v3.26.1
Related Party Disclosures
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure
19. Related Party Transactions
In 2025, the Company invested in Chariot Holding Company, LP (“Chariot”), a Bermuda registered exempted limited partnership. The Company had unfunded contingent capital commitments to Chariot of $94 million at both March 31, 2026 and December 31, 2025. The Company accounts for its investment in Chariot under the equity method of accounting.
premiums, reinsurance and other receivables of $10.2 billion and $9.8 billion and a funds withheld liability of $10.6 billion and $10.5 billion within other liabilities at March 31, 2026 and December 31, 2025, respectively. The Company also recorded net derivative gains of $106 million, other revenues of $39 million, policyholder benefits and claims of ($74) million and other expenses of $92 million for the three months ended March 31, 2026.
In addition, MetLife Investment Management, LLC has entered into investment management and advisory agreements with Chariot Re to manage a portion of Chariot Re’s assets. The Company recognized asset management fees from Chariot Re of $6 million for the three months ended March 31, 2026.