Products & Services · Less: Reinsurance recoverable

Variable Annuity — Less: Reinsurance recoverable

MetLife Variable Annuity — Less: Reinsurance recoverable increased by 30.9% to $373.00M in Q1 2026 compared to the prior quarter.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026

How to read this metric

An increase suggests higher utilization of reinsurance to mitigate risk, while a decrease indicates more risk is being retained on the company's own balance sheet.

Detailed definition

This metric quantifies the portion of variable annuity liabilities that are covered by reinsurance agreements. It repres...

Peer comparison

Standard reinsurance recoverable line items found in the balance sheets of major life and annuity providers.

Metric ID: met_segment_variable_annuity_less_reinsurance_recoverable

Historical Data

5 periods
 Q4 '23Q4 '24Q1 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$285.00M$373.00M
QoQ Change+30.9%
Range$0.00$373.00M

Frequently Asked Questions

What is MetLife's variable annuity — less: reinsurance recoverable?
MetLife (MET) reported variable annuity — less: reinsurance recoverable of $373.00M in Q1 2026.
What does variable annuity — less: reinsurance recoverable mean?
The amount of annuity-related liabilities that are covered by reinsurance contracts.