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POLICY LIABILITIES - Schedule of Changes in Present Value of Expected Net Premiums and Expected Future Policy Benefits (Details) - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Dec. 31, 2023
Present value of expected future policy benefits:      
Beginning balance $ 111,508    
Ending balance 107,596 $ 111,508  
Net liability for future policy benefits 67,143 70,381  
Aflac Japan | Cancer      
Present value of expected future net premiums:      
Beginning balance 14,184 17,509  
Beginning balance at original discount rate 14,008 16,452  
Effect of changes in cash flow assumptions   (661) $ (625)
Effect of actual variances from expected experience   (277) (71)
Adjusted beginning of period balance   13,070 15,756
Issuances 836 983  
Interest accrual 276 378  
Net premiums collected [1] (1,054) (1,453)  
Foreign currency translation 879 (1,655)  
Other (2) (1)  
Ending balance at original discount rate 14,005 14,008  
Effect of changes in discount rate assumptions (716) 176  
Ending balance 13,289 14,184  
Present value of expected future policy benefits:      
Beginning balance 40,781 50,161  
Beginning balance at original discount rate 37,856 43,626  
Effect of changes in cash flow assumptions   (1,130) (815)
Effect of actual variances from expected experience   (311) (117)
Adjusted beginning of period balance   36,415 42,694
Issuances 849 1,004  
Interest accrual 986 1,356  
Benefit payments (2,046) (2,773)  
Foreign currency translation 2,370 (4,425)  
Other 0 0  
Ending balance at original discount rate 38,574 37,856  
Effect of changes in discount rate assumptions (313) 2,925  
Ending balance 38,261 40,781  
Net liability for future policy benefits 24,972 26,597  
Less: reinsurance recoverable 4,840 5,085  
Net liability for future policy benefits after reinsurance recoverable 20,132 21,512  
Aflac Japan | Medical and other health      
Present value of expected future net premiums:      
Beginning balance 11,817 14,697  
Beginning balance at original discount rate 11,845 14,040  
Effect of changes in cash flow assumptions   136 (154)
Effect of actual variances from expected experience   (83) (164)
Adjusted beginning of period balance   11,898 13,722
Issuances 204 361  
Interest accrual 221 302  
Net premiums collected [1] (818) (1,135)  
Foreign currency translation 744 (1,405)  
Other (1) 0  
Ending balance at original discount rate 12,248 11,845  
Effect of changes in discount rate assumptions (903) (28)  
Ending balance 11,345 11,817  
Present value of expected future policy benefits:      
Beginning balance 20,606 25,257  
Beginning balance at original discount rate 21,957 25,023  
Effect of changes in cash flow assumptions   108 (228)
Effect of actual variances from expected experience   (101) (193)
Adjusted beginning of period balance   21,964 24,602
Issuances 209 373  
Interest accrual 425 570  
Benefit payments (781) (1,033)  
Foreign currency translation 1,372 (2,555)  
Other 0 0  
Ending balance at original discount rate 23,189 21,957  
Effect of changes in discount rate assumptions (3,798) (1,351)  
Ending balance 19,391 20,606  
Net liability for future policy benefits 8,046 8,789  
Less: reinsurance recoverable 1,165 1,245  
Net liability for future policy benefits after reinsurance recoverable 6,881 7,544  
Aflac Japan | Life insurance      
Present value of expected future net premiums:      
Beginning balance 5,156 6,488  
Beginning balance at original discount rate 5,084 6,258  
Effect of changes in cash flow assumptions   (40) (190)
Effect of actual variances from expected experience   (40) (97)
Adjusted beginning of period balance   5,004 5,971
Issuances 277 478  
Interest accrual 84 110  
Net premiums collected [1] (608) (862)  
Foreign currency translation 318 (613)  
Other 0 0  
Ending balance at original discount rate 5,075 5,084  
Effect of changes in discount rate assumptions (156) 72  
