Products & Services · Deferred policy acquisition costs

Life insurance — Deferred policy acquisition costs

Aflac Life insurance — Deferred policy acquisition costs increased by 2.1% to $738.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.3%, from $701.00M to $738.00M. Over 2 years (FY 2023 to FY 2025), Life insurance — Deferred policy acquisition costs shows an upward trend with a 5.5% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026

How to read this metric

An increase suggests higher sales activity or higher acquisition costs, while a decrease may indicate lower new business volume or a shift in commission structures.

Detailed definition

This represents the capitalized costs directly associated with acquiring new life insurance policies, such as commission...

Peer comparison

Standard across life insurance companies as Deferred Policy Acquisition Costs (DAC).

Metric ID: afl_segment_life_insurance_deferred_policy_acquisition_costs

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$710.00M$660.00M$665.00M$632.00M$627.00M$663.00M$644.00M$621.00M$692.00M$660.00M$701.00M$729.00M$728.00M$723.00M$738.00M
QoQ Change-7.0%+0.8%-5.0%-0.8%+5.7%-2.9%-3.6%+11.4%-4.6%+6.2%+4.0%-0.1%-0.7%+2.1%
YoY Change-7.0%+0.5%-3.2%-1.7%+10.4%-0.5%+8.9%+17.4%+5.2%+9.5%+5.3%
Range$621.00M$738.00M
CAGR+1.1%
Avg YoY Growth+4.1%
Median YoY Growth+5.2%

Frequently Asked Questions

What is Aflac's life insurance — deferred policy acquisition costs?
Aflac (AFL) reported life insurance — deferred policy acquisition costs of $738.00M in Q1 2026.
How has Aflac's life insurance — deferred policy acquisition costs changed year-over-year?
Aflac's life insurance — deferred policy acquisition costs increased by 5.3% year-over-year, from $701.00M to $738.00M.
What is the long-term trend for Aflac's life insurance — deferred policy acquisition costs?
Over 2 years (2023 to 2025), Aflac's life insurance — deferred policy acquisition costs has grown at a 5.5% compound annual growth rate (CAGR), from $2.59B to $2.88B.
What does life insurance — deferred policy acquisition costs mean?
The total amount of upfront costs for acquiring new life insurance policies that are spread out as expenses over time.