4Q22 Supplemental Slides
4Q22 Supplemental Slides and Outlook1
Chief Financial Officer
- These slides highlight information in
MetLife, Inc.'s earnings release, quarterly financial supplement and other prior public disclosures.
Table of contents
|
Topic |
Page No. |
||
|
Direct expense ratio |
7 |
||
|
Cash & capital |
8 |
||
|
Outlook |
9 |
||
|
Appendix |
14 |
||
2
Net income (loss) to adjusted earnings
|
4Q22 |
||
|
(post-tax) |
$ in millions |
$ per share1 |
|
Net Income (Loss) |
|
|
|
Less: |
FY22
$ in millions $ per share1
Net Investment Gains (Losses)
Net Derivative Gains (Losses)2
Investment Hedge Adjustments
Actuarial Assumption Review2,3
Other2
Adjusted Earnings
Less Notable Items:
Actuarial Assumption Review3
Adjusted Earnings ex. Total Notable Items
|
280 |
0.35 |
|
128 |
0.16 |
|
(219) |
(0.28) |
|
- |
- |
|
(101) |
(0.13) |
|
|
|
--
|
(997) |
(1.23) |
|
(1,601) |
(1.98) |
|
(771) |
(0.95) |
|
20 |
0.02 |
|
158 |
0.20 |
|
|
|
1110.14
|
1The per share data for each item is calculated on a standalone basis and may not sum to the total. 2The full year 2022 Actuarial Assumption Review line item reflecting |
3 |
|
million of after-tax gains includes |
Derivative Gains (Losses) or Other line items. 3Includes other insurance adjustments.
Adjusted earnings, ex. total notable items, by segment
($ in millions - post-tax)
4Q22
4Q21
% Change
- Change (
Constant Rate )
|
|
|
|
Favorable |
Unfavorable |
|
Group Benefits |
|
|
NM2 |
Underwriting Margins; |
Expense Margins |
|
|
Volume Growth |
||||||
|
Retirement and Income Solutions |
371 |
620 |
(40%) |
Investment Margins |
||
|
|
771 |
640 |
20% |
|||
|
|
215 |
586 |
(63%) |
(62%) |
Investment Margins; |
|
|
Taxes |
||||||
|
|
181 |
125 |
45% |
51% |
Underwriting Margins; |
|
|
Volume Growth |
||||||
|
EMEA |
70 |
42 |
67% |
112% |
Underwriting Margins |
Expense Margins |
|
|
208 |
482 |
(57%) |
Investment Margins |
||
|
Corporate & Other |
(219) |
(177) |
Expenses |
Taxes; |
||
|
Investment Margins |
||||||
|
Adjusted Earnings ex. Total Notable Items |
|
|
(28%) |
(26%) |
||
|
Adjusted EPS ex. Total Notable Items |
|
|
(23%) |
(21%) |
|
1To be discussed on |
4 |
2022 VII below guidance1driven by lower private equity returns
($ in millions - pre-tax)
|
( |
|||||||||
|
1Q22 |
2Q22 |
3Q22 |
4Q22 |
FY22 |
|||||
|
Private Equity |
Other |
|
1Quarterly VII range of |
5 |
Attachments
Disclaimer



MetLife Among the World’s Most Admired Companies, According to Fortune Magazine
MetLife Among the World's Most Admired Companies, According to Fortune Magazine [Business Wire India]
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