Products & Services · Future policy benefits

Medical and other health — Future policy benefits

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.

Analysis

StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026

How to read this metric

Growth in this balance generally reflects a growing insurance business, but must be balanced against premium growth to ensure adequate profitability.

Detailed definition

The aggregate balance sheet liability representing the present value of future benefits to be paid to policyholders in t...

Peer comparison

Standard 'policy reserves' or 'future policy benefit liabilities' found on the balance sheets of all insurance companies.

Metric ID: afl_segment_medical_and_other_health_future_policy_benefits

Historical Data

15 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$6.85B$14.85B
CAGR-19.8%
Avg YoY Growth-13.2%
Median YoY Growth-16.5%
Current Streak4 quarters decline

Frequently Asked Questions

What is Aflac's medical and other health — future policy benefits?
Aflac (AFL) reported medical and other health — future policy benefits of $6.85B in Q1 2026.
How has Aflac's medical and other health — future policy benefits changed year-over-year?
Aflac's medical and other health — future policy benefits decreased by 23.0% year-over-year, from $8.90B to $6.85B.
What is the long-term trend for Aflac's medical and other health — future policy benefits?
Over 2 years (2023 to 2025), Aflac's medical and other health — future policy benefits has grown at a -12.0% compound annual growth rate (CAGR), from $42.63B to $32.97B.
What does medical and other health — future policy benefits mean?
The total amount of money the company keeps in reserve to pay future insurance claims.