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MetLife MET Long-Duration Insurance, Other — Net liability for FPBs

Other product segments

Fixed & Immediate Annuities
$78.65B+15.4%
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%
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

Globe Life logo
GLOther — Net liability for future policy benefits—long duration life
$3.25B+2.5%
Globe Life logo
GLOther — Net liability for future policy benefits—long duration health
$3.56B-0.2%
Globe Life logo
GLLife — Net liability for future policy benefits—long duration life
$14.2B+4.2%
Globe Life logo
GLLife — Net liability for future policy benefits—long duration health
$15.03B+1.2%
Globe Life logo
GLHealth — Net liability for future policy benefits—long duration life
$2.63B+3.3%
Unum logo
UNMLong-term Care — Net liability for future policy benefits
$16.52B+6.6%

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:LiabilityForFuturePolicyBenefits.

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 long-duration insurance, other — net liability for fpbs?
MetLife (MET) reported long-duration insurance, other — net liability for fpbs of $11.21B in Q1 2026.
How has MetLife's long-duration insurance, other — net liability for fpbs changed year-over-year?
MetLife's long-duration insurance, other — net liability for fpbs increased by 4.2% year-over-year, from $10.76B to $11.21B.
What is the long-term trend for MetLife's long-duration insurance, other — net liability for fpbs?
Over 2 years (2023 to 2025), MetLife's long-duration insurance, other — net liability for fpbs has grown at a 3.6% compound annual growth rate (CAGR), from $41.06B to $44.1B.
What does long-duration insurance, other — net liability for fpbs mean?
This metric represents the net liability for future policy benefits (FPBs) associated with long-duration insurance contracts within the 'Other' segment. It reflects the present value of estimated future policy benefits and expenses, minus the present value of future net premiums, adjusted for historical experience. This is a critical measure of the long-term financial obligations the insurer must meet for its policyholders.