Business Segments · Amortization of DAC, VOBA and negative VOBA

RIS — Amortization of DAC, VOBA and negative VOBA

MetLife RIS — Amortization of DAC, VOBA and negative VOBA increased by 17.9% to -$23.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 35.3%, from -$17.00M to -$23.00M. Over 3 years (FY 2022 to FY 2025), RIS — Amortization of DAC, VOBA and negative VOBA shows a downward trend with a 26.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Changes in amortization reflect shifts in business volume, policy persistency, or adjustments to long-term profitability assumptions.

Detailed definition

This represents the amortization of Deferred Acquisition Costs (DAC) and the Value of Business Acquired (VOBA) for the R...

Peer comparison

Comparable to DAC amortization reported by all life insurance companies.

Metric ID: met_segment_ris_amortization_of_dac_voba_and_negative_voba

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$10.00M-$10.00M-$10.00M-$10.00M-$12.25M-$12.25M-$12.25M-$12.25M-$15.00M-$16.00M-$14.00M-$21.00M-$17.00M-$18.00M-$18.00M-$28.00M-$23.00M
QoQ Change+0.0%+0.0%+0.0%-22.5%+0.0%+0.0%+0.0%-22.4%-6.7%+12.5%-50.0%+19.0%-5.9%+0.0%-55.6%+17.9%
YoY Change-22.5%-22.5%-22.5%-22.5%-22.4%-30.6%-14.3%-71.4%-13.3%-12.5%-28.6%-33.3%-35.3%
Range-$28.00M-$10.00M
CAGR+23.1%
Avg YoY Growth-27.1%
Median YoY Growth-22.5%

Frequently Asked Questions

What is MetLife's ris — amortization of dac, voba and negative voba?
MetLife (MET) reported ris — amortization of dac, voba and negative voba of -$23.00M in Q1 2026.
How has MetLife's ris — amortization of dac, voba and negative voba changed year-over-year?
MetLife's ris — amortization of dac, voba and negative voba decreased by 35.3% year-over-year, from -$17.00M to -$23.00M.
What is the long-term trend for MetLife's ris — amortization of dac, voba and negative voba?
Over 3 years (2022 to 2025), MetLife's ris — amortization of dac, voba and negative voba has grown at a 26.5% compound annual growth rate (CAGR), from -$40.00M to -$81.00M.
What does ris — amortization of dac, voba and negative voba mean?
The periodic expense recognized for the costs of acquiring new insurance business in the Retirement and Income Solutions segment.