Aflac Disability — Effect of change in discount rate assumptions decreased by 47.7% to -$96.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from -$109.00M to -$96.00M. Over 2 years (FY 2023 to FY 2025), Disability — Effect of change in discount rate assumptions shows an upward trend with a -29.7% CAGR.
A positive impact indicates a reduction in liability valuation due to higher discount rates, while a negative impact suggests increased liability requirements due to lower rates.
This metric quantifies the impact on the valuation of future policy benefit liabilities resulting from adjustments to th...
Standard actuarial sensitivity disclosure for insurance companies under GAAP/IFRS accounting standards.
afl_segment_disability_effect_of_change_in_discount_rate_assumptions| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $201.00M | -$191.00M | -$149.00M | -$176.00M | -$233.00M | -$119.00M | -$141.00M | -$157.00M | -$66.00M | -$136.00M | -$109.00M | -$93.00M | -$68.00M | -$65.00M | -$96.00M |
| QoQ Change | — | -195.0% | +22.0% | -18.1% | -32.4% | +48.9% | -18.5% | -11.3% | +58.0% | -106.1% | +19.9% | +14.7% | +26.9% | +4.4% | -47.7% |
| YoY Change | — | -195.0% | — | — | — | +37.7% | +5.4% | +10.8% | +71.7% | -14.3% | +22.7% | +40.8% | -3.0% | +52.2% | +11.9% |