Products & Services · Effect of changes in discount rate assumptions

Fixed Annuity — Effect of changes in discount rate assumptions

MetLife Fixed Annuity — Effect of changes in discount rate assumptions increased by 37.0% to $941.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 101.1%, from $468.00M to $941.00M. Over 3 years (FY 2022 to FY 2025), Fixed Annuity — Effect of changes in discount rate assumptions shows a downward trend with a -10.7% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026

How to read this metric

A decrease in the discount rate typically increases the liability value, potentially impacting earnings negatively.

Detailed definition

This represents the change in the present value of future policy benefit liabilities resulting from updates to the disco...

Peer comparison

Highly comparable to other insurers reporting under LDTI or similar long-duration accounting frameworks.

Metric ID: met_segment_fixed_annuity_effect_of_changes_in_discount_rate_assumptions

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$658.00M$609.00M$916.00M$394.00M$1.03B$976.00M$706.00M-$59.00M$391.00M$285.00M-$28.00M$1.13B$536.00M$468.00M$397.00M$545.00M$687.00M$941.00M
QoQ Change-7.4%+50.4%-57.0%+160.4%-4.9%-27.7%-108.4%+762.7%-27.1%-109.8%>999%-52.4%-12.7%-15.2%+37.3%+26.1%+37.0%
YoY Change+55.9%+60.3%-22.9%-115.0%-61.9%-70.8%-104.0%>999%+37.1%+64.2%>999%-51.6%+28.2%+101.1%
Range-$59.00M$1.13B
CAGR+8.8%
Avg YoY Growth+246.2%
Median YoY Growth+32.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is MetLife's fixed annuity — effect of changes in discount rate assumptions?
MetLife (MET) reported fixed annuity — effect of changes in discount rate assumptions of $941.00M in Q1 2026.
How has MetLife's fixed annuity — effect of changes in discount rate assumptions changed year-over-year?
MetLife's fixed annuity — effect of changes in discount rate assumptions increased by 101.1% year-over-year, from $468.00M to $941.00M.
What is the long-term trend for MetLife's fixed annuity — effect of changes in discount rate assumptions?
Over 3 years (2022 to 2025), MetLife's fixed annuity — effect of changes in discount rate assumptions has grown at a -10.7% compound annual growth rate (CAGR), from $2.95B to $2.10B.
What does fixed annuity — effect of changes in discount rate assumptions mean?
The impact on reserve values caused by changing the interest rate used to discount future payments.