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MetLife MET Universal and Variable Universal Life — Net amount at risk

Other product segments

Fixed Annuity
$2.43B-5.9%

Similar metrics at other companies

F&G Annuities & Life logo
FGUniversal life — Net amount at risk
$29.65B-61.0%
Ameriprise Financial logo
AMPVariable Universal Life Insurance — Net amount at risk
$57.55B-0.3%
Corebridge Financial logo
CRBGUniversal Life — Net amount at risk
$78.63B+2.7%
Brighthouse Financial logo
BHFUniversal Life Insurance — Net amount at risk
$30.96B-5.8%
Prudential Financial logo
PRUVariable Universal Life — Net amount at risk
$273.82B+6.8%
Fidelity National Financial logo
FNFUniversal Life — Net amount at risk
$29.65B-61.0%

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:PolicyholderAccountBalanceNetAmountAtRisk.

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 — net amount at risk?
MetLife (MET) reported universal and variable universal life — net amount at risk of $80.37B in Q1 2026.
How has MetLife's universal and variable universal life — net amount at risk changed year-over-year?
MetLife's universal and variable universal life — net amount at risk decreased by 7.0% year-over-year, from $86.43B to $80.37B.
What is the long-term trend for MetLife's universal and variable universal life — net amount at risk?
Over 3 years (2022 to 2025), MetLife's universal and variable universal life — net amount at risk has grown at a -4.6% compound annual growth rate (CAGR), from $391.44B to $340.32B.
What does universal and variable universal life — net amount at risk mean?
This metric measures the difference between the total death benefit payable and the current policyholder account balance for universal and variable life insurance. It represents the actual insurance risk exposure the company retains, as the account balance effectively offsets a portion of the death benefit. It is a critical measure for assessing the company's mortality risk and reinsurance needs.