Products & Services · Balance, end of period, net of reinsurance
Variable Annuity — Balance, end of period, net of reinsurance
MetLife Variable Annuity — Balance, end of period, net of reinsurance increased by 4.8% to $1.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 28.0%, from $2.18B to $1.57B.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026
How to read this metric
An increase reflects growing net exposure to annuity obligations, which may require higher capital reserves, while a decrease indicates reduced net exposure.
Detailed definition
This metric represents the total net liability for variable annuity products after accounting for reinsurance recoveries...
Peer comparison
Comparable to net insurance liability or net policy reserve metrics reported by peer life insurance companies.
Metric ID:
met_segment_variable_annuity_balance_end_of_period_net_of_reinsuranceHistorical Data
5 periods
| Q4 '23 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|
| Value | $2.72B | $2.07B | $2.18B | $1.50B | $1.57B |
| QoQ Change | — | -24.0% | +5.6% | -31.3% | +4.8% |
| YoY Change | — | -24.0% | — | -27.5% | -28.0% |
Range$1.50B – $2.72B
CAGR-42.2%
Avg YoY Growth-26.5%
Median YoY Growth-27.5%
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Frequently Asked Questions
- What is MetLife's variable annuity — balance, end of period, net of reinsurance?
- MetLife (MET) reported variable annuity — balance, end of period, net of reinsurance of $1.57B in Q1 2026.
- How has MetLife's variable annuity — balance, end of period, net of reinsurance changed year-over-year?
- MetLife's variable annuity — balance, end of period, net of reinsurance decreased by 28.0% year-over-year, from $2.18B to $1.57B.
- What does variable annuity — balance, end of period, net of reinsurance mean?
- The total net financial obligation for variable annuities after subtracting reinsurance coverage.