Other
Benefits and claims, excluding reserve remeasurement
Aflac Benefits and claims, excluding reserve remeasurement decreased by 1.2% to $1.91B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from $1.99B to $1.91B. Over 4 years (FY 2021 to FY 2025), Benefits and claims, excluding reserve remeasurement shows a downward trend with a -6.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026May 6, 2026
How to read this metric
Lower costs relative to premiums indicate better underwriting discipline and profitability.
Detailed definition
This represents the direct costs associated with insurance claims and policyholder benefits, excluding adjustments for r...
Peer comparison
Standard metric for insurance companies; peers use this to calculate the loss ratio.
Metric ID:
other_policyholder_benefits_and_claims_incurred_excludin_5bfb29Historical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.66B | $2.66B | $2.66B | $2.52B | $2.30B | $2.17B | $2.12B | $2.20B | $2.15B | $2.07B | $2.17B | $2.07B | $1.97B | $2.00B | $1.97B | $1.99B | $2.05B | $2.02B | $1.94B | $1.91B |
| QoQ Change | — | +0.0% | +0.0% | -5.2% | -8.7% | -5.7% | -2.4% | +4.1% | -2.3% | -4.0% | +5.3% | -5.0% | -4.5% | +1.6% | -1.8% | +1.0% | +3.1% | -1.5% | -3.9% | -1.2% |
| YoY Change | — | — | — | — | -13.4% | -18.3% | -20.3% | -12.5% | -6.4% | -4.8% | +2.7% | -6.2% | -8.4% | -3.0% | -9.6% | -3.9% | +3.8% | +0.6% | -1.4% | -3.6% |
Range$1.91B – $2.66B
CAGR-6.7%
Avg YoY Growth-6.5%
Median YoY Growth-5.5%
Current Streak3 quarters decline
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Aflac Japan | $1.13B | $1.19B | $1.13B | $1.08B | $1.04B |
| Aflac U.S. | $731.00M | $736.00M | $752.00M | $750.00M | $770.00M |
| Total | $1.99B | $2.05B | $2.02B | $1.94B | $1.91B |
Benefits and claims, excluding reserve remeasurement at Other Companies
Frequently Asked Questions
- What is Aflac's benefits and claims, excluding reserve remeasurement?
- Aflac (AFL) reported benefits and claims, excluding reserve remeasurement of $1.91B in Q1 2026.
- How has Aflac's benefits and claims, excluding reserve remeasurement changed year-over-year?
- Aflac's benefits and claims, excluding reserve remeasurement decreased by 3.6% year-over-year, from $1.99B to $1.91B.
- What is the long-term trend for Aflac's benefits and claims, excluding reserve remeasurement?
- Over 4 years (2021 to 2025), Aflac's benefits and claims, excluding reserve remeasurement has grown at a -6.9% compound annual growth rate (CAGR), from $10.62B to $7.99B.
- What does benefits and claims, excluding reserve remeasurement mean?
- The cost of insurance claims and benefits paid to policyholders, excluding accounting adjustments.