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Products & Services · Effect of changes in discount rate assumptions

Accident — Effect of changes in discount rate assumptions

Aflac Accident — Effect of changes in discount rate assumptions decreased by 32.1% to -$148M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from -$160M to -$148M. Over 2 years (FY 2023 to FY 2025), Accident — Effect of changes in discount rate assumptions shows an upward trend with a -18.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ4 2020
Last reportedQ1 2026May 6, 2026

How to read this metric

An increase in liabilities due to lower discount rates signals higher future cost pressure, while a decrease signals improved liability valuation.

Detailed definition

The change in the present value of future policy benefit liabilities resulting from updates to the discount rate assumpt...

Peer comparison

Standard under LDTI (Long-Duration Targeted Improvements) accounting standards for insurance companies.

Metric ID: afl_segment_accident_effect_of_changes_in_discount_rate_assumptions

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$284M-$226M-$173M-$201M-$283M-$142M-$173M-$197M-$96M-$190M-$160M-$143M-$113M-$112M-$148M
QoQ Change-179.6%+23.5%-16.2%-40.8%+49.8%-21.8%-13.9%+51.3%-97.9%+15.8%+10.6%+21.0%+0.9%-32.1%
YoY Change-179.6%+37.2%+0.0%+2.0%+66.1%-33.8%+7.5%+27.4%-17.7%+41.1%+7.5%
Range-$283M$284M
CAGR-17.0%
Avg YoY Growth-3.9%
Median YoY Growth+7.5%

Frequently Asked Questions

What is Aflac's accident — effect of changes in discount rate assumptions?
Aflac (AFL) reported accident — effect of changes in discount rate assumptions of -$148M in Q1 2026.
How has Aflac's accident — effect of changes in discount rate assumptions changed year-over-year?
Aflac's accident — effect of changes in discount rate assumptions increased by 7.5% year-over-year, from -$160M to -$148M.
What is the long-term trend for Aflac's accident — effect of changes in discount rate assumptions?
Over 2 years (2023 to 2025), Aflac's accident — effect of changes in discount rate assumptions has grown at a -18.7% compound annual growth rate (CAGR), from -$799M to -$528M.
What does accident — effect of changes in discount rate assumptions mean?
The impact on insurance liabilities caused by changing the interest rate used to calculate their present value.