MetLife Fixed Annuity — Policyholder Account Balance, Surrender and Withdrawal increased by 37.6% to $863.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $816.00M to $863.00M. Over 4 years (FY 2021 to FY 2025), Fixed Annuity — Policyholder Account Balance, Surrender and Withdrawal shows an upward trend with a 2.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
High levels of surrenders may signal poor product performance, competitive interest rates elsewhere, or liquidity stress for the insurer.
The total value of funds removed from fixed annuity accounts by policyholders through voluntary withdrawals or contract...
Often analyzed as a 'Surrender Rate' relative to total account balance across the industry.
met_segment_fixed_annuity_policyholder_account_balance_surrender_and_withdrawal| 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 | $660.00M | $660.00M | $660.00M | -$821.00M | -$1.75B | -$1.61B | $9.69B | -$976.00M | -$1.07B | -$1.05B | $7.42B | $1.20B | $1.35B | $992.00M | $908.00M | $816.00M | $682.00M | $822.00M | $627.00M | $863.00M |
| QoQ Change | — | +0.0% | +0.0% | -224.4% | -112.7% | +8.1% | +703.7% | -110.1% | -9.1% | +1.5% | +806.9% | -83.9% | +12.9% | -26.6% | -8.5% | -10.1% | -16.4% | +20.5% | -23.7% | +37.6% |
| YoY Change | — | — | — | — | -364.5% | -343.2% | >999% | -18.9% | +39.0% | +34.6% | -23.5% | +222.6% | +226.9% | +194.6% | -87.8% | -31.8% | -49.5% | -17.1% | -30.9% | +5.8% |