Products & Services · Effect of changes in discount rate assumptions
Life insurance — Effect of changes in discount rate assumptions
Aflac Life insurance — Effect of changes in discount rate assumptions decreased by 35.3% to -$345.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 320.7%, from -$82.00M to -$345.00M. Over 2 years (FY 2023 to FY 2025), Life insurance — Effect of changes in discount rate assumptions shows a downward trend with a -8.2% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2020
Last reportedQ1 2026
How to read this metric
A significant increase in liability due to lower discount rates signals higher sensitivity to interest rate declines.
Detailed definition
This metric quantifies the change in the present value of future life insurance policy benefits resulting from adjustmen...
Peer comparison
Standard disclosure for insurers under LDTI or similar accounting standards regarding 'discount rate sensitivity'.
Metric ID:
afl_segment_life_insurance_effect_of_changes_in_discount_rate_assumptionsHistorical Data
15 periods
| 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 | $837.00M | $126.00M | $259.00M | $267.00M | $66.00M | $174.00M | $128.00M | -$9.00M | $92.00M | $5.00M | -$82.00M | -$121.00M | -$188.00M | -$255.00M | -$345.00M |
| QoQ Change | — | -84.9% | +105.6% | +3.1% | -75.3% | +163.6% | -26.4% | -107.0% | >999% | -94.6% | <-999% | -47.6% | -55.4% | -35.6% | -35.3% |
| YoY Change | — | -84.9% | — | — | — | +38.1% | -50.6% | -103.4% | +39.4% | -97.1% | -164.1% | <-999% | -304.3% | <-999% | -320.7% |
Range-$345.00M – $837.00M
CAGR-22.4%
Avg YoY Growth-681.1%
Median YoY Growth-103.4%
Current Streak6 quarters decline
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Frequently Asked Questions
- What is Aflac's life insurance — effect of changes in discount rate assumptions?
- Aflac (AFL) reported life insurance — effect of changes in discount rate assumptions of -$345.00M in Q1 2026.
- How has Aflac's life insurance — effect of changes in discount rate assumptions changed year-over-year?
- Aflac's life insurance — effect of changes in discount rate assumptions decreased by 320.7% year-over-year, from -$82.00M to -$345.00M.
- What is the long-term trend for Aflac's life insurance — effect of changes in discount rate assumptions?
- Over 2 years (2023 to 2025), Aflac's life insurance — effect of changes in discount rate assumptions has grown at a -8.2% compound annual growth rate (CAGR), from $766.00M to -$646.00M.
- What does life insurance — effect of changes in discount rate assumptions mean?
- The impact on insurance liabilities caused by updating the interest rate used to discount future payments.