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Aflac AFL Aflac U.S. — Benefits and claims, excluding reserve remeasurement

Other segment segments

Aflac Japan
$1.04B-8.4%

Similar metrics at other companies

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GLUnited American — Policyholder benefits net of remeasurement gains (losses)
$1.92M+150%
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AIGU.S. Excess Casualty — Incurred losses and allocated loss adjustment expenses, undiscounted and net of reinsurance
$6.22B+372%
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HMNLife & Retirement — Benefits and claims expenses (excluding catastrophe losses)
$31.5M-13.9%
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AIGU.S. Financial Lines — Prior Year Claims And Claims Adjustment Expense After Re-Attribution Of ADC Recovery And Amortization Of Amortization On Retroactive Reinsurance At Inception
-$16.25M-51.2%
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UNMUnum US — Benefits and Change in Reserves for Future Benefits
$1.13B-1.0%
American International Group logo
AIGU.S. Excess Casualty — Cumulative Paid Losses and Allocated Loss Adjustment Expenses, Net of Reinsurance
$3.52B+309%

Other financials

Income statement

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Revenue$4.3B+27.9%
Net income$1.0B+3,414%
EPS (diluted)$1.98+3,860%

Balance sheet

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Cash & equivalents$5.7B+8.1%
Total debt$8.0B+1.8%
Total equity$30.0B+13.8%
Total assets$116.28B-3.3%

Cash flow

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Operating cash flow$968.0M+64.3%

Valuation

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Market cap$60.18B+7.8%
Enterprise value$62.52B+6.9%
P/E13×-2.6×
P/S3.3×0.0×

Profitability

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Net margin25.6%+4.3pp

Returns & leverage

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Return on equity16.5%+2.1pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept afl:PolicyholderBenefitsAndClaimsIncurredExcludingReserveRemeasurementGainLoss.

The official record: Aflac’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aflac's aflac U.S. — benefits and claims, excluding reserve remeasurement?
Aflac (AFL) reported aflac U.S. — benefits and claims, excluding reserve remeasurement of $770M in Q1 2026.
How has Aflac's aflac U.S. — benefits and claims, excluding reserve remeasurement changed year-over-year?
Aflac's aflac U.S. — benefits and claims, excluding reserve remeasurement increased by 5.3% year-over-year, from $731M to $770M.
What is the long-term trend for Aflac's aflac U.S. — benefits and claims, excluding reserve remeasurement?
Over 3 years (2022 to 2025), Aflac's aflac U.S. — benefits and claims, excluding reserve remeasurement has grown at a 3.5% compound annual growth rate (CAGR), from $2.68B to $2.97B.
What does aflac U.S. — benefits and claims, excluding reserve remeasurement mean?
This measures the cash outflows related to policyholder claims and benefits, excluding accounting adjustments for reserve changes. It reflects the underlying operational cost of the insurance products provided.