Non-Current Liabilities

Future policy benefits

Analysis

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

How to read this metric

An increase reflects growth in the long-term insurance book of business, but also represents a rising long-term financial obligation.

Detailed definition

The actuarial estimate of the present value of future benefits payable to policyholders, net of future premiums. This is...

Peer comparison

Highly comparable across life and supplemental health insurers; sensitive to interest rate assumptions.

Metric ID: ins_future_policy_benefits

Product Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Pension Risk Transfer$24.22B$25.55B$24.96B$25.76B$26.00B$26.62B$27.35B$26.78B
Individual Disability$1.81B$2.02B$1.83B$1.89B$1.92B$2.01B$1.99B$1.98B
Term Life Insurance$1.10B$1.28B$1.25B$1.30B$1.35B$1.48B$1.52B$1.52B
Total

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Segment Retirement And Income Solutions$28.85B$30.32B$29.46B$30.25B$30.45B$31.06B$31.72B$31.02B
Segment Benefits And Protection$2.92B$3.30B$3.08B$3.19B$3.26B$3.49B$3.51B$3.50B
Total

Frequently Asked Questions

What does future policy benefits mean?
The amount of money the insurer expects to pay out for long-term insurance policies in the future.