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Aflac AFL Aflac U.S. — Unearned premiums

Other segment segments

Aflac Japan
$1.25B+3.8%
Corporate and other
-$11M-150%

Similar metrics at other companies

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RDNUnearned premiums
$856.06M+378%
First American Financial logo
FAFUnearned premiums
$199.3M+1.6%
Corebridge Financial logo
CRBGLife Insurance — Unearned Premiums
$5M0.0%
BH
BHUnearned premiums
$18.52M+1.9%
MGIC Investment Corp. logo
MTGUnearned premiums
$92.61M-17.3%
The Travelers Companies logo
TRVUnearned premiums
$22.77B+0.2%

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 us-gaap:UnearnedPremiums.

The official record: Aflac’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aflac's aflac U.S. — unearned premiums?
Aflac (AFL) reported aflac U.S. — unearned premiums of $97M in Q4 2025.
How has Aflac's aflac U.S. — unearned premiums changed year-over-year?
Aflac's aflac U.S. — unearned premiums decreased by 5.8% year-over-year, from $103M to $97M.
What does aflac U.S. — unearned premiums mean?
This represents the portion of premiums collected by the U.S. segment for which the insurance coverage period has not yet expired. It is treated as a liability because the company has an obligation to provide coverage for the remainder of the policy term. It serves as a leading indicator of future revenue recognition.