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Aflac AFL Future policy benefits

Future policy benefits at other companies

Unum logo
UnumUNM
$37.3B+0.7%
Globe Life logo
Globe LifeGL
$18.93B+0.9%
Horace Mann Educators logo
Horace Mann EducatorsHMN
$1.58B-3.4%
MetLife logo
MetLifeMET
$206.63B+4.5%
Prudential Financial logo
Prudential FinancialPRU
$266.91B-0.7%
CNO Financial Group logo
CNO Financial GroupCNO

Segments

By product

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Life insurance$16.16B-19.9%
Medical and other health$6.85B-23.0%
Critical care$6.73B-1.9%
Other$3.23B-16.7%
Hospital indemnity$763M-1.2%
Accident$640M+2.2%

By segment

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Corporate and other$4.59B-10.2%

Other financials

Income statement

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Revenue$4.3B+27.9%
Net income$1.0B+3,414%
EPS (diluted)$1.98+3,860%

Balance sheet

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Cash & equivalents$5.7B+8.1%
Total debt$8.0B+1.8%
Total equity$30.0B+13.8%
Total assets$116.28B-3.3%

Cash flow

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Operating cash flow$968.0M+64.3%

Valuation

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Market cap$60.18B+7.8%
Enterprise value$62.52B+6.9%
P/E13×-2.6×
P/S3.3×0.0×

Profitability

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Net margin25.6%+4.3pp

Returns & leverage

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Return on equity16.5%+2.1pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefits.

The official record: Aflac’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aflac's future policy benefits?
Aflac (AFL) reported future policy benefits of $59.52B in Q1 2026.
How has Aflac's future policy benefits changed year-over-year?
Aflac's future policy benefits decreased by 16.4% year-over-year, from $71.2B to $59.52B.
What is the long-term trend for Aflac's future policy benefits?
Over 5 years (2020 to 2025), Aflac's future policy benefits has grown at a -8.6% compound annual growth rate (CAGR), from $97.78B to $62.32B.
What does future policy benefits mean?
The actuarial estimate of the present value of future benefits payable to policyholders, net of future premiums. This is a primary liability for life and long-term health insurance providers.