MetLife Fixed & Immediate Annuities — Benefit payments decreased by 6.2% to -$1.83B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.8%, from -$1.62B to -$1.83B. Over 3 years (FY 2021 to FY 2025), Fixed & Immediate Annuities — Benefit payments shows a downward trend with a 17.1% CAGR.
An increase may indicate a maturing book of business or higher claim activity, while a decrease could signal lower payout obligations or a shift in product mix.
This represents the total cash outflows paid to policyholders for fixed and immediate annuity contracts during a specifi...
Standard across life insurance peers reporting on annuity payout obligations.
met_segment_fixed_immediate_annuities_benefit_payments| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.04B | -$1.04B | -$1.04B | -$1.12B | -$1.12B | -$1.12B | -$1.12B | -$1.37B | -$1.35B | -$1.49B | -$1.48B | -$1.50B | -$1.57B | -$1.62B | -$1.67B | -$1.69B | -$1.72B | -$1.83B |
| QoQ Change | — | +0.0% | +0.0% | -7.1% | +0.0% | +0.0% | +0.0% | -23.0% | +1.3% | -10.2% | +0.5% | -1.3% | -4.5% | -3.1% | -3.0% | -1.3% | -1.8% | -6.2% |
| YoY Change | — | — | — | — | -7.1% | -7.1% | -7.1% | -23.0% | -21.4% | -8.7% | -9.6% | — | — | -8.6% | -12.4% | -12.4% | -9.5% | -12.8% |