MetLife Variable Life — Excess benefits paid decreased by 33.3% to -800000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from -900000000.0% to -800000000.0%. Over 4 years (FY 2021 to FY 2025), Variable Life — Excess benefits paid shows an upward trend with a -4.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower payments are generally preferred as they indicate lower-than-expected claims on guarantee features.
This metric measures the actual cash payments made to policyholders that exceed the standard benefit expectations, often...
Comparable to 'Guarantee Benefit Payouts' or 'Excess Claims' at other variable annuity/life insurers.
met_segment_variable_life_excess_benefits_paid| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -1,000,000,000% | -1,000,000,000% | -1,000,000,000% | -1,200,000,000% | -800,000,000% | -1,100,000,000% | -900,000,000% | -1,000,000,000% | -900,000,000% | -1,000,000,000% | -700,000,000% | -900,000,000% | -1,400,000,000% | -700,000,000% | -800,000,000% | -900,000,000% | -1,000,000,000% | -800,000,000% | -600,000,000% | -800,000,000% |
| QoQ Change | — | +0.0% | +0.0% | -20.0% | +33.3% | -37.5% | +18.2% | -11.1% | +10.0% | -11.1% | +30.0% | -28.6% | -55.6% | +50.0% | -14.3% | -12.5% | -11.1% | +20.0% | +25.0% | -33.3% |
| YoY Change | — | — | — | — | +20.0% | -10.0% | +10.0% | +16.7% | -12.5% | +9.1% | +22.2% | +10.0% | -55.6% | +30.0% | -14.3% | +0.0% | +28.6% | -14.3% | +25.0% | +11.1% |