MetLife Long-term Care — Net liability for FPBs decreased by 1.6% to $14.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.8%, from $14.72B to $14.98B. Over 3 years (FY 2022 to FY 2025), Long-term Care — Net liability for FPBs shows relatively stable performance with a 0.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher future claim obligations or changes in actuarial assumptions, while a decrease may indicate improved risk management or reduced exposure.
This represents the net financial obligation for future policy benefits related to long-term care insurance contracts af...
Standard actuarial liability metric found in most life and health insurance companies with long-duration products.
met_segment_long_term_care_net_liability_for_fpbs| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $20.57B | $17.76B | $14.83B | $12.99B | $13.85B | $14.62B | $14.50B | $13.03B | $15.24B | $14.85B | $14.46B | $15.66B | $14.54B | $14.72B | $14.80B | $15.31B | $15.22B | $14.98B |
| QoQ Change | — | -13.7% | -16.5% | -12.4% | +6.6% | +5.6% | -0.8% | -10.2% | +17.0% | -2.6% | -2.6% | +8.3% | -7.2% | +1.2% | +0.6% | +3.4% | -0.6% | -1.6% |
| YoY Change | — | — | — | — | -32.7% | -17.7% | -2.2% | +0.3% | +10.1% | +1.6% | -0.3% | +20.2% | -4.6% | -0.9% | +2.4% | -2.2% | +4.7% | +1.8% |