Discontinued — last reported Q3 '24
Products & Services · Assumed premiums earned
Other Insurance Product Line — Assumed premiums earned
Aflac Other Insurance Product Line — Assumed premiums earned decreased by 8.3% to $11.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 38.9%, from $18.00M to $11.00M. Over 2 years (FY 2021 to FY 2023), Other Insurance Product Line — Assumed premiums earned shows a downward trend with a -14.7% CAGR.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2024
How to read this metric
An increase indicates growth in assumed reinsurance business, which can diversify revenue but also introduces external underwriting risk.
Detailed definition
This represents premiums earned by the 'All other' segment from assuming insurance risk from other insurance companies....
Peer comparison
Comparable to 'Assumed Premiums' or 'Inward Reinsurance Premiums' reported by diversified insurance groups.
Metric ID:
afl_segment_all_other_assumed_premiums_earnedHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $30.00M | $27.00M | $31.00M | $40.00M | $40.00M | $35.00M | $36.00M | $23.00M | $23.00M | $18.00M | $19.00M | $14.00M | $12.00M | $11.00M |
| QoQ Change | — | -10.0% | +14.8% | +29.0% | +0.0% | -12.5% | +2.9% | -36.1% | +0.0% | -21.7% | +5.6% | -26.3% | -14.3% | -8.3% |
| YoY Change | — | — | — | — | +33.3% | +29.6% | +16.1% | -42.5% | -42.5% | -48.6% | -47.2% | -39.1% | -47.8% | -38.9% |
Range$11.00M – $40.00M
CAGR-26.6%
Avg YoY Growth-22.8%
Median YoY Growth-40.8%
Current Streak3 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Aflac's other insurance product line — assumed premiums earned?
- Aflac (AFL) reported other insurance product line — assumed premiums earned of $11.00M in Q3 2024.
- How has Aflac's other insurance product line — assumed premiums earned changed year-over-year?
- Aflac's other insurance product line — assumed premiums earned decreased by 38.9% year-over-year, from $18.00M to $11.00M.
- What is the long-term trend for Aflac's other insurance product line — assumed premiums earned?
- Over 2 years (2021 to 2023), Aflac's other insurance product line — assumed premiums earned has grown at a -14.7% compound annual growth rate (CAGR), from $114.00M to $83.00M.
- What does other insurance product line — assumed premiums earned mean?
- Premiums earned by the 'All other' segment from taking on insurance risk from other companies.