AFLAC INC
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
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Deferred Policy Acquisition Costs
The following table presents deferred policy acquisition costs (DAC) by segment.
| (In millions) · March 31,2024 · December 31, 2023 · % Change | ||||
|---|---|---|---|---|
| Aflac Japan | $5,234 | $5,559 | (5.8)% | (1) |
| Aflac U.S. | 3,585 | 3,573 | .3 | |
| Total | $8,819 | $9,132 | (3.4)% | |
(1)Aflac Japan’s deferred policy acquisition costs increased .5% in yen during the three months ended March 31, 2024.
See Note 6 of the Notes to the Consolidated Financial Statements for additional information on the Company's deferred policy acquisition costs.
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