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Aflac AFL Medical and other health — Gross premiums

Other product segments

Critical care
$11.77B+2,558%
Life insurance
$10.43B+1,994%
Accident
$5.85B+1,794%
Disability
$4.39B+1,141%
Other
$3.53B+4,666%
Hospital indemnity
$3.3B+1,702%
Dental/vision
$729M+1,302%

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CNOMedicare supplement — Gross premiums
$166.3M+8.9%
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CNOOther annuities — Gross premiums
$1.9M+46.2%
Lincoln National logo
LNCUL and Other — Gross premiums
$781M+11.6%
Corebridge Financial logo
CRBGCorporate & Other — Gross premiums
$53M-15.9%
Fidelity National Financial logo
FNFPRT — Gross premiums
$324M+4.2%

Other financials

Income statement

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Revenue$4.1B-1.0%
Net income$825.0M+37.7%
EPS (diluted)$1.63+46.8%

Balance sheet

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Cash & equivalents$6.1B-12.1%
Total debt$8.8B-2.4%
Total equity$30.3B+11.4%
Total assets$115.96B-7.0%

Cash flow

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Operating cash flow$112.0M-71.9%

Valuation

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Market cap$63.91B+16.8%
Enterprise value$66.6B+17.3%
P/E13.1×-9.3×
P/S3.5×+0.1×

Profitability

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Net margin26.9%+11.6pp

Returns & leverage

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Return on equity16.9%+7.8pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFutureGrossPremiumDiscountedBeforeReinsurance.

The source filing: Aflac’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 9:18 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054618
(In millions)June 30, 2026 / Gross PremiumsJune 30, 2026 / Benefits and ExpensesDecember 31, 2025 / Gross PremiumsDecember 31, 2025 / Benefits and Expenses
Discounted expected future gross premiums and expected future policy benefits and expenses:
Aflac Japan
Cancer$33,155$31,311$36,796$34,987
Medical and other health19,46115,68522,23917,692
Life insurance7,88518,4408,62520,894
Other8973,2611,0183,671
Aflac U.S.
Accident5,8533,0906,0023,184

Item 1. Financial Statements (Unaudited)

FAQ

What is Aflac's medical and other health — gross premiums?
Aflac (AFL) reported medical and other health — gross premiums of $19.46B in Q2 2026.
How has Aflac's medical and other health — gross premiums changed year-over-year?
Aflac's medical and other health — gross premiums increased by 3393.9% year-over-year, from $557M to $19.46B.
What is the long-term trend for Aflac's medical and other health — gross premiums?
Over 3 years (2021 to 2025), Aflac's medical and other health — gross premiums has grown at a 137.3% compound annual growth rate (CAGR), from $3.57B to $47.71B.
What does medical and other health — gross premiums mean?
The total amount of premiums written by the medical and health insurance segment before any deductions for reinsurance or other expenses. It represents the total volume of business generated by the segment. This is a primary indicator of market demand and sales performance for the product line.

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