Products & Services · Excess benefits paid

Variable Life — Excess benefits paid

MetLife Variable Life — Excess benefits paid decreased by 33.3% to -800000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from -900000000.0% to -800000000.0%. Over 4 years (FY 2021 to FY 2025), Variable Life — Excess benefits paid shows an upward trend with a -4.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

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

How to read this metric

Lower payments are generally preferred as they indicate lower-than-expected claims on guarantee features.

Detailed definition

This metric measures the actual cash payments made to policyholders that exceed the standard benefit expectations, often...

Peer comparison

Comparable to 'Guarantee Benefit Payouts' or 'Excess Claims' at other variable annuity/life insurers.

Metric ID: met_segment_variable_life_excess_benefits_paid

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-1,000,000,000%-1,000,000,000%-1,000,000,000%-1,200,000,000%-800,000,000%-1,100,000,000%-900,000,000%-1,000,000,000%-900,000,000%-1,000,000,000%-700,000,000%-900,000,000%-1,400,000,000%-700,000,000%-800,000,000%-900,000,000%-1,000,000,000%-800,000,000%-600,000,000%-800,000,000%
QoQ Change+0.0%+0.0%-20.0%+33.3%-37.5%+18.2%-11.1%+10.0%-11.1%+30.0%-28.6%-55.6%+50.0%-14.3%-12.5%-11.1%+20.0%+25.0%-33.3%
YoY Change+20.0%-10.0%+10.0%+16.7%-12.5%+9.1%+22.2%+10.0%-55.6%+30.0%-14.3%+0.0%+28.6%-14.3%+25.0%+11.1%
Range-1,400,000,000%-600,000,000%
CAGR-4.6%
Avg YoY Growth+4.8%
Median YoY Growth+10.0%

Frequently Asked Questions

What is MetLife's variable life — excess benefits paid?
MetLife (MET) reported variable life — excess benefits paid of -800000000.0% in Q1 2026.
How has MetLife's variable life — excess benefits paid changed year-over-year?
MetLife's variable life — excess benefits paid increased by 11.1% year-over-year, from -900000000.0% to -800000000.0%.
What is the long-term trend for MetLife's variable life — excess benefits paid?
Over 4 years (2021 to 2025), MetLife's variable life — excess benefits paid has grown at a -4.7% compound annual growth rate (CAGR), from -4000000000.0% to -3300000000.0%.
What does variable life — excess benefits paid mean?
The amount of extra benefit payments made to policyholders beyond standard expectations.