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MetLife MET Accident & health insurance — Undiscounted - Expected future benefit payments

Other product segments

Fixed & Immediate Annuities
$146.4B+13.5%
Long-term Care
$44.52B-0.5%
Whole and Term Life & Endowments
$26B-1.0%
Fixed Annuity
$17.03B+15.4%

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CRBGLife Insurance — Undiscounted expected future benefits and expense
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$16.27B0.0%
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VOYAEmployee Benefits Group — Expected future benefit payments, Undiscounted
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VOYAEmployee Benefits Voluntary — Expected future benefit payments, Undiscounted
$915M+1.4%
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EQHHealth — Expected future benefit payments and expenses (undiscounted)
$1.95B-6.8%
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VOYAEmployee Benefits Group — Expected future benefit payments, Discounted
$800M-1.7%

Other financials

Income statement

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Revenue$19.1B+2.7%
Net income$1.2B+25.4%
EPS (diluted)$1.74+35.9%

Balance sheet

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Cash & equivalents$22.7B+6.4%
Total debt$14.8B-1.5%
Total equity$27.3B-0.6%
Total assets$743.21B+8.0%

Cash flow

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Operating cash flow$2.7B-37.0%

Valuation

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Market cap$55.3B+3.4%
Enterprise value$47.47B+0.9%
P/E15.3×+2.8×
P/S0.7×0.0×

Profitability

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Net margin4.7%-1.5pp

Returns & leverage

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Return on equity13.2%-2.9pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by MetLife in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitUndiscountedBeforeReinsurance.

The official record: MetLife’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MetLife's accident & health insurance — undiscounted - expected future benefit payments?
MetLife (MET) reported accident & health insurance — undiscounted - expected future benefit payments of $42.67B in Q1 2026.
How has MetLife's accident & health insurance — undiscounted - expected future benefit payments changed year-over-year?
MetLife's accident & health insurance — undiscounted - expected future benefit payments decreased by 5.7% year-over-year, from $45.24B to $42.67B.
What is the long-term trend for MetLife's accident & health insurance — undiscounted - expected future benefit payments?
Over 3 years (2022 to 2025), MetLife's accident & health insurance — undiscounted - expected future benefit payments has grown at a -1.3% compound annual growth rate (CAGR), from $189.15B to $181.78B.
What does accident & health insurance — undiscounted - expected future benefit payments mean?
This metric measures the total nominal value of all future benefit payments expected to be made to policyholders. By excluding discounting, it shows the raw magnitude of the company's long-term obligations. It is a fundamental measure of the scale of the insurance segment's liabilities.