Discontinued — last reported Q4 '23
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.
An increase indicates successful sales growth or higher policy retention, while a decrease suggests market contraction or competitive pressure.
Represents the total revenue generated from insurance premiums within the medical and other health segment after account...
Standard across insurance companies as 'Net Premiums Earned' or 'Net Premium Income'.
afl_segment_medical_and_other_health_net_premium_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '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% |