Products & Services · Future policy benefits
Life Insurance — Future policy benefits
Aflac Life Insurance — Future policy benefits decreased by 7.1% to $16.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.9%, from $20.17B to $16.16B. Over 2 years (FY 2023 to FY 2025), Life Insurance — Future policy benefits shows a downward trend with a -11.3% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026
Rolls up toFuture policy benefits
How to read this metric
A steady increase is expected as the business grows, but a sudden spike may indicate adverse claims trends or changes in actuarial assumptions.
Detailed definition
This is the aggregate balance sheet liability representing the present value of future benefits that the company expects...
Peer comparison
Standard 'future policy benefits' or 'policy reserves' reported by all life insurance companies.
Metric ID:
afl_segment_life_insurance_future_policy_benefitsHistorical 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 | $32.67B | $29.21B | $26.16B | $24.54B | $22.48B | $24.15B | $22.25B | $19.99B | $22.81B | $20.05B | $20.17B | $20.15B | $18.88B | $17.40B | $16.16B |
| QoQ Change | — | -10.6% | -10.5% | -6.2% | -8.4% | +7.4% | -7.9% | -10.2% | +14.1% | -12.1% | +0.6% | -0.1% | -6.3% | -7.8% | -7.1% |
| YoY Change | — | -10.6% | — | — | — | -17.3% | -14.9% | -18.6% | +1.5% | -17.0% | -9.3% | +0.8% | -17.3% | -13.2% | -19.9% |
Range$16.16B – $32.67B
CAGR-18.2%
Avg YoY Growth-12.3%
Median YoY Growth-14.9%
Current Streak4 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Aflac's life insurance — future policy benefits?
- Aflac (AFL) reported life insurance — future policy benefits of $16.16B in Q1 2026.
- How has Aflac's life insurance — future policy benefits changed year-over-year?
- Aflac's life insurance — future policy benefits decreased by 19.9% year-over-year, from $20.17B to $16.16B.
- What is the long-term trend for Aflac's life insurance — future policy benefits?
- Over 2 years (2023 to 2025), Aflac's life insurance — future policy benefits has grown at a -11.3% compound annual growth rate (CAGR), from $97.33B to $76.60B.
- What does life insurance — future policy benefits mean?
- The total amount of money set aside to pay future life insurance claims.