MetLife Fixed & Immediate Annuities — Interest Expense (2) increased by 6.0% to $966.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $833.00M to $966.00M. Over 3 years (FY 2021 to FY 2025), Fixed & Immediate Annuities — Interest Expense (2) shows an upward trend with a 13.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower interest expense relative to investment income indicates a wider net interest margin and higher profitability, while rising expense may compress margins in a low-yield environment.
This metric reflects the interest costs incurred by the company on liabilities associated with fixed and immediate annui...
Comparable to 'Interest Credited to Policyholder Account Balances' reported by other major life insurance companies, which is a standard measure of the cost of insurance liabilities.
met_segment_fixed_immediate_annuities_interest_expense_2| 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 | $584.00M | $584.00M | $584.00M | $629.75M | $629.75M | $629.75M | $629.75M | $703.00M | $708.00M | $759.00M | $767.00M | $800.00M | $820.00M | $833.00M | $843.00M | $840.00M | $911.00M | $966.00M |
| QoQ Change | — | +0.0% | +0.0% | +7.8% | +0.0% | +0.0% | +0.0% | +11.6% | +0.7% | +7.2% | +1.1% | +4.3% | +2.5% | +1.6% | +1.2% | -0.4% | +8.5% | +6.0% |
| YoY Change | — | — | — | — | +7.8% | +7.8% | +7.8% | +11.6% | +12.4% | +8.0% | +8.3% | — | — | +9.7% | +9.9% | +5.0% | +11.1% | +16.0% |