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Aflac AFL Disability — Benefits and Expenses

Discontinued — last reported Q1 '23

Similar metrics at other companies

Principal Financial Group logo
PFGIndividual Disability — Liability For Future Policy Benefits
$1.98B+4.6%
Principal Financial Group logo
PFGIndividual Disability — Liability For Future Policy Benefit Expected Future Policy Benefit Undiscounted Before Reinsurance
$10B+1.4%
Unum logo
UNMIndividual Disability — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
310,890,000,000%-3,000,000,000pp
Unum logo
UNMGroup Disability — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
452,000,000,000%-20,860,000,000pp
Unum logo
UNMIndividual Disability — Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment
$75.5M+1.3%
Ameriprise Financial logo
AMPDisability Income Insurance — Reserve for future policy benefits
$453M-7.6%

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 afl:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitDiscountedBeforeReinsurance.

The official record: Aflac’s 10-Q, filed May 1, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aflac's disability — benefits and expenses?
Aflac (AFL) reported disability — benefits and expenses of $2.5B in Q1 2023.
What does disability — benefits and expenses mean?
The total estimated future cost of paying out claims for the disability insurance segment.
How do you interpret disability — benefits and expenses?
An increase relative to premiums may signal rising claim costs or deteriorating underwriting performance, while a decrease suggests improved efficiency or lower expected claim severity.
How does disability — benefits and expenses compare across companies?
Comparable to 'Liability for Future Policy Benefits' or 'Insurance Contract Liabilities' at other life and health insurers.