Aflac Other — Future policy benefits decreased by 5.6% to $3.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.7%, from $3.88B to $3.23B. Over 2 years (FY 2023 to FY 2025), Other — Future policy benefits shows a downward trend with a -10.8% CAGR.
A growing balance is expected as the business grows, but excessive growth relative to premiums may indicate poor underwriting or reserve strengthening.
The total balance sheet liability representing the present value of future insurance benefits for the 'Other' segment. T...
Equivalent to 'Policy Reserves' or 'Future Policy Benefit Liabilities' across the insurance sector.
afl_segment_other_future_policy_benefits| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.42B | $4.84B | $5.04B | $4.75B | $4.29B | $4.61B | $4.29B | $3.85B | $4.39B | $3.84B | $3.88B | $3.86B | $3.70B | $3.42B | $3.23B |
| QoQ Change | — | -24.6% | +4.2% | -5.8% | -9.6% | +7.4% | -7.0% | -10.3% | +14.1% | -12.5% | +1.0% | -0.5% | -4.1% | -7.6% | -5.6% |
| YoY Change | — | -24.6% | — | — | — | -4.7% | -14.9% | -19.0% | +2.2% | -16.7% | -9.4% | +0.4% | -15.6% | -10.9% | -16.7% |