Non-Current Liabilities

Total Policy Liabilities

Aflac Total Policy Liabilities decreased by 4.0% to $66.78B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 15.3%, from $78.83B to $66.78B. Over 5 years (FY 2020 to FY 2025), Total Policy Liabilities shows a downward trend with a -9.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

Reflects the scale of the company's long-term insurance obligations and the potential impact of interest rate changes on the balance sheet.

Detailed definition

The sum of all long-term obligations owed to policyholders, including future policy benefits and other long-term insuran...

Peer comparison

Standard aggregate metric for life and health insurers to measure long-term liability exposure.

Metric ID: non_current_liabilities_total_policy_liabilities

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$108.29B$107.44B$105.07B$99.64B$90.62B$86.54B$93.26B$99.93B$93.81B$86.03B$91.60B$85.36B$77.35B$87.55B$77.51B$78.83B$78.90B$74.74B$69.58B$66.78B
QoQ Change-0.8%-2.2%-5.2%-9.1%-4.5%+7.8%+7.2%-6.1%-8.3%+6.5%-6.8%-9.4%+13.2%-11.5%+1.7%+0.1%-5.3%-6.9%-4.0%
YoY Change-16.3%-19.5%-11.2%+0.3%+3.5%-0.6%-1.8%-14.6%-17.5%+1.8%-15.4%-7.7%+2.0%-14.6%-10.2%-15.3%
Range$66.78B$108.29B
CAGR-9.7%
Avg YoY Growth-8.6%
Median YoY Growth-10.7%
Current Streak3 quarters decline

Frequently Asked Questions

What is Aflac's total policy liabilities?
Aflac (AFL) reported total policy liabilities of $66.78B in Q1 2026.
How has Aflac's total policy liabilities changed year-over-year?
Aflac's total policy liabilities decreased by 15.3% year-over-year, from $78.83B to $66.78B.
What is the long-term trend for Aflac's total policy liabilities?
Over 5 years (2020 to 2025), Aflac's total policy liabilities has grown at a -9.5% compound annual growth rate (CAGR), from $114.39B to $69.58B.
What does total policy liabilities mean?
The total amount of long-term money the insurance company owes to its policyholders.