MET · 8-K · 20260805PR000048
Segment Revenue Performance
METLIFE INC · 2026-08-05 · Importance 41 · Surprise 48 · From source text
Group Benefits adjusted earnings increased 25% to $503 million, while adjusted PFOs rose 1% to $6.512 billion and PFOs excluding participating contracts rose 4% to $5.054 billion. Retirement and Income Solutions adjusted PFOs increased 28% to $1.769 billion, or 19% excluding PRT to $1.259 billion, driven mainly by U.K. longevity reinsurance and structured settlement sales, while adjusted earnings increased 2% to $377 million. Asia adjusted earnings rose 21% to $420 million, with sales up 17% on a constant-currency basis to $794 million. Latin America adjusted earnings increased 15% to $268 million and adjusted PFOs increased 16% to $1.899 billion; EMEA adjusted PFOs rose 12% to $806 million; and MIM adjusted earnings increased 6% to $57 million.
Key facts
- Group Benefits adjusted premiums, fees and other revenues, excluding participating contracts: $5,054 and $4,875 source
- Group Benefits adjusted premiums, fees and other revenues: $6,512 and $6,446 source
- Group Benefits adjusted PFOs for 2Q 2026: $6,512 million source
- RIS adjusted premiums, fees and other revenues: $1,769 and $1,382 source
- Latin America adjusted premiums, fees and other revenues: $1,899 and $1,634 source
- EMEA adjusted premiums, fees and other revenues: $806 and $719 source
- EMEA adjusted premiums, fees and other revenues, on a constant currency basis: $806 and $717 source
- RIS adjusted premiums, fees and other revenues, excluding PRT: $1,259 and $1,054 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +2.0% | RIS adjusted premiums, fees and other revenues: $1,769 and $1,382 |
| revenue | positive | realized | +1.4% | Latin America adjusted premiums, fees and other revenues: $1,899 and $1,634 |
| revenue | positive | realized | +1.1% | RIS adjusted premiums, fees and other revenues, excluding PRT: $1,259 and $1,054 |
| revenue | positive | realized | +0.9% | Group Benefits adjusted premiums, fees and other revenues, excluding participating contracts: $5,054 and $4,875 |
| revenue | positive | realized | +0.6% | Latin America adjusted premiums, fees and other revenues, on a constant currency basis: $1,899 and $1,789 |
| revenue | positive | realized | +0.5% | EMEA adjusted premiums, fees and other revenues, on a constant currency basis: $806 and $717 |
| revenue | negative | realized | -0.4% | Corporate & Other adjusted premiums, fees and other revenues: $523 and $602 |
| revenue | positive | realized | +0.3% | Group Benefits adjusted premiums, fees and other revenues: $6,512 and $6,446 |
| revenue | positive | realized | — | Group Benefits adjusted PFOs for 2Q 2026: $6,512 million |