MetLife Fixed Annuity — Effect of foreign currency translation decreased by 158.4% to -$407.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 201.8%, from $400.00M to -$407.00M. Over 3 years (FY 2021 to FY 2025), Fixed Annuity — Effect of foreign currency translation shows an upward trend with a -6.6% CAGR.
Positive values indicate a weakening of the reporting currency against the currency of the liability, increasing the reported reserve burden.
This captures the impact of fluctuations in foreign exchange rates on the valuation of future policy benefit liabilities...
Standard for multinational insurers with significant non-domestic operations.
met_segment_fixed_annuity_effect_of_foreign_currency_translation| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$315.75M | -$315.75M | -$315.75M | $555.00M | -$1.22B | -$158.00M | $871.00M | $649.00M | -$111.00M | -$941.00M | -$976.00M | $285.00M | $433.00M | -$946.00M | $400.00M | $221.00M | -$288.00M | $697.00M | -$407.00M |
| QoQ Change | — | +0.0% | +0.0% | +275.8% | -319.5% | +87.0% | +651.3% | -25.5% | -117.1% | -747.7% | -3.7% | +129.2% | +51.9% | -318.5% | +142.3% | -44.8% | -230.3% | +342.0% | -158.4% |
| YoY Change | — | — | — | — | -285.7% | +50.0% | +375.9% | +16.9% | +90.9% | -495.6% | -250.4% | +356.8% | +146.0% | — | +141.0% | -22.5% | -166.5% | +173.7% | -201.8% |