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.
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.
This represents the total cash outflows paid to policyholders or beneficiaries under fixed annuity contracts during the...
Standard across life insurance peers as 'benefits paid' or 'claims incurred' for annuity segments.
met_segment_fixed_annuity_benefit_payments| 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 | -$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% |