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Aflac AFL Critical care — Net premium income

Discontinued — last reported Q4 '23

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ALLAccident and health insurance — Life and Annuity Premiums and Contract Charges, Net of Reinsurance Ceded
$236.5M-50.8%

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$58.77B-6.9%
Enterprise value$61.11B-7.0%
P/E12.7×-4.9×
P/S3.2×-0.5×

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:PremiumsEarnedNet.

The official record: Aflac’s 10-K, filed February 22, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aflac's critical care — net premium income?
Aflac (AFL) reported critical care — net premium income of $426M in Q4 2023.
How has Aflac's critical care — net premium income changed year-over-year?
Aflac's critical care — net premium income decreased by 1.8% year-over-year, from $434M to $426M.
What is the long-term trend for Aflac's critical care — net premium income?
Over 2 years (2021 to 2023), Aflac's critical care — net premium income has grown at a -1.5% compound annual growth rate (CAGR), from $1.8B to $1.74B.
What does critical care — net premium income mean?
The total revenue earned from critical care insurance policies after accounting for reinsurance costs.
How do you interpret critical care — net premium income?
An increase suggests successful product adoption, effective sales distribution, or premium rate adjustments, while a decrease may indicate competitive pressure, market saturation, or a strategic shift in product focus.
How does critical care — net premium income compare across companies?
Comparable to 'Net Premiums Earned' or 'Segment Revenue' reported by other life and health insurance companies for specific product lines.