What is MetLife's asia — benefits, losses and expenses?

MetLife (MET) reported asia — benefits, losses and expenses of $2.41B in Q3 2024.

How has MetLife's asia — benefits, losses and expenses changed year-over-year?

MetLife's asia — benefits, losses and expenses increased by 2.1% year-over-year, from $2.36B to $2.41B.

What is the long-term trend for MetLife's asia — benefits, losses and expenses?

Over 2 years (2021 to 2023), MetLife's asia — benefits, losses and expenses has grown at a -5.3% compound annual growth rate (CAGR), from $10.13B to $9.09B.

What does asia — benefits, losses and expenses mean?

The total cost of claims, benefits, and operating expenses incurred by the segment.

Discontinued — last reported Q3 '24

Business Segments · Benefits, Losses and Expenses

Asia — Benefits, Losses and Expenses

MetLife Asia — Benefits, Losses and Expenses increased by 9.1% to $2.41B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $2.36B to $2.41B. Over 2 years (FY 2021 to FY 2023), Asia — Benefits, Losses and Expenses shows a downward trend with a -5.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2016

Last reportedQ3 2024Nov 1, 2024

Rolls up toBenefits, Losses and Expenses

How to read this metric

A decrease relative to premiums earned suggests improved underwriting profitability and operational efficiency.

Detailed definition

Aggregates all costs associated with policyholder benefits, claims incurred, and operating expenses specifically attribu...

Peer comparison

Equivalent to 'Total Benefits and Expenses' or 'Underwriting and Operating Expenses' reported by insurance peers.

Metric ID: met_segment_asia_benefits_losses_and_expenses

Historical Data

14 periods

	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
Value	$2.45B	$2.64B	$2.48B	$2.45B	$2.38B	$2.32B	$2.29B	$2.27B	$2.17B	$2.36B	$2.29B	$2.27B	$2.21B	$2.41B
QoQ Change	—	+7.4%	-6.0%	-1.1%	-2.7%	-2.5%	-1.3%	-1.0%	-4.6%	+9.0%	-3.0%	-0.8%	-2.6%	+9.1%
YoY Change	—	—	—	—	-2.9%	-11.8%	-7.5%	-7.4%	-9.1%	+1.6%	-0.2%	+0.0%	+2.0%	+2.1%

Range$2.17B – $2.64B

CAGR-0.5%

Avg YoY Growth-3.3%

Median YoY Growth-1.5%

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Frequently Asked Questions

What is MetLife's asia — benefits, losses and expenses?: MetLife (MET) reported asia — benefits, losses and expenses of $2.41B in Q3 2024.
How has MetLife's asia — benefits, losses and expenses changed year-over-year?: MetLife's asia — benefits, losses and expenses increased by 2.1% year-over-year, from $2.36B to $2.41B.
What is the long-term trend for MetLife's asia — benefits, losses and expenses?: Over 2 years (2021 to 2023), MetLife's asia — benefits, losses and expenses has grown at a -5.3% compound annual growth rate (CAGR), from $10.13B to $9.09B.
What does asia — benefits, losses and expenses mean?: The total cost of claims, benefits, and operating expenses incurred by the segment.