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.
A decrease in the discount rate typically increases the liability value, potentially impacting earnings negatively.
This represents the change in the present value of future policy benefit liabilities resulting from updates to the disco...
Highly comparable to other insurers reporting under LDTI or similar long-duration accounting frameworks.
met_segment_fixed_annuity_effect_of_changes_in_discount_rate_assumptions| 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 | $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% |