AFL · 10-Q · 2026Q2 · Full report

Aflac U.S. Segment Performance

AFLAC INC · 2026-08-07 · Importance 49 · Surprise 32 · No source text

Aflac U.S. total adjusted revenues increased 2.5% in the second quarter and 2.9% in the first six months of 2026, primarily from higher net earned premiums. Net earned premiums increased 2.3% to $1,539 million in the quarter and 2.9% to $3,094 million for the six months, supported by improved sales and strong persistency. Total benefits and claims rose 7.0% in the quarter and 4.8% for the six months, primarily because of higher incurred claims in certain group products. Pretax adjusted earnings decreased 4.6% in the quarter and 1.7% for the six months because higher claims and expenses more than offset revenue growth.

Key facts

• Aflac U.S. net earned premiums for three months ended June 30 were $1,539 and $1,504 and for six months ended June 30 were $3,094 and $3,006. source
• For the three-month period ended June 30, 2026, pretax adjusted earnings decreased primarily due to the increases in total benefits and claims and total adjusted expenses, partially offset by the increase in total adjusted revenues. source
• Aflac U.S. premium persistency on a 12-month rolling basis as of June 30 was 79.4% and 79.2%. source
• Contributions to Aflac U.S. new annualized premium sales by product category for the three-month periods ended June 30: Accident 18.2% and 19.0%; Disability 26.3% and 27.7%; Critical care 17.2% and 21.8%; Hospital indemnity 11.8% and 11.9%; Dental/vision 7.5% and 6.5%; Life 19.0% and 13.1%. source

Impact estimates