Skip to content
OpenCapital
Get started

MetLife MET Fixed & Immediate Annuities — Net liability for FPBs

Other product segments

Participating Life Insurance Contract
$47.06B-2.2%
Short-Duration Insurance, Other
$15.34B+8.0%
Long-term Care
$14.98B+1.8%
Fixed Annuity
$12.45B+19.9%
Long-Duration Insurance, Other
$11.21B+4.2%
Whole and Term Life & Endowments
$9.24B-20.1%
Accident & health insurance
$7.26B-25.0%
Fixed & Immediate Annuities for Deferred Profit Liabilities
$3.88B+1.9%
Universal and Variable Universal Life
$3.07B+5.8%
Variable Life
$1.05B-9.1%
Accident and Health Insurance Product Line for Deferred Profit Liabilities
$984M+9.0%
Whole and Term Life & Endowments for Deferred Profit Liabilities
$915M+14.7%
Fixed Annuity for Deferred Profit Liabilities
$540M+3.6%

Similar metrics at other companies

F&G Annuities & Life logo
FGImmediate annuities — Future policy benefits
$1.24B-4.2%
F&G Annuities & Life logo
FGImmediate annuities — Liability for Future Policy Benefit, after Reinsurance
$1.14B-4.2%
Principal Financial Group logo
PFGFixed Annuity — Liability For Future Policy Benefit Expected Future Policy Benefit Undiscounted Before Reinsurance
$6.12B-6.2%
Principal Financial Group logo
PFGFixed Annuity — Liability For Future Policy Benefit After Reinsurance
$59M+48.2%
Principal Financial Group logo
PFGFixed Annuity — Liability For Future Policy Benefits
$4.24B-5.6%
F&G Annuities & Life logo
FGImmediate annuities — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$28M0.0%

Other financials

Income statement

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

Balance sheet

See full
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

See full
Operating cash flow$2.7B-37.0%

Valuation

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

Profitability

See full
Net margin4.7%-1.5pp

Returns & leverage

See full
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:LiabilityForFuturePolicyBenefits.

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

Ask your AI about MetLife's fixed & immediate annuities — net liability for fpbs.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is MetLife's fixed & immediate annuities — net liability for fpbs?
MetLife (MET) reported fixed & immediate annuities — net liability for fpbs of $78.65B in Q1 2026.
How has MetLife's fixed & immediate annuities — net liability for fpbs changed year-over-year?
MetLife's fixed & immediate annuities — net liability for fpbs increased by 15.4% year-over-year, from $68.15B to $78.65B.
What is the long-term trend for MetLife's fixed & immediate annuities — net liability for fpbs?
Over 2 years (2023 to 2025), MetLife's fixed & immediate annuities — net liability for fpbs has grown at a 8.5% compound annual growth rate (CAGR), from $241.7B to $284.67B.
What does fixed & immediate annuities — net liability for fpbs mean?
This represents the net liability for future policy benefits associated with fixed and immediate annuity products. It reflects the actuarial estimate of the present value of future benefit payments minus the present value of future net premiums, adjusted for reinsurance. This is a critical measure of the long-term financial obligations the company must meet for its annuity policyholders.