MetLife Universal and Variable Universal Life — Less: Reinsurance recoverables increased by 0.9% to 238900000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from 219700000000.0% to 238900000000.0%. Over 3 years (FY 2022 to FY 2025), Universal and Variable Universal Life — Less: Reinsurance recoverables shows an upward trend with a 44.8% CAGR.
An increase indicates higher reliance on reinsurance to mitigate risk, while a decrease suggests the company is retaining more risk on its own balance sheet.
This metric quantifies the portion of the universal and variable universal life insurance liabilities that have been ced...
Standard balance sheet item for insurers to show net risk exposure after reinsurance.
met_segment_universal_and_variable_universal_life_less_reinsurance_recoverables| Q4 '21 | 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 | 73,900,000,000% | 74,500,000,000% | 75,300,000,000% | 74,100,000,000% | 74,500,000,000% | 74,800,000,000% | 74,400,000,000% | 76,600,000,000% | 205,500,000,000% | 208,600,000,000% | 211,700,000,000% | 214,700,000,000% | 217,400,000,000% | 219,700,000,000% | 223,000,000,000% | 225,800,000,000% | 236,700,000,000% | 238,900,000,000% |
| QoQ Change | — | +0.8% | +1.1% | -1.6% | +0.5% | +0.4% | -0.5% | +3.0% | +168.3% | +1.5% | +1.5% | +1.4% | +1.3% | +1.1% | +1.5% | +1.3% | +4.8% | +0.9% |
| YoY Change | — | — | — | — | +0.8% | +0.4% | -1.2% | +3.4% | +175.8% | +178.9% | +184.5% | +180.3% | +5.8% | +5.3% | +5.3% | +5.2% | +8.9% | +8.7% |