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Aflac AFL Hospital indemnity — Net premium income

Discontinued — last reported Q4 '23

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GLHealth — Supplementary Insurance Information Premium Revenue
$287.8M+6.9%

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 hospital indemnity — net premium income?
Aflac (AFL) reported hospital indemnity — net premium income of $173M in Q4 2023.
How has Aflac's hospital indemnity — net premium income changed year-over-year?
Aflac's hospital indemnity — net premium income decreased by 1.7% year-over-year, from $176M to $173M.
What is the long-term trend for Aflac's hospital indemnity — net premium income?
Over 2 years (2021 to 2023), Aflac's hospital indemnity — net premium income has grown at a -0.8% compound annual growth rate (CAGR), from $730M to $719M.
What does hospital indemnity — net premium income mean?
The total revenue earned from hospital indemnity insurance policies after accounting for reinsurance costs.
How do you interpret hospital indemnity — net premium income?
An increase suggests successful product growth, higher policy renewal rates, or effective pricing strategies, while a decrease may indicate competitive pressure, market saturation, or a shift in consumer demand.
How does hospital indemnity — net premium income compare across companies?
This is a standard revenue metric for insurance companies offering supplemental health products, comparable to 'Net Premiums Earned' reported by peers in the accident and health insurance sector.