---
ticker: AFL
company: Aflac Incorporated
filing_type: 10-K
year_current: 2025
year_prior: 2024
risks_added: 0
risks_removed: 0
risks_modified: 1
risks_unchanged: 26
source: SEC EDGAR
url: https://riskdiff.com/afl/2025-vs-2024/
markdown_url: https://riskdiff.com/afl/2025-vs-2024/index.md
generated: 2026-05-10
---

# Aflac Incorporated: 10-K Risk Factor Changes 2025 vs 2024

> Source: U.S. Securities and Exchange Commission (EDGAR)  
> Generated: 2026-05-10  
> All data extracted directly from official filings. No hallucinated content.

> **[AI-Generated Summary]** The paragraph below was produced by a language
> model and may contain errors. All other content on this page is deterministically
> extracted from the original SEC filing.

> Aflac's risk factor disclosures remained largely stable between 2024 and 2025, with only one risk substantively modified. The company updated its accounting standards risk to reflect potential adverse effects on financial statements from changes issued by the Financial Accounting Standards Board and other standard-setting bodies. All 26 other disclosed risks remained unchanged, indicating minimal shifts in Aflac's identified risk landscape year-over-year.

---

## Summary

| Status | Count |
|--------|-------|
| New risks added | 0 |
| Risks removed | 0 |
| Risks modified | 1 |
| Unchanged | 26 |

---

## Modified: Changes in accounting standards issued by the Financial Accounting Standards Board (FASB) or other standard-setting bodies may adversely affect the Company's financial statements.

**Prior (2024):**

The Company's financial statements are subject to the application of U.S. GAAP, which is periodically revised and/or expanded. Accordingly, from time to time the Company is required to adopt new or revised accounting standards issued by recognized authoritative bodies, including the FASB. Changes to accounting standards could have a material adverse effect on the Company's results of operations and financial condition. For additional information, see Note 1 of the Notes to the Consolidated Financial Statements.

**Current (2025):**

The Company's financial statements are subject to the application of U.S. GAAP, which is periodically revised and/or expanded. Accordingly, from time to time the Company is required to adopt new or revised accounting standards issued by recognized authoritative bodies, including the FASB. Changes to accounting standards could have a material adverse effect on the Company's results of operations and financial condition. For additional information, see Note 1 of the Notes to the Consolidated Financial Statements.

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*Data sourced from SEC EDGAR. Last updated 2026-05-10.*