Products & Services · Benefit payments

Fixed & Immediate Annuities — Benefit payments

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.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

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.

Detailed definition

This represents the total cash outflows paid to policyholders for fixed and immediate annuity contracts during a specifi...

Peer comparison

Standard across life insurance peers reporting on annuity payout obligations.

Metric ID: met_segment_fixed_immediate_annuities_benefit_payments

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range-$1.83B-$1.04B
CAGR+14.1%
Avg YoY Growth-11.6%
Median YoY Growth-9.6%
Current Streak7 quarters decline

Frequently Asked Questions

What is MetLife's fixed & immediate annuities — benefit payments?
MetLife (MET) reported fixed & immediate annuities — benefit payments of -$1.83B in Q1 2026.
How has MetLife's fixed & immediate annuities — benefit payments changed year-over-year?
MetLife's fixed & immediate annuities — benefit payments decreased by 12.8% year-over-year, from -$1.62B to -$1.83B.
What is the long-term trend for MetLife's fixed & immediate annuities — benefit payments?
Over 3 years (2021 to 2025), MetLife's fixed & immediate annuities — benefit payments has grown at a 17.1% compound annual growth rate (CAGR), from -$4.17B to -$6.70B.
What does fixed & immediate annuities — benefit payments mean?
The total amount of cash paid out to annuity holders during the period.