MetLife Variable Annuity — Market Risk Benefit, Benefit Payment remained flat by 0.0% to $24.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.3%, from $23.00M to $24.00M. Over 4 years (FY 2021 to FY 2025), Variable Annuity — Market Risk Benefit, Benefit Payment shows an upward trend with a 22.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Higher payments indicate increased utilization of guarantees, which may signal adverse market conditions or aging of the policyholder cohort.
This metric tracks the actual cash outflows paid to policyholders under the market risk benefit provisions of variable a...
Comparable to benefit payments for guaranteed minimum withdrawal or income benefits at peer insurance companies.
met_segment_variable_annuity_market_risk_benefit_benefit_payment| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.25M | $10.25M | $10.25M | -$10.00M | $31.00M | $14.00M | $7.00M | -$11.00M | $32.00M | $15.00M | $22.00M | $22.00M | $23.00M | $22.00M | $23.00M | $23.00M | $23.00M | $23.00M | $24.00M | $24.00M |
| QoQ Change | — | +0.0% | +0.0% | -197.6% | +410.0% | -54.8% | -50.0% | -257.1% | +390.9% | -53.1% | +46.7% | +0.0% | +4.5% | -4.3% | +4.5% | +0.0% | +0.0% | +0.0% | +4.3% | +0.0% |
| YoY Change | — | — | — | — | +202.4% | +36.6% | -31.7% | -10.0% | +3.2% | +7.1% | +214.3% | +300.0% | -28.1% | +46.7% | +4.5% | +4.5% | +0.0% | +4.5% | +4.3% | +4.3% |