Aflac Accident — Future policy benefits decreased by 2.9% to $640.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $626.00M to $640.00M. Over 2 years (FY 2023 to FY 2025), Accident — Future policy benefits shows relatively stable performance with a 4.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A growing balance is expected as the business scales, but it must be balanced against premium growth to maintain profitability.
The total balance sheet liability representing the present value of future benefits expected to be paid to policyholders...
Standard 'Future Policy Benefits' or 'Policy Reserves' found on the balance sheets of all life and health insurers.
afl_segment_accident_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 | $666.00M | $564.00M | $586.00M | $590.00M | $575.00M | $621.00M | $611.00M | $597.00M | $659.00M | $630.00M | $626.00M | $630.00M | $671.00M | $659.00M | $640.00M |
| QoQ Change | — | -15.3% | +3.9% | +0.7% | -2.5% | +8.0% | -1.6% | -2.3% | +10.4% | -4.4% | -0.6% | +0.6% | +6.5% | -1.8% | -2.9% |
| YoY Change | — | -15.3% | — | — | — | +10.1% | +4.3% | +1.2% | +14.6% | +1.4% | +2.5% | +5.5% | +1.8% | +4.6% | +2.2% |