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MetLife MET Universal and Variable Universal Life — Cash surrender value

Other product segments

Fixed Annuity
$45.45B+11.9%

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$986M+3.9%
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$10.93B-12.9%
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$2.64B+16.6%
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AMPVariable Universal Life Insurance — Cash surrender value
$10.18B+12.9%

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$54.45B+2.4%
Enterprise value$46.62B-0.7%
P/E15.1×+3.2×
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:CashSurrenderValueDuePolicyholdersAmount.

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 universal and variable universal life — cash surrender value?
MetLife (MET) reported universal and variable universal life — cash surrender value of $48.82B in Q1 2026.
How has MetLife's universal and variable universal life — cash surrender value changed year-over-year?
MetLife's universal and variable universal life — cash surrender value increased by 7.4% year-over-year, from $45.47B to $48.82B.
What is the long-term trend for MetLife's universal and variable universal life — cash surrender value?
Over 3 years (2022 to 2025), MetLife's universal and variable universal life — cash surrender value has grown at a 4.9% compound annual growth rate (CAGR), from $162.66B to $187.78B.
What does universal and variable universal life — cash surrender value mean?
This represents the total amount that policyholders would be entitled to receive if they were to terminate their universal or variable life insurance contracts as of the reporting date. It is a measure of the liquidity risk associated with the product segment, as it quantifies the potential immediate cash outflow if a significant number of policyholders choose to surrender their policies.