Aflac Life insurance — Less: reinsurance recoverable increased by 1268.0% to $342.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1610.0%, from $20.00M to $342.00M. Over 2 years (FY 2023 to FY 2025), Life insurance — Less: reinsurance recoverable shows an upward trend with a 38.4% CAGR.
An increase indicates higher reliance on reinsurance to manage risk, which improves capital efficiency but introduces counterparty credit risk.
This metric represents the portion of life insurance liabilities that is covered by reinsurance agreements, effectively...
Comparable to 'reinsurance recoverable' or 'ceded reserves' at other insurance firms.
afl_segment_life_insurance_less_reinsurance_recoverable| 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 | $10.00M | $9.00M | $10.00M | $11.00M | $11.00M | $15.00M | $15.00M | $15.00M | $19.00M | $18.00M | $20.00M | $22.00M | $23.00M | $25.00M | $342.00M |
| QoQ Change | — | -10.0% | +11.1% | +10.0% | +0.0% | +36.4% | +0.0% | +0.0% | +26.7% | -5.3% | +11.1% | +10.0% | +4.5% | +8.7% | >999% |
| YoY Change | — | -10.0% | — | — | — | +66.7% | +50.0% | +36.4% | +72.7% | +20.0% | +33.3% | +46.7% | +21.1% | +38.9% | >999% |