Products & Services · Cash Surrender Value
Fixed Annuity — Cash Surrender Value
Aflac Fixed Annuity — Cash Surrender Value decreased by 2.8% to $4.94B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $5.42B to $4.94B. Over 2 years (FY 2023 to FY 2025), Fixed Annuity — Cash Surrender Value shows relatively stable performance with a -4.4% CAGR.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026
Rolls up toCash surrender value
How to read this metric
Higher surrender values relative to account balances may indicate lower surrender charges, potentially increasing the risk of policyholder churn.
Detailed definition
This is the amount a policyholder would receive if they were to terminate their annuity contract before its maturity dat...
Peer comparison
Standard 'Cash Surrender Value' metric used across the life and annuity insurance industry.
Metric ID:
afl_segment_fixed_annuity_cash_surrender_valueHistorical Data
14 periods
| 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 | $6.33B | $6.28B | $5.77B | $5.56B | $5.85B | $5.46B | $5.11B | $5.73B | $5.15B | $5.42B | $5.57B | $5.38B | $5.08B | $4.94B |
| QoQ Change | — | -0.7% | -8.1% | -3.6% | +5.1% | -6.7% | -6.4% | +12.3% | -10.2% | +5.2% | +2.7% | -3.3% | -5.5% | -2.8% |
| YoY Change | — | — | — | — | -7.5% | -13.1% | -11.5% | +3.1% | -12.0% | -0.7% | +9.0% | -6.2% | -1.3% | -8.9% |
Range$4.94B – $6.33B
CAGR-7.3%
Avg YoY Growth-4.9%
Median YoY Growth-6.8%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Aflac's fixed annuity — cash surrender value?
- Aflac (AFL) reported fixed annuity — cash surrender value of $4.94B in Q1 2026.
- How has Aflac's fixed annuity — cash surrender value changed year-over-year?
- Aflac's fixed annuity — cash surrender value decreased by 8.9% year-over-year, from $5.42B to $4.94B.
- What is the long-term trend for Aflac's fixed annuity — cash surrender value?
- Over 2 years (2023 to 2025), Aflac's fixed annuity — cash surrender value has grown at a -4.4% compound annual growth rate (CAGR), from $23.47B to $21.45B.
- What does fixed annuity — cash surrender value mean?
- The amount of cash a policyholder can receive if they cancel their annuity contract today.