Products & Services · Effect of changes in equity index volatility

Variable Annuity — Effect of changes in equity index volatility

MetLife Variable Annuity — Effect of changes in equity index volatility increased by 925.0% to $66.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 371.4%, from $14.00M to $66.00M. Over 3 years (FY 2021 to FY 2025), Variable Annuity — Effect of changes in equity index volatility shows a downward trend with a -100.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase in volatility typically raises the cost of guarantees, signaling higher potential future claims and hedging costs.

Detailed definition

This metric measures the impact of changes in implied equity market volatility on the valuation of variable annuity mark...

Peer comparison

Comparable to 'vega' sensitivity or volatility-related adjustments in insurance liability valuation models.

Metric ID: met_segment_variable_annuity_effect_of_changes_in_equity_index_volatility

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.25M$6.25M$6.25M$43.00M$14.00M$34.00M-$132.00M$23.00M$25.00M-$51.00M$34.00M-$8.00M$11.00M$3.00M$14.00M-$18.00M$12.00M-$8.00M$66.00M
QoQ Change+0.0%+0.0%+588.0%-67.4%+142.9%-488.2%+117.4%+8.7%-304.0%+166.7%-123.5%+237.5%-72.7%+366.7%-228.6%+166.7%-166.7%+925.0%
YoY Change+124.0%+444.0%-407.0%+64.3%-26.5%+125.8%-134.8%-56.0%+105.9%-58.8%-125.0%+9.1%-366.7%+371.4%
Range-$132.00M$66.00M
CAGR+68.8%
Avg YoY Growth+5.0%
Median YoY Growth-8.7%

Frequently Asked Questions

What is MetLife's variable annuity — effect of changes in equity index volatility?
MetLife (MET) reported variable annuity — effect of changes in equity index volatility of $66.00M in Q1 2026.
How has MetLife's variable annuity — effect of changes in equity index volatility changed year-over-year?
MetLife's variable annuity — effect of changes in equity index volatility increased by 371.4% year-over-year, from $14.00M to $66.00M.
What is the long-term trend for MetLife's variable annuity — effect of changes in equity index volatility?
Over 3 years (2021 to 2025), MetLife's variable annuity — effect of changes in equity index volatility has grown at a -100.0% compound annual growth rate (CAGR), from $25.00M to $0.00.
What does variable annuity — effect of changes in equity index volatility mean?
The change in value of variable annuity liabilities caused by shifts in equity market volatility.