# Reading an insurer

Informational only - not investment advice.

Book: [Reading Financial Data - Step by Step](/guide/)
Chapter: [Reading different kinds of companies](/guide/company-types/)
As of: 2026-02-19

An insurer's statements combine insurance activity with a large investment balance sheet.

## Concept

Insurer revenue can include premiums, fees, and investment income. Assets often include investments that support policy obligations.

## Worked Example: Read MetLife as an insurer

1. MET latest reported revenue was $77.1 billion for fiscal 2025.
2. MET assets were $745.2 billion.
3. MET net income was $3.4 billion, and ROA was 0.45%.
4. The same line labels appear on many company pages, but the business model tells you what those labels are measuring.

## See it live

- [MET company page](/company/MET/)

## Sources

- [MET SEC companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0001099219.json)
- [MET latest 10-K source](https://www.sec.gov/Archives/edgar/data/1099219/000109921926000013/met-20251231.htm)