Aflac Fixed Annuity — Policyholder Account Balance decreased by 2.9% to $5.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $5.49B to $5.01B. Over 2 years (FY 2023 to FY 2025), Fixed Annuity — Policyholder Account Balance shows relatively stable performance with a -4.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growth in the annuity business and long-term liability accumulation, while a decrease may signal contract maturity or reduced new business volume.
This represents the total liability amount held by the insurer for fixed annuity contracts. It reflects the cumulative v...
Standard liability metric for life and annuity insurers, comparable to 'Annuity Reserves' or 'Account Value' at peers.
afl_segment_fixed_annuity_policyholder_account_balance| 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 | $7.41B | $6.42B | $6.38B | $5.86B | $5.65B | $5.94B | $5.54B | $5.18B | $5.81B | $5.22B | $5.49B | $5.64B | $5.46B | $5.15B | $5.01B |
| QoQ Change | — | -13.3% | -0.7% | -8.0% | -3.6% | +5.1% | -6.8% | -6.5% | +12.2% | -10.2% | +5.2% | +2.7% | -3.3% | -5.6% | -2.9% |
| YoY Change | — | -13.3% | — | — | — | -7.5% | -13.1% | -11.7% | +2.9% | -12.1% | -0.8% | +8.9% | -6.2% | -1.3% | -8.9% |