Discontinued — last reported Q3 '24

Business Segments · Benefits, Losses and Expenses

EMEA — Benefits, Losses and Expenses

MetLife EMEA — Benefits, Losses and Expenses increased by 6.8% to $616.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.9%, from $527.00M to $616.00M. Over 2 years (FY 2021 to FY 2023), EMEA — Benefits, Losses and Expenses shows a downward trend with a -6.8% 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

How to read this metric

A decrease relative to premiums earned indicates improved underwriting discipline or operational efficiency, while an increase may signal higher claims severity or rising administrative costs.

Detailed definition

Aggregates all policyholder benefits, claims incurred, and operating expenses directly attributable to the EMEA segment'...

Peer comparison

Standard industry metric equivalent to 'Total Benefits and Expenses' or 'Operating Costs and Claims'.

Metric ID: met_segment_emea_benefits_losses_and_expenses

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$677.00M$600.00M$605.00M$579.00M$540.00M$506.00M$524.00M$550.00M$537.00M$527.00M$586.00M$571.00M$577.00M$616.00M
QoQ Change-11.4%+0.8%-4.3%-6.7%-6.3%+3.6%+5.0%-2.4%-1.9%+11.2%-2.6%+1.1%+6.8%
YoY Change-20.2%-15.7%-13.4%-5.0%-0.6%+4.2%+11.8%+3.8%+7.4%+16.9%
Range$506.00M$677.00M
CAGR-2.9%
Avg YoY Growth-1.1%
Median YoY Growth+1.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is MetLife's emea — benefits, losses and expenses?
MetLife (MET) reported emea — benefits, losses and expenses of $616.00M in Q3 2024.
How has MetLife's emea — benefits, losses and expenses changed year-over-year?
MetLife's emea — benefits, losses and expenses increased by 16.9% year-over-year, from $527.00M to $616.00M.
What is the long-term trend for MetLife's emea — benefits, losses and expenses?
Over 2 years (2021 to 2023), MetLife's emea — benefits, losses and expenses has grown at a -6.8% compound annual growth rate (CAGR), from $2.53B to $2.20B.
What does emea — benefits, losses and expenses mean?
The total costs incurred by the EMEA segment to provide insurance benefits and operate the business.