Ending balance 4,919 5,156  
Present value of expected future policy benefits:      
Beginning balance 24,265 29,731  
Beginning balance at original discount rate 26,330 30,256  
Effect of changes in cash flow assumptions   (102) (302)
Effect of actual variances from expected experience   (40) (110)
Adjusted beginning of period balance   26,188 29,844
Issuances 282 488  
Interest accrual 431 582  
Benefit payments (1,366) (1,510)  
Foreign currency translation 1,648 (3,074)  
Other 0 0  
Ending balance at original discount rate 27,183 26,330  
Effect of changes in discount rate assumptions (4,425) (2,065)  
Ending balance 22,758 24,265  
Net liability for future policy benefits 17,839 19,109  
Less: reinsurance recoverable 0 0  
Net liability for future policy benefits after reinsurance recoverable 17,839 19,109  
Aflac Japan | Other      
Present value of expected future net premiums:      
Beginning balance 846 1,088  
Beginning balance at original discount rate 864 1,069  
Effect of changes in cash flow assumptions   5 (19)
Effect of actual variances from expected experience   (7) (14)
Adjusted beginning of period balance   862 1,036
Issuances 7 16  
Interest accrual 12 17  
Net premiums collected [1] (72) (101)  
Foreign currency translation 54 (104)  
Other 0 0  
Ending balance at original discount rate 863 864  
Effect of changes in discount rate assumptions (61) (18)  
Ending balance 802 846  
Present value of expected future policy benefits:      
Beginning balance 4,225 5,178  
Beginning balance at original discount rate 4,765 5,444  
Effect of changes in cash flow assumptions   75 (7)
Effect of actual variances from expected experience   (14) (24)
Adjusted beginning of period balance   4,826 5,413
Issuances 11 22  
Interest accrual 69 93  
Benefit payments (165) (208)  
Foreign currency translation 296 (555)  
Other 0 0  
Ending balance at original discount rate 5,037 4,765  
Effect of changes in discount rate assumptions (1,012) (540)  
Ending balance 4,025 4,225  
Net liability for future policy benefits 3,223 3,379  
Less: reinsurance recoverable 0 0  
Net liability for future policy benefits after reinsurance recoverable 3,223 3,379  
Aflac U.S. | Life insurance      
Present value of expected future net premiums:      
Beginning balance 909 853  
Beginning balance at original discount rate 976 909  
Effect of changes in cash flow assumptions   (5) (5)
Effect of actual variances from expected experience   (27) (29)
Adjusted beginning of period balance   944 875
Issuances 182 226  
Interest accrual 31 37  
Net premiums collected [1] (128) (157)  
Foreign currency translation 0 0  
Other (3) (5)  
Ending balance at original discount rate 1,026 976  
Effect of changes in discount rate assumptions (32) (67)  
Ending balance 994 909  
Present value of expected future policy benefits:      
Beginning balance 1,847 1,764  
Beginning balance at original discount rate 2,126 1,971  
Effect of changes in cash flow assumptions   (17) (3)
Effect of actual variances from expected experience   (41) (43)
Adjusted beginning of period balance   2,068 1,925
Issuances 188 231  
Interest accrual 65 78  
Benefit payments (82) (108)  
Foreign currency translation 0 0  
Other 0 0  
Ending balance at original discount rate 2,239 2,126  
Effect of changes in discount rate assumptions (207) (279)  
Ending balance 2,032 1,847  
Net liability for future policy benefits 1,038 938  
Less: reinsurance recoverable 23 18  
Net liability for future policy benefits after reinsurance recoverable 1,015 920  
Aflac U.S. | Accident      
Present value of expected future net premiums:      
Beginning balance 2,497 2,488  
Beginning balance at original discount rate 2,687 2,630  
Effect of changes in cash flow assumptions   18 65
Effect of actual variances from expected experience   24 66
Adjusted beginning of period balance   2,729 2,761
Issuances 235 307  
Interest accrual 83 106  
Net premiums collected [1] (365) (479)  
