Aflac (AFL) Unearned Premiums: $1,318 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AFL Aflac Inc AFL
69 GF Score
Price $123.30
GF Value $108.48
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aflac Unearned Premiums?

Aflac AFL -0.23% 69 Unearned Premiums is $1,318 Mil as of Mar. 2026. GuruFocus rates AFL with a GF Score™ of 69/100 and a GF Value™ of $108.48 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Aflac's quarterly unearned premiums declined from Sep. 2025 ($1,349 Mil) to Dec. 2025 ($1,323 Mil) and declined from Dec. 2025 ($1,323 Mil) to Mar. 2026 ($1,318 Mil).

Aflac's annual unearned premiums declined from Dec. 2023 ($1,451 Mil) to Dec. 2024 ($1,286 Mil) but then increased from Dec. 2024 ($1,286 Mil) to Dec. 2025 ($1,323 Mil).

Aflac Unearned Premiums Historical Data

* Premium members only.

The historical data trend for Aflac's Unearned Premiums can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aflac Unearned Premiums Chart

Aflac Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Unearned Premiums
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,576.00 1,825.00 1,451.00 1,286.00 1,323.00

Aflac Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Unearned Premiums Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,357.00 1,377.00 1,349.00 1,323.00 1,318.00
AFL
69GF Score
Aflac Inc AFL
Unearned Premiums is just one metric. See GF Score™, valuation, warning signs, and more.
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Aflac Unearned Premiums Calculation

The portion of premium that has not been earned by insurance companies. Insurance companies have to pay them back to the insured if the policies are cancelled.

Frequently Asked Questions Learn more about Unearned Premiums →
What does a Unearned Premiums of $1,318 Mil mean?
Aflac (AFL) has a Unearned Premiums of $1,318 Mil as of Mar. 2026. Unearned premiums are the premiums an insurance company have accrued in advance but not yet earned. View historical data for Aflac and its competitors.
Is Aflac's Unearned Premiums too high?
Aflac's current Unearned Premiums is $1,318 Mil. Overall, Aflac has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aflac's Unearned Premiums compare to MET and PRU?
Aflac's Unearned Premiums of $1,318 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Unearned Premiums for an Insurance company?
A good Unearned Premiums depends on the Insurance industry context. However, Unearned Premiums should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Unearned Premiums mean?
A high Unearned Premiums can signal that a stock is expensive relative to its fundamentals. Unearned premiums are the premiums an insurance company have accrued in advance but not yet earned. View historical data for Aflac and its competitors. Aflac's current Unearned Premiums is $1,318 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aflac stock overvalued right now?
Based on GuruFocus' analysis, Aflac (AFL) is currently considered Modestly Overvalued. The stock's GF Value™ is $108.48, compared to a current price of $123.30 — trading 13.7% above its estimated fair value. The current Unearned Premiums is $1,318 Mil. Aflac's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Unearned Premiums calculated?
Unearned Premiums is calculated from a company's financial statements. For Aflac (AFL), the current Unearned Premiums is $1,318 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aflac (AFL) Overvalued in 2026?

Based on GuruFocus' analysis, Aflac stock appears to be overvalued. The current stock price of $123.30 is trading 13.7% above its estimated GF Value™ of $108.48. GuruFocus considers Aflac to be Modestly Overvalued.

Key valuation signals for AFL:

  • Unearned Premiums: $1,318 Mil
  • GF Value™: $108.48 vs. price of $123.30 (13.7% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the AFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aflac Business Description

Address 1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, dental and vision, disability, and long-term-care insurance. It markets its products through independent distributors, selling the majority of its policies directly to consumers at their places of work, and also reaches out to its customers outside of their worksite through digital mediums. The company has two reportable business segments: Aflac Japan, which generates the maximum revenue, and Aflac U.S.
69GF Score

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Unearned Premiums is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$123.30
Price
$108.48
GF Value