What is MetLife's ris — benefits, losses and expenses?

MetLife (MET) reported ris — benefits, losses and expenses of $3.12B in Q3 2024.

How has MetLife's ris — benefits, losses and expenses changed year-over-year?

MetLife's ris — benefits, losses and expenses decreased by 19.8% year-over-year, from $3.89B to $3.12B.

What is the long-term trend for MetLife's ris — benefits, losses and expenses?

Over 2 years (2021 to 2023), MetLife's ris — benefits, losses and expenses has grown at a 25.1% compound annual growth rate (CAGR), from $9.25B to $14.48B.

What does ris — benefits, losses and expenses mean?

The total cost of paying claims, benefits, and operating expenses for the retirement and income business.

Discontinued — last reported Q3 '24

Business Segments · Benefits, Losses and Expenses

RIS — Benefits, Losses and Expenses

MetLife RIS — Benefits, Losses and Expenses decreased by 25.4% to $3.12B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 19.8%, from $3.89B to $3.12B. Over 2 years (FY 2021 to FY 2023), RIS — Benefits, Losses and Expenses shows an upward trend with a 25.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2021

Last reportedQ3 2024

How to read this metric

A decrease relative to premiums earned indicates improved underwriting margins and operational efficiency, while an increase suggests rising claims or higher costs.

Detailed definition

Aggregates all costs associated with policyholder benefits, claims incurred, settlement expenses, and operating costs sp...

Peer comparison

Equivalent to 'Total Benefits and Expenses' or 'Underwriting and Operating Expenses' reported by life insurance segments.

Metric ID: met_segment_ris_benefits_losses_and_expenses

Historical Data

14 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24
Value	$2.31B	$2.31B	$2.31B	$4.62B	$4.62B	$4.62B	$4.62B	$1.96B	$4.24B	$3.89B	$4.38B	$2.40B	$4.18B	$3.12B
QoQ Change	—	+0.0%	+0.0%	+99.5%	+0.0%	+0.0%	+0.0%	-57.6%	+116.9%	-8.3%	+12.6%	-45.3%	+74.4%	-25.4%
YoY Change	—	—	—	—	+99.5%	+99.5%	+99.5%	-57.6%	-8.0%	-15.6%	-5.0%	+22.5%	-1.5%	-19.8%

Range$1.96B – $4.62B

CAGR+9.7%

Avg YoY Growth+21.3%

Median YoY Growth-3.3%

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Frequently Asked Questions

What is MetLife's ris — benefits, losses and expenses?: MetLife (MET) reported ris — benefits, losses and expenses of $3.12B in Q3 2024.
How has MetLife's ris — benefits, losses and expenses changed year-over-year?: MetLife's ris — benefits, losses and expenses decreased by 19.8% year-over-year, from $3.89B to $3.12B.
What is the long-term trend for MetLife's ris — benefits, losses and expenses?: Over 2 years (2021 to 2023), MetLife's ris — benefits, losses and expenses has grown at a 25.1% compound annual growth rate (CAGR), from $9.25B to $14.48B.
What does ris — benefits, losses and expenses mean?: The total cost of paying claims, benefits, and operating expenses for the retirement and income business.