%+7.2%-0.5%-1.4%
YoY Change-7.1%-7.1%-7.1%-7.1%-6.2%-4.7%-9.3%-10.9%-5.4%-10.4%+1.9%+2.8%+2.3%
Range-$223.00M-$180.25M
CAGR+4.0%
Avg YoY Growth-5.2%
Median YoY Growth-7.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is MetLife's asia — amortization of dac, voba and negative voba?
MetLife (MET) reported asia — amortization of dac, voba and negative voba of -$211.00M in Q1 2026.
How has MetLife's asia — amortization of dac, voba and negative voba changed year-over-year?
MetLife's asia — amortization of dac, voba and negative voba increased by 2.3% year-over-year, from -$216.00M to -$211.00M.
What is the long-term trend for MetLife's asia — amortization of dac, voba and negative voba?
Over 3 years (2022 to 2025), MetLife's asia — amortization of dac, voba and negative voba has grown at a 5.8% compound annual growth rate (CAGR), from -$721.00M to -$854.00M.
What does asia — amortization of dac, voba and negative voba mean?
The periodic expensing of costs related to acquiring new insurance business in Asia.