What is Aflac's critical care — issuances?

Aflac (AFL) reported critical care — issuances of $85M in Q2 2026.

How has Aflac's critical care — issuances changed year-over-year?

Aflac's critical care — issuances decreased by 11.5% year-over-year, from $96M to $85M.

What is the long-term trend for Aflac's critical care — issuances?

Over 4 years (2021 to 2025), Aflac's critical care — issuances has grown at a -2.8% compound annual growth rate (CAGR), from $563M to $503M.

What does critical care — issuances mean?

The total value of new insurance policies issued within the critical care segment during the period. This represents the gross volume of new business written before accounting for cancellations or lapses.

Aflac (AFL) Critical care — Issuances

Screener

Other product segments

Life insurance

$166M+13.7%

Medical and other health

$154M+117%

Other

$122M+62.7%

Disability

$71M-10.1%

Accident

$58M-3.3%

Hospital indemnity

$41M+2.5%

Dental/vision

$10M-28.6%

Similar metrics at other companies

PRULong- Term Care — Issuances

$0—

CNOLong-term care — Issuances

$44.6M+8.5%

AMPLong Term Care Insurance — Issuances

$0—

GNWLong- term care insurance — Issuances

$0—

EQHHealth — Issuances

$0—

EQHPayout — Issuances

$193M-2.0%

Other financials

Income statement

See full

Revenue$4.1B-1.0%

Net income$825.0M+37.7%

EPS (diluted)$1.63+46.8%

Balance sheet

See full

Cash & equivalents$6.1B-12.1%

Total debt$8.8B-2.4%

Total equity$30.3B+11.4%

Total assets$115.96B-7.0%

Cash flow

See full

Operating cash flow$112.0M-71.9%

Valuation

See full

Market cap$63.91B+16.8%

Enterprise value$66.6B+17.3%

P/E13.1×-9.3×

P/S3.5×+0.1×

Profitability

See full

Net margin26.9%+11.6pp

Returns & leverage

See full

Return on equity16.9%+7.8pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitIssuance.

The source filing: Aflac’s 10-Q, filed August 7, 2026.

Filed: Aug 7, 2026, 9:18 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001628280-26-054618

(In millions)	Aflac Japan / Cancer	Aflac Japan / Medicaland Other Health	Aflac Japan / Life Insurance	Aflac Japan / Other	Aflac U.S. / Accident	Aflac U.S. / Disability	Aflac U.S. / Critical Care	Aflac U.S. / Hospital Indemnity	Aflac U.S. / Dental/Vision	Aflac U.S. / Life Insurance	Aflac U.S. / Other
Effect of changes in cash flow assumptions	0	0	0	0	0	0	0	0	0	0	0
Effect of actual variances from expected experience	(277)	(187)	(46)	(13)	(40)	9	(46)	(12)	(4)	(39)	(48)
Adjusted beginning of period balance	36,161	21,792	25,670	4,745	3,308	2,410	11,766	2,059	454	2,249	2,256
Issuances	428	169	169	3	174	186	300	136	24	182	595
Interest accrual	602	265	265	43	69	50	256	44	10	48	73
Benefit payments	(1,264)	(485)	(1,080)	(108)	(251)	(238)	(489)	(159)	(30)	(57)	(133)
Foreign currency translation	(1,293)	(782)	(903)	(168)	0	0	0	0	0	0	0
Other	0	0	0	0	0	0	0	0	0	0	0

Item 1. Financial Statements (Unaudited)

FAQ

What is Aflac's critical care — issuances?: Aflac (AFL) reported critical care — issuances of $85M in Q2 2026.
How has Aflac's critical care — issuances changed year-over-year?: Aflac's critical care — issuances decreased by 11.5% year-over-year, from $96M to $85M.
What is the long-term trend for Aflac's critical care — issuances?: Over 4 years (2021 to 2025), Aflac's critical care — issuances has grown at a -2.8% compound annual growth rate (CAGR), from $563M to $503M.
What does critical care — issuances mean?: The total value of new insurance policies issued within the critical care segment during the period. This represents the gross volume of new business written before accounting for cancellations or lapses.