Products & Services · Less: Reinsurance recoverables

Universal and Variable Universal Life — Less: Reinsurance recoverables

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.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026

How to read this metric

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.

Detailed definition

This metric quantifies the portion of the universal and variable universal life insurance liabilities that have been ced...

Peer comparison

Standard balance sheet item for insurers to show net risk exposure after reinsurance.

Metric ID: met_segment_universal_and_variable_universal_life_less_reinsurance_recoverables

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value73,900,000,000%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%
Range73,900,000,000%238,900,000,000%
CAGR+31.8%
Avg YoY Growth+54.4%
Median YoY Growth+5.6%
Current Streak11 quarters growth

Frequently Asked Questions

What is MetLife's universal and variable universal life — less: reinsurance recoverables?
MetLife (MET) reported universal and variable universal life — less: reinsurance recoverables of 238900000000.0% in Q1 2026.
How has MetLife's universal and variable universal life — less: reinsurance recoverables changed year-over-year?
MetLife's universal and variable universal life — less: reinsurance recoverables increased by 8.7% year-over-year, from 219700000000.0% to 238900000000.0%.
What is the long-term trend for MetLife's universal and variable universal life — less: reinsurance recoverables?
Over 3 years (2022 to 2025), MetLife's universal and variable universal life — less: reinsurance recoverables has grown at a 44.8% compound annual growth rate (CAGR), from 298400000000.0% to 905200000000.0%.
What does universal and variable universal life — less: reinsurance recoverables mean?
The amount of insurance risk transferred to other companies through reinsurance agreements.