Foreign currency translation 0 0  
Other (5) (8)  
Ending balance at original discount rate 2,677 2,687  
Effect of changes in discount rate assumptions (113) (190)  
Ending balance 2,564 2,497  
Present value of expected future policy benefits:      
Beginning balance 3,127 3,109  
Beginning balance at original discount rate 3,386 3,302  
Effect of changes in cash flow assumptions   47 109
Effect of actual variances from expected experience   22 91
Adjusted beginning of period balance   3,455 3,502
Issuances 240 311  
Interest accrual 103 133  
Benefit payments (398) (560)  
Foreign currency translation 0 0  
Other 0 0  
Ending balance at original discount rate 3,400 3,386  
Effect of changes in discount rate assumptions (165) (259)  
Ending balance 3,235 3,127  
Net liability for future policy benefits 671 630  
Less: reinsurance recoverable 0 0  
Net liability for future policy benefits after reinsurance recoverable 671 630  
Aflac U.S. | Disability      
Present value of expected future net premiums:      
Beginning balance 1,635 1,652  
Beginning balance at original discount rate 1,726 1,738  
Effect of changes in cash flow assumptions   (22) (47)
Effect of actual variances from expected experience   1 12
Adjusted beginning of period balance   1,705 1,703
Issuances 273 364  
Interest accrual 51 66  
Net premiums collected [1] (301) (401)  
Foreign currency translation 0 0  
Other (4) (6)  
Ending balance at original discount rate 1,724 1,726  
Effect of changes in discount rate assumptions (44) (91)  
Ending balance 1,680 1,635  
Present value of expected future policy benefits:      
Beginning balance 2,330 2,422  
Beginning balance at original discount rate 2,466 2,541  
Effect of changes in cash flow assumptions   (46) (73)
Effect of actual variances from expected experience   (13) (16)
Adjusted beginning of period balance   2,407 2,452
Issuances 284 381  
Interest accrual 74 98  
Benefit payments (356) (465)  
Foreign currency translation 0 0  
Other 0 0  
Ending balance at original discount rate 2,409 2,466  
Effect of changes in discount rate assumptions (68) (136)  
Ending balance 2,341 2,330  
Net liability for future policy benefits 661 695  
Less: reinsurance recoverable 0 0  
Net liability for future policy benefits after reinsurance recoverable 661 695  
Aflac U.S. | Critical Care      
Present value of expected future net premiums:      
Beginning balance 3,901 4,074  
Beginning balance at original discount rate 4,340 4,416  
Effect of changes in cash flow assumptions   (163) (106)
Effect of actual variances from expected experience   8 (100)
Adjusted beginning of period balance   4,185 4,210
Issuances 404 543  
Interest accrual 133 173  
Net premiums collected [1] (442) (578)  
Foreign currency translation 0 0  
Other (5) (8)  
Ending balance at original discount rate 4,275 4,340  
Effect of changes in discount rate assumptions (293) (439)  
Ending balance 3,982 3,901  
Present value of expected future policy benefits:      
Beginning balance 10,701 11,290  
Beginning balance at original discount rate 12,013 12,120  
Effect of changes in cash flow assumptions   (219) (112)
Effect of actual variances from expected experience   (3) (144)
Adjusted beginning of period balance   11,791 11,864
Issuances 418 559  
Interest accrual 387 515  
Benefit payments (736) (925)  
Foreign currency translation 0 0  
Other 0 0  
Ending balance at original discount rate 11,860 12,013  
Effect of changes in discount rate assumptions (929) (1,312)  
Ending balance 10,931 10,701  
Net liability for future policy benefits 6,949 6,800  
Less: reinsurance recoverable 0 0  
Net liability for future policy benefits after reinsurance recoverable 6,949 6,800  
Aflac U.S. | Hospital Indemnity      
Present value of expected future net premiums:      
Beginning balance 1,122 1,107  
Beginning balance at original discount rate 1,221 1,193  
Effect of changes in cash flow assumptions   (8) (21)
