MET · 8-K · 20260805PR000048

Regulatory Risk

METLIFE INC · 2026-08-05 · Importance 44 · Surprise 60

MetLife identified the Mexico value-added tax change as a specific factor affecting its Latin America business in the second quarter of 2026. Latin America adjusted earnings were $268 million, up 15% on a reported basis but only 4% on a constant-currency basis, with the VAT change partially offsetting volume growth and favorable market factors. The release did not quantify the tax change’s separate dollar impact.

Key facts

• The total U.S. statutory adjusted capital, on a NAIC basis, is expected to be approximately $16.4 billion at June 30, 2026, up 1% from $16.2 billion at March 31, 2026 source
• The NAIC total includes MetLife, Inc.'s principal U.S. insurance subsidiaries, excluding American Life Insurance Company source