Products & Services · Net liability for FPBs

Fixed & Immediate Annuities — Net liability for FPBs

MetLife Fixed & Immediate Annuities — Net liability for FPBs decreased by 1.1% to $78.65B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.4%, from $68.15B to $78.65B. Over 2 years (FY 2023 to FY 2025), Fixed & Immediate Annuities — Net liability for FPBs shows an upward trend with a 8.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026

How to read this metric

An increase suggests higher long-term obligations, while a decrease may indicate reduced risk or changes in actuarial assumptions.

Detailed definition

This represents the net liability for future policy benefits associated with fixed and immediate annuity products. It re...

Peer comparison

Standard across life insurance peers under LDTI accounting standards for long-duration contracts.

Metric ID: met_segment_fixed_immediate_annuities_net_liability_for_fpbs

Historical Data

16 periods
 Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$63.68B$57.23B$58.50B$59.60B$60.28B$57.50B$64.32B$62.36B$64.34B$67.65B$66.26B$68.15B$68.19B$68.80B$79.52B$78.65B
QoQ Change-10.1%+2.2%+1.9%+1.2%-4.6%+11.9%-3.1%+3.2%+5.1%-2.0%+2.8%+0.1%+0.9%+15.6%-1.1%
YoY Change-8.1%+0.5%+10.0%+4.6%+6.7%+17.7%+3.0%+9.3%+6.0%+1.7%+20.0%+15.4%
Range$57.23B$79.52B
CAGR+5.8%
Avg YoY Growth+7.2%
Median YoY Growth+6.4%

Frequently Asked Questions

What is MetLife's fixed & immediate annuities — net liability for fpbs?
MetLife (MET) reported fixed & immediate annuities — net liability for fpbs of $78.65B in Q1 2026.
How has MetLife's fixed & immediate annuities — net liability for fpbs changed year-over-year?
MetLife's fixed & immediate annuities — net liability for fpbs increased by 15.4% year-over-year, from $68.15B to $78.65B.
What is the long-term trend for MetLife's fixed & immediate annuities — net liability for fpbs?
Over 2 years (2023 to 2025), MetLife's fixed & immediate annuities — net liability for fpbs has grown at a 8.5% compound annual growth rate (CAGR), from $241.70B to $284.67B.
What does fixed & immediate annuities — net liability for fpbs mean?
The net estimated future cost of fulfilling annuity obligations after accounting for expected premiums and reinsurance.