Effect of actual variances from expected experience   17 21
Adjusted beginning of period balance   1,230 1,193
Issuances 171 231  
Interest accrual 37 46  
Net premiums collected [1] (190) (244)  
Foreign currency translation 0 0  
Other (3) (5)  
Ending balance at original discount rate 1,245 1,221  
Effect of changes in discount rate assumptions (61) (99)  
Ending balance 1,184 1,122  
Present value of expected future policy benefits:      
Beginning balance 1,897 1,943  
Beginning balance at original discount rate 2,073 2,076  
Effect of changes in cash flow assumptions   (4) (31)
Effect of actual variances from expected experience   12 21
Adjusted beginning of period balance   2,081 2,066
Issuances 176 237  
Interest accrual 65 84  
Benefit payments (236) (314)  
Foreign currency translation 0 0  
Other 0 0  
Ending balance at original discount rate 2,086 2,073  
Effect of changes in discount rate assumptions (114) (176)  
Ending balance 1,972 1,897  
Net liability for future policy benefits 788 775  
Less: reinsurance recoverable 0 0  
Net liability for future policy benefits after reinsurance recoverable 788 775  
Aflac U.S. | Dental/Vision      
Present value of expected future net premiums:      
Beginning balance 196 206  
Beginning balance at original discount rate 209 217  
Effect of changes in cash flow assumptions   (10) (17)
Effect of actual variances from expected experience   (8) (12)
Adjusted beginning of period balance   191 188
Issuances 38 52  
Interest accrual 7 9  
Net premiums collected [1] (29) (39)  
Foreign currency translation 0 0  
Other 0 (1)  
Ending balance at original discount rate 207 209  
Effect of changes in discount rate assumptions (6) (13)  
Ending balance 201 196  
Present value of expected future policy benefits:      
Beginning balance 441 478  
Beginning balance at original discount rate 477 506  
Effect of changes in cash flow assumptions   (15) (28)
Effect of actual variances from expected experience   (10) (16)
Adjusted beginning of period balance   452 462
Issuances 39 55  
Interest accrual 15 20  
Benefit payments (45) (60)  
Foreign currency translation 0 0  
Other 0 0  
Ending balance at original discount rate 461 477  
Effect of changes in discount rate assumptions (20) (36)  
Ending balance 441 441  
Net liability for future policy benefits 240 245  
Less: reinsurance recoverable 0 0  
Net liability for future policy benefits after reinsurance recoverable 240 245  
Aflac U.S. | Other      
Present value of expected future net premiums:      
Beginning balance 826 277  
Beginning balance at original discount rate 824 272  
Effect of changes in cash flow assumptions   386 (8)
Effect of actual variances from expected experience   70 13
Adjusted beginning of period balance   1,280 277
Issuances 402 592  
Interest accrual 48 25  
Net premiums collected [1] (93) (53)  
Foreign currency translation 0 0  
Other (25) (17)  
Ending balance at original discount rate 1,612 824  
Effect of changes in discount rate assumptions 116 2  
Ending balance 1,728 826  
Present value of expected future policy benefits:      
Beginning balance 1,288 798  
Beginning balance at original discount rate 1,293 769  
Effect of changes in cash flow assumptions   399 (12)
Effect of actual variances from expected experience   69 (7)
Adjusted beginning of period balance   1,761 $ 750
Issuances 405 597  
Interest accrual 66 50  
Benefit payments (148) (104)  
Foreign currency translation 0 0  
Other 0 0  
Ending balance at original discount rate 2,084 1,293  
Effect of changes in discount rate assumptions 125 (5)  
Ending balance 2,209 1,288  
Net liability for future policy benefits 481 462  
Less: reinsurance recoverable 14 0  
Net liability for future policy benefits after reinsurance recoverable $ 467 $ 462  
[1] Net premiums collected represent the portion of gross premiums collected from policyholders that is used to fund expected future benefit payments.