Products & Services · Benefit payments

Fixed Annuity — Benefit payments

MetLife Fixed Annuity — Benefit payments decreased by 9.2% to -$238.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.6%, from -$188.00M to -$238.00M. Over 4 years (FY 2021 to FY 2025), Fixed Annuity — Benefit payments shows relatively stable performance with a 2.1% CAGR.

Analysis

StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase may indicate a maturing book of business or higher claim activity, while a decrease may reflect a younger portfolio or lower payout requirements.

Detailed definition

This represents the total cash outflows paid to policyholders or beneficiaries under fixed annuity contracts during the...

Peer comparison

Standard across life insurance peers as 'benefits paid' or 'claims incurred' for annuity segments.

Metric ID: met_segment_fixed_annuity_benefit_payments

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-$187.25M-$187.25M-$187.25M-$147.00M-$144.00M-$131.00M-$138.00M-$162.00M-$174.00M-$168.00M-$167.00M-$165.00M-$174.00M-$180.00M-$182.00M-$188.00M-$201.00M-$206.00M-$218.00M-$238.00M
QoQ Change+0.0%+0.0%+21.5%+2.0%+9.0%-5.3%-17.4%-7.4%+3.4%+0.6%+1.2%-5.5%-3.4%-1.1%-3.3%-6.9%-2.5%-5.8%-9.2%
YoY Change+23.1%+30.0%+26.3%-10.2%-20.8%-28.2%-21.0%-1.9%+0.0%-7.1%-9.0%-13.9%-15.5%-14.4%-19.8%-26.6%
Range-$238.00M-$131.00M
CAGR+5.2%
Avg YoY Growth-6.8%
Median YoY Growth-12.1%
Current Streak8 quarters decline

Frequently Asked Questions

What is MetLife's fixed annuity — benefit payments?
MetLife (MET) reported fixed annuity — benefit payments of -$238.00M in Q1 2026.
How has MetLife's fixed annuity — benefit payments changed year-over-year?
MetLife's fixed annuity — benefit payments decreased by 26.6% year-over-year, from -$188.00M to -$238.00M.
What is the long-term trend for MetLife's fixed annuity — benefit payments?
Over 4 years (2021 to 2025), MetLife's fixed annuity — benefit payments has grown at a 2.1% compound annual growth rate (CAGR), from -$749.00M to -$813.00M.
What does fixed annuity — benefit payments mean?
The total amount of money paid out to annuity customers during the period.