Life insurance — Effect of change in discount rate assumptions
Aflac Life insurance — Effect of change in discount rate assumptions decreased by 10.9% to -$5.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 70.4%, from -$3.28B to -$5.58B. Over 2 years (FY 2023 to FY 2025), Life insurance — Effect of change in discount rate assumptions shows a downward trend with a 252.4% CAGR.
Analysis
How to read this metric
An increase indicates a higher liability valuation due to lower discount rates, while a decrease suggests a lower liability valuation due to higher discount rates.
Detailed definition
This metric represents the financial impact resulting from adjustments to the discount rate assumptions used to calculat...
Peer comparison
Commonly reported by life insurers under LDTI or similar accounting frameworks as 'impact of discount rate changes' on policy reserves.
afl_segment_life_insurance_effect_of_change_in_discount_rate_assumptionsHistorical Data
| 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 | $3.87B | -$1.10B | $134.00M | $442.00M | -$1.21B | -$732.00M | -$1.01B | -$2.10B | -$1.77B | -$2.34B | -$3.28B | -$4.05B | -$4.63B | -$5.03B | -$5.58B |
| QoQ Change | — | -128.4% | +112.2% | +229.9% | -374.2% | +39.6% | -38.4% | -107.5% | +15.7% | -32.3% | -39.8% | -23.5% | -14.5% | -8.7% | -10.9% |
| YoY Change | — | -128.4% | — | — | — | +33.3% | -856.0% | -575.6% | -46.2% | -220.2% | -223.5% | -92.5% | -161.4% | -114.8% | -70.4% |
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Frequently Asked Questions
- What is Aflac's life insurance — effect of change in discount rate assumptions?
- Aflac (AFL) reported life insurance — effect of change in discount rate assumptions of -$5.58B in Q1 2026.
- How has Aflac's life insurance — effect of change in discount rate assumptions changed year-over-year?
- Aflac's life insurance — effect of change in discount rate assumptions decreased by 70.4% year-over-year, from -$3.28B to -$5.58B.
- What is the long-term trend for Aflac's life insurance — effect of change in discount rate assumptions?
- Over 2 years (2023 to 2025), Aflac's life insurance — effect of change in discount rate assumptions has grown at a 252.4% compound annual growth rate (CAGR), from -$1.37B to -$16.99B.
- What does life insurance — effect of change in discount rate assumptions mean?
- The change in the estimated cost of future insurance claims caused by updating the interest rate assumptions used for valuation.