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Aflac AFL Medical and other health — Interest accrual

Other product segments

Life insurance
$156M-6.6%
Critical care
$129M-0.8%
Other
$61M+35.6%
Accident
$35M+2.9%
Disability
$25M0.0%
Hospital indemnity
$22M0.0%
Dental/vision
$5M0.0%

Similar metrics at other companies

CNO Financial Group logo
CNOSupplemental health — Interest accrual
$73.8M+1.0%
Globe Life logo
GLHealth — Interest accrual
$119.82M+15.9%
MetLife logo
METAccident & health insurance — Interest accrual
$53M-8.6%
CNO Financial Group logo
CNOMedicare supplement — Interest accrual
$44.7M+16.7%
Globe Life logo
GLOther — Interest accrual
$5.35M-5.0%
CNO Financial Group logo
CNOOther annuities — Interest accrual
$3.1M-3.1%

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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestExpense.

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)Aflac Japan / CancerAflac Japan / Medicaland Other HealthAflac Japan / Life InsuranceAflac Japan / OtherAflac U.S. / AccidentAflac U.S. / DisabilityAflac U.S. / Critical CareAflac U.S. / Hospital IndemnityAflac U.S. / Dental/VisionAflac U.S. / Life InsuranceAflac U.S. / Other
Effect of actual variances from expected experience(277)(187)(46)(13)(40)9(46)(12)(4)(39)(48)
Adjusted beginning of period balance36,16121,79225,6704,7453,3082,41011,7662,0594542,2492,256
Issuances428169169317418630013624182595
Interest accrual60226526543695025644104873
Benefit payments(1,264)(485)(1,080)(108)(251)(238)(489)(159)(30)(57)(133)
Foreign currency translation(1,293)(782)(903)(168)0000000
Other00000000000
Ending balance at original discount rate34,63420,95924,1214,5153,3002,40811,8332,0804582,4222,791

Item 1. Financial Statements (Unaudited)

FAQ

What is Aflac's medical and other health — interest accrual?
Aflac (AFL) reported medical and other health — interest accrual of $131M in Q2 2026.
How has Aflac's medical and other health — interest accrual changed year-over-year?
Aflac's medical and other health — interest accrual decreased by 9.0% year-over-year, from $144M to $131M.
What is the long-term trend for Aflac's medical and other health — interest accrual?
Over 4 years (2021 to 2025), Aflac's medical and other health — interest accrual has grown at a -7.5% compound annual growth rate (CAGR), from $769M to $564M.
What does medical and other health — interest accrual mean?
Represents the interest accretion on the liability for future policy benefits within the medical and health insurance segment. This reflects the time value of money as the company recognizes the increase in the present value of future obligations over time. It is a critical component of the actuarial valuation of long-term insurance liabilities.

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