Discontinued — last reported Q4 '23

Products & Services · Net premium income

Medical and other health — Net premium income

Aflac Medical and other health — Net premium income decreased by 32.3% to $433.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.4%, from $453.00M to $433.00M. Over 2 years (FY 2021 to FY 2023), Medical and other health — Net premium income shows a downward trend with a -13.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2023

How to read this metric

An increase indicates successful sales growth or higher policy retention, while a decrease suggests market contraction or competitive pressure.

Detailed definition

Represents the total revenue generated from insurance premiums within the medical and other health segment after account...

Peer comparison

Standard across insurance companies as 'Net Premiums Earned' or 'Net Premium Income'.

Metric ID: afl_segment_medical_and_other_health_net_premium_income

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$821.75M$821.75M$821.75M$828.00M$735.00M$690.00M$453.00M$689.00M$672.00M$640.00M$433.00M
QoQ Change+0.0%+0.0%+0.8%-11.2%-6.1%-34.3%+52.1%-2.5%-4.8%-32.3%
YoY Change-10.6%-16.0%-44.9%-16.8%-8.6%-7.2%-4.4%
Range$433.00M$828.00M
CAGR-22.6%
Avg YoY Growth-15.5%
Median YoY Growth-10.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is Aflac's medical and other health — net premium income?
Aflac (AFL) reported medical and other health — net premium income of $433.00M in Q4 2023.
How has Aflac's medical and other health — net premium income changed year-over-year?
Aflac's medical and other health — net premium income decreased by 4.4% year-over-year, from $453.00M to $433.00M.
What is the long-term trend for Aflac's medical and other health — net premium income?
Over 2 years (2021 to 2023), Aflac's medical and other health — net premium income has grown at a -13.9% compound annual growth rate (CAGR), from $3.29B to $2.43B.
What does medical and other health — net premium income mean?
The total revenue earned from insurance premiums in the medical and health segment after reinsurance.