64/ 100
Capital adequacy — cross-regime normalized
Adequate
Reported under US RBC — normalized to a common 0–100 band so US, Canadian and European insurers compare like-for-like. Open methodology; see sourcing below.
Capital & Solvency
| Capital adequacy (normalized) | Adequate (64/100) |
| RBC ratio | 380% |
| Statutory surplus | $18.0B |
| Total adjusted capital | $24.5B |
| Prism ratio (avail/target) | 2.55x |
| Regulatory action level | none |
Curated from public statutory filings (point-in-time). Live refresh pending.
Financial Strength Ratings
| AM BEST | A++ | Stable |
| SP | AA- | Stable |
| MOODYS | Aa3 | Stable |
| FITCH | A+ | Stable |
| Composite | AA | 87/100 |
Curated public rating actions, late-2024/2025.
Reinsurance & capital structurehow reserve risk is financed
MetLife discloses 6 affiliated reinsurance captives (Bermuda, South Carolina, Vermont, Cayman Islands), including the newly formed CHARIOT REINSURANCE, LTD.. Its capital adequacy is Adequate (64/100, RBC 380%). Affiliated captives are a common reserve-financing tool (e.g. XXX/AXXX term- and universal-life reserves); read capital strength alongside how much reserve risk is financed through these vehicles.
Affiliated reinsurance captives
6
Bermuda · 3South Carolina · 1Vermont · 1Cayman Islands · 1
⚑ New: CHARIOT REINSURANCE, LTD.
Affiliated captives from the Exhibit 21 entity list; external cedants from the firm's counterparty map; capital from public statutory/regulatory filings. Indicative.