Discontinued — last reported Q4 '23

Products & Services · Net premium income

Accident — Net premium income

Aflac Accident — Net premium income decreased by 2.8% to $311.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $324.00M to $311.00M. Over 2 years (FY 2021 to FY 2023), Accident — Net premium income shows relatively stable performance with a -3.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2023

How to read this metric

An increase suggests growth in policy sales or higher premium pricing, while a decrease may indicate market share loss or reduced demand.

Detailed definition

This represents the total revenue generated from accident insurance policies within a specific business segment after ac...

Peer comparison

Standard across insurance peers as Net Written or Net Earned Premiums for specific product lines.

Metric ID: afl_segment_accident_net_premium_income

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$340.50M$340.50M$340.50M$337.00M$329.00M$324.00M$324.00M$329.00M$322.00M$320.00M$311.00M
QoQ Change+0.0%+0.0%-1.0%-2.4%-1.5%+0.0%+1.5%-2.1%-0.6%-2.8%
YoY Change-3.4%-4.8%-4.8%-2.4%-2.1%-1.2%-4.0%
Range$311.00M$340.50M
CAGR-3.6%
Avg YoY Growth-3.3%
Median YoY Growth-3.4%
Current Streak3 quarters decline

Frequently Asked Questions

What is Aflac's accident — net premium income?
Aflac (AFL) reported accident — net premium income of $311.00M in Q4 2023.
How has Aflac's accident — net premium income changed year-over-year?
Aflac's accident — net premium income decreased by 4.0% year-over-year, from $324.00M to $311.00M.
What is the long-term trend for Aflac's accident — net premium income?
Over 2 years (2021 to 2023), Aflac's accident — net premium income has grown at a -3.0% compound annual growth rate (CAGR), from $1.36B to $1.28B.
What does accident — net premium income mean?
The total revenue earned from accident insurance policies after reinsurance costs.