Non-Current Liabilities

Policyholders' account balances

MetLife Policyholders' account balances increased by 1.3% to $239.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $225.62B to $239.84B. Over 4 years (FY 2020 to FY 2025), Policyholders' account balances shows an upward trend with a 2.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
Categoryliability
SignalContext dependent
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026

How to read this metric

An increase typically indicates growth in the company's interest-sensitive insurance business and a larger base of assets under management, while a decrease may signal product maturity, higher surrender rates, or a shift in product strategy.

Detailed definition

Policyholders' account balances represent the total liability for funds held on behalf of policyholders in connection wi...

Peer comparison

This is a standard line item for life and multi-line insurers, often compared against total assets under management or total insurance reserves to assess leverage and product mix.

Metric ID: non_current_liabilities_policyholder_funds

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$210.60B$212.57B$214.41B$213.93B$219.27B$219.17B$219.54B$224.61B$221.45B$225.62B$232.43B$235.31B$236.86B$239.84B
QoQ Change+0.9%+0.9%-0.2%+2.5%-0.0%+0.2%+2.3%-1.4%+1.9%+3.0%+1.2%+0.7%+1.3%
YoY Change+4.1%+3.1%+2.4%+5.0%+1.0%+2.9%+5.9%+4.8%+7.0%+6.3%
Range$210.60B$239.84B
CAGR+4.1%
Avg YoY Growth+4.2%
Median YoY Growth+4.4%
Current Streak5 quarters growth

Product Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Universal and Variable Universal Life$49.23B$51.76B$50.80B$51.96B$53.56B$54.67B$54.37B$54.81B
Fixed Annuity$48.38B$49.18B$48.56B$49.16B$51.04B$52.16B$49.57B$50.14B
Total$219.54B$224.61B$221.45B$225.62B$232.43B$235.31B$236.86B$239.84B

Frequently Asked Questions

What is MetLife's policyholders' account balances?
MetLife (MET) reported policyholders' account balances of $239.84B in Q1 2026.
How has MetLife's policyholders' account balances changed year-over-year?
MetLife's policyholders' account balances increased by 6.3% year-over-year, from $225.62B to $239.84B.
What is the long-term trend for MetLife's policyholders' account balances?
Over 4 years (2020 to 2025), MetLife's policyholders' account balances has grown at a 2.8% compound annual growth rate (CAGR), from $211.74B to $236.86B.
What does policyholders' account balances mean?
The total amount of money the insurance company owes to policyholders for interest-sensitive insurance products.