Discontinued — last reported Q3 '25
MetLife Retirement Assurance — Market risk benefits decreased by 4.2% to $183.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $197.00M to $183.00M. This is a positive signal — lower values indicate better performance for this metric.
An increase in benefit payments or negative adjustments due to market factors signals higher liability exposure and potential pressure on segment profitability. Conversely, favorable adjustments indicate effective hedging or market conditions that reduce the net cost of providing these guarantees.
This metric represents the financial impact of market risk benefits associated with variable annuity products or similar...
Comparable to market risk benefit adjustments or variable annuity reserve changes reported by other large life insurers with significant retirement and savings businesses.
met_segment_retirement_assurance_market_risk_benefits| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $226.00M | $221.00M | $202.00M | $193.00M | $203.00M | $189.00M | $177.00M | $197.00M | $178.00M | $187.00M | $191.00M | $183.00M |
| QoQ Change | — | -2.2% | -8.6% | -4.5% | +5.2% | -6.9% | -6.3% | +11.3% | -9.6% | +5.1% | +2.1% | -4.2% |
| YoY Change | — | — | — | — | -10.2% | -14.5% | -12.4% | +2.1% | -12.3% | -1.1% | +7.9% | -7.1% |