Aflac Life insurance — Foreign currency translation increased by 31.7% to -$525.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 134.6%, from $1.52B to -$525.00M. Over 2 years (FY 2021 to FY 2024), Life insurance — Foreign currency translation shows a downward trend with a 60.5% CAGR.
An increase in liability due to translation suggests a weakening of the reporting currency against the foreign currency, potentially impacting balance sheet leverage.
This metric captures the impact of fluctuations in foreign exchange rates on the valuation of life insurance policy liab...
Common for multinational insurers with significant operations in Japan or Europe, often labeled as 'foreign currency translation adjustment'.
afl_segment_life_insurance_foreign_currency_translation| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$298.50M | -$298.50M | -$298.50M | -$335.75M | -$335.75M | -$335.75M | -$335.75M | -$201.00M | -$2.56B | -$922.00M | -$1.91B | -$1.68B | $3.37B | -$2.86B | $1.52B | $899.00M | -$769.00M | -$525.00M |
| QoQ Change | — | +0.0% | +0.0% | -12.5% | +0.0% | +0.0% | +0.0% | +40.1% | <-999% | +64.0% | -107.0% | +12.2% | +300.9% | -184.8% | +153.2% | -40.8% | -185.5% | +31.7% |
| YoY Change | — | — | — | — | -12.5% | -12.5% | -12.5% | +40.1% | -661.9% | -174.6% | -849.8% | +34.5% | +465.2% | — | +179.5% | +153.6% | -122.8% | -134.6% |