MetLife RIS — Amortization of DAC, VOBA and negative VOBA increased by 17.9% to -$23.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 35.3%, from -$17.00M to -$23.00M. Over 3 years (FY 2022 to FY 2025), RIS — Amortization of DAC, VOBA and negative VOBA shows a downward trend with a 26.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Changes in amortization reflect shifts in business volume, policy persistency, or adjustments to long-term profitability assumptions.
This represents the amortization of Deferred Acquisition Costs (DAC) and the Value of Business Acquired (VOBA) for the R...
Comparable to DAC amortization reported by all life insurance companies.
met_segment_ris_amortization_of_dac_voba_and_negative_voba| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$10.00M | -$10.00M | -$10.00M | -$10.00M | -$12.25M | -$12.25M | -$12.25M | -$12.25M | -$15.00M | -$16.00M | -$14.00M | -$21.00M | -$17.00M | -$18.00M | -$18.00M | -$28.00M | -$23.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -22.5% | +0.0% | +0.0% | +0.0% | -22.4% | -6.7% | +12.5% | -50.0% | +19.0% | -5.9% | +0.0% | -55.6% | +17.9% |
| YoY Change | — | — | — | — | -22.5% | -22.5% | -22.5% | -22.5% | -22.4% | -30.6% | -14.3% | -71.4% | -13.3% | -12.5% | -28.6% | -33.3% | -35.3% |