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MetLife MET Universal and Variable Universal Life — Less: Reinsurance recoverables

Similar metrics at other companies

F&G Annuities & Life logo
FGUniversal life — Reinsurance recoverable, net of allowance for credit losses of $18 in 2026 and 2025
$883M+1.1%
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CINFUniversal life — Less reinsurance recoverable, end of period
$5M-37.5%
Prudential Financial logo
PRUGuaranteed Universal Life — Less: Reinsurance recoverables
1,081,400,000,000%+115,400,000,000pp
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AMPVariable Universal Life Insurance — Percentage of risk reinsured
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LNCUL and Other — Less: Reinsurance recoverables
$5.58B+5.0%
Fidelity National Financial logo
FNFUniversal Life — Reinsurance recoverable, net of allowance of $18 and $18 as of March 31, 2026 and December 31, 2025, respectively
$883M+1.1%

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:AdditionalLiabilityLongDurationInsuranceReinsuranceRecoverableAfterAllowance.

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 — less: reinsurance recoverables?
MetLife (MET) reported universal and variable universal life — less: reinsurance recoverables of 238,900,000,000% in Q1 2026.
How has MetLife's universal and variable universal life — less: reinsurance recoverables changed year-over-year?
MetLife's universal and variable universal life — less: reinsurance recoverables increased by 8.7% year-over-year, from 219,700,000,000% to 238,900,000,000%.
What is the long-term trend for MetLife's universal and variable universal life — less: reinsurance recoverables?
Over 3 years (2022 to 2025), MetLife's universal and variable universal life — less: reinsurance recoverables has grown at a 44.8% compound annual growth rate (CAGR), from 298,400,000,000% to 905,200,000,000%.
What does universal and variable universal life — less: reinsurance recoverables mean?
This metric quantifies the portion of the universal and variable universal life insurance liabilities that have been ceded to third-party reinsurers. It represents the amount the company expects to recover from reinsurers in the event of claims. This is a key indicator of the company's risk transfer strategy.