Aflac AFL Life insurance — Amortization of deferred policy acquisition costs

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Questions, answered.

What is Aflac's life insurance — amortization of deferred policy acquisition costs?

Aflac (AFL) reported life insurance — amortization of deferred policy acquisition costs of $19M in Q1 2026.

How has Aflac's life insurance — amortization of deferred policy acquisition costs changed year-over-year?

Aflac's life insurance — amortization of deferred policy acquisition costs increased by 11.8% year-over-year, from $17M to $19M.

What is the long-term trend for Aflac's life insurance — amortization of deferred policy acquisition costs?

Over 3 years (2022 to 2025), Aflac's life insurance — amortization of deferred policy acquisition costs has grown at a 9.9% compound annual growth rate (CAGR), from $55M to $73M.

What does life insurance — amortization of deferred policy acquisition costs mean?

This represents the periodic expense recognized as the deferred policy acquisition costs are systematically charged against income. It reflects the matching of acquisition expenses with the revenue generated from the policies over their expected duration. This is a non-cash expense that impacts reported profitability.