Products & Services · Effect of changes in interest rates

Variable Annuity — Effect of changes in interest rates

MetLife Variable Annuity — Effect of changes in interest rates increased by 91.8% to -1400000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 111.4%, from 12300000000.0% to -1400000000.0%. Over 3 years (FY 2021 to FY 2025), Variable Annuity — Effect of changes in interest rates shows an upward trend with a -25.6% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026

How to read this metric

An increase in liability value due to falling rates signals potential margin compression, while rising rates generally reduce liability values.

Detailed definition

This metric quantifies the impact of interest rate fluctuations on the valuation of variable annuity market risk benefit...

Peer comparison

Standard sensitivity analysis for interest rate risk in long-duration insurance liabilities across the industry.

Metric ID: met_segment_variable_annuity_effect_of_changes_in_interest_rates

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-13,400,000,000%-13,400,000,000%-13,400,000,000%-136,200,000,000%-119,900,000,000%-80,300,000,000%-24,600,000,000%36,800,000,000%-34,500,000,000%-90,400,000,000%-37,300,000,000%-18,300,000,000%48,600,000,000%-66,600,000,000%12,300,000,000%-10,000,000,000%-7,300,000,000%-17,100,000,000%-1,400,000,000%
QoQ Change+0.0%+0.0%-916.4%+12.0%+33.0%+69.4%+249.6%-193.8%-162.0%+58.7%+50.9%+365.6%-237.0%+118.5%-181.3%+27.0%-134.2%+91.8%
YoY Change-794.8%-499.3%-83.6%+127.0%+71.2%-12.6%-201.4%+47.0%+153.8%+133.0%+45.4%-115.0%+74.3%-111.4%
Range-136,200,000,000%48,600,000,000%
CAGR-39.5%
Avg YoY Growth-83.3%
Median YoY Growth+16.4%

Frequently Asked Questions

What is MetLife's variable annuity — effect of changes in interest rates?
MetLife (MET) reported variable annuity — effect of changes in interest rates of -1400000000.0% in Q1 2026.
How has MetLife's variable annuity — effect of changes in interest rates changed year-over-year?
MetLife's variable annuity — effect of changes in interest rates decreased by 111.4% year-over-year, from 12300000000.0% to -1400000000.0%.
What is the long-term trend for MetLife's variable annuity — effect of changes in interest rates?
Over 3 years (2021 to 2025), MetLife's variable annuity — effect of changes in interest rates has grown at a -25.6% compound annual growth rate (CAGR), from -53600000000.0% to -22100000000.0%.
What does variable annuity — effect of changes in interest rates mean?
The change in value of variable annuity liabilities caused specifically by movements in interest rates.