Current Liabilities
Unearned premiums
Aflac Unearned premiums decreased by 0.4% to $1.32B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.9%, from $1.36B to $1.32B. Over 5 years (FY 2020 to FY 2025), Unearned premiums shows a downward trend with a -18.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase typically signals growth in new business or policy renewals, while a decrease suggests a contraction in the active policy portfolio.
Detailed definition
This liability represents the portion of insurance premiums collected in advance that corresponds to the unexpired term...
Peer comparison
Standard across all insurance carriers; peers are compared based on the ratio of unearned premiums to total written premiums.
Metric ID:
ins_unearned_premiumsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | 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 | $3.01B | $2.81B | $2.58B | $2.32B | $1.97B | $1.76B | $1.83B | $1.74B | $1.54B | $1.45B | $1.45B | $1.32B | $1.22B | $1.41B | $1.29B | $1.36B | $1.38B | $1.35B | $1.32B | $1.32B |
| QoQ Change | — | -6.4% | -8.5% | -10.0% | -15.0% | -10.6% | +3.5% | -4.5% | -11.4% | -6.3% | +0.3% | -8.9% | -8.0% | +15.6% | -8.5% | +5.5% | +1.5% | -2.0% | -1.9% | -0.4% |
| YoY Change | — | — | — | — | -34.4% | -37.3% | -29.2% | -24.8% | -21.7% | -17.9% | -20.5% | -24.2% | -21.2% | -2.8% | -11.4% | +2.6% | +13.2% | -4.1% | +2.9% | -2.9% |
Range$1.22B – $3.01B
CAGR-15.9%
Avg YoY Growth-14.6%
Median YoY Growth-19.2%
Current Streak3 quarters decline
Business Segments
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Aflac Japan | $2.47B | $1.72B | $1.36B | $1.20B | $1.25B |
| Aflac U.S. | $111.00M | $113.00M | $107.00M | $103.00M | $97.00M |
| Total | $2.58B | $1.83B | $1.45B | $1.29B | $1.32B |
Unearned premiums at Other Companies
Frequently Asked Questions
- What is Aflac's unearned premiums?
- Aflac (AFL) reported unearned premiums of $1.32B in Q1 2026.
- How has Aflac's unearned premiums changed year-over-year?
- Aflac's unearned premiums decreased by 2.9% year-over-year, from $1.36B to $1.32B.
- What is the long-term trend for Aflac's unearned premiums?
- Over 5 years (2020 to 2025), Aflac's unearned premiums has grown at a -18.1% compound annual growth rate (CAGR), from $3.60B to $1.32B.
- What does unearned premiums mean?
- Premiums collected for insurance coverage that has not yet been provided.