Aflac Medical and other health — Future policy benefits decreased by 6.7% to $6.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.0%, from $8.90B to $6.85B. Over 2 years (FY 2023 to FY 2025), Medical and other health — Future policy benefits shows a downward trend with a -12.0% CAGR.
Growth in this balance generally reflects a growing insurance business, but must be balanced against premium growth to ensure adequate profitability.
The aggregate balance sheet liability representing the present value of future benefits to be paid to policyholders in t...
Standard 'policy reserves' or 'future policy benefit liabilities' found on the balance sheets of all insurance companies.
afl_segment_medical_and_other_health_future_policy_benefits| 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 | $14.85B | $10.71B | $11.47B | $10.90B | $9.70B | $10.56B | $9.81B | $8.58B | $10.10B | $8.79B | $8.90B | $8.68B | $8.05B | $7.34B | $6.85B |
| QoQ Change | — | -27.9% | +7.2% | -5.0% | -11.0% | +8.9% | -7.1% | -12.5% | +17.8% | -13.0% | +1.3% | -2.5% | -7.3% | -8.7% | -6.7% |
| YoY Change | — | -27.9% | — | — | — | -1.4% | -14.5% | -21.3% | +4.2% | -16.8% | -9.2% | +1.2% | -20.4% | -16.5% | -23.